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Privathaftpflicht, BU & Co: Insurance Overview in Germany

Three insurance types are considered priorities in Germany: Privathaftpflicht (personal liability, 40–80€/year), Berufsunfähigkeitsversicherung (disability protection, 3–5% of gross), and Krankenversicherung (health insurance, mandatory by law). The rest — Hausrat (home contents), Rechtsschutz (legal protection), travel insurance — depend on your life situation and assets.

How Insurance Is Typically Categorized

From bottom to top: from basic protection to additional coverage.

                    △ Additional
╱ ╲ (Reisegepäck, Glasbruch)
╱ ╲
╱ ╲
╱ Situational ╲
╱ (Hausrat, Rechtsschutz) ╲
╱ ╲
╱ Commonly Recommended ╲
╱ (Haftpflicht, BU, Kranken) ╲
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔

Privathaftpflichtversicherung

Privathaftpflicht (personal liability insurance) is the most common voluntary insurance in Germany: over 85% of households have it [1].

Covers damage you accidentally cause to other people or their property. In Germany, the principle of unlimited personal liability applies.

What It CoversExample
Personal injuriesYou hit someone with your bike → treatment costs, compensation
Property damageYou drop a friend's laptop
Financial lossesYou accidentally delete important data
Rental property damageYou damage your rented apartment

What to look for:

CriterionTypical Recommendation
Coverage amountFrom €10 million
MietsachschädenIncluded
SchlüsselverlustIncluded
GefälligkeitsschädenIncluded
Cost€40-80/year

Berufsunfähigkeitsversicherung (BU)

Berufsunfähigkeitsversicherung (BU, disability insurance) pays a pension if you cannot work in your profession.

Approximately one in four workers in Germany becomes unable to work before reaching retirement age [2]. State Erwerbsminderungsrente (reduced earning capacity pension) covers on average 35% of last gross income and is only paid when completely unable to work more than 3 hours per day in any job [3].

State ErwerbsminderungsrenteBU
~35% of last grossInsure 60-80% of net
Only when under 3 hours work capacityFrom occupational disability
For ANY jobFor YOUR profession

What to look for:

CriterionTypical Recommendation
BU pension60-80% of net income
TermUntil age 67
No abstract referralRecommended
NachversicherungsgarantieRecommended
Cost3-5% of gross income
Age and health affect premiums

BU premiums are calculated based on age and health at the time of application. Younger and healthier = lower premiums.

Krankenversicherung

Krankenversicherung (health insurance) is mandatory by law in Germany — no exceptions.

Either GKV (gesetzliche Krankenversicherung, public) or PKV (private Krankenversicherung, private). Employees earning below the mandatory insurance threshold (€73,800 gross per year in 2025) are automatically insured in GKV [4].

Level 2: Situational Insurance

Hausratversicherung

You need it if: Valuable belongings, burglary risk, expensive electronics

Claim TypeCovered
Burglary
Fire, lightning
Water damage
Storm, hail
Own carelessness

Typical cost: €50-150/year

Auslandsreise-Krankenversicherung

You need it if: You travel outside the EU

SituationGKV CoverageAuslandsreise-KV
EU with EHICAdditionally useful
USA, Asia, etc.MANDATORY
Repatriation

Typical cost: €10-20/year — almost always worth it

Rechtsschutzversicherung

You need it if: Frequent conflicts possible (rental law, employment law)

AreaTypical Cases
MietrechtDisputes with landlord, deposit
ArbeitsrechtTermination, reference
VerkehrsrechtAccidents, fines
PrivatrechtPurchase contracts

Typical cost: €150-300/year

Insurance with Debatable Value

Arguments Against

InsuranceCriticismAlternative
HandyversicherungHigh price, many exclusionsSave for replacement
SterbegeldversicherungLow returnsETF savings plan
GlasbruchversicherungRare cases, low costsPay yourself
ReisegepäckversicherungOften covered by HausratCheck your coverage
KrankenhaustagegeldMay duplicate sick payCheck if needed
RestschuldversicherungHigh cost, many exclusionsConsider BU instead
Self-Insurance Principle

For smaller risks, some prefer to build an emergency fund instead of insurance — saving on premiums and maintaining more control.

Things to Consider

Common ApproachAlternative Approach
Postpone BU until laterEarlier signup = lower premiums
Get each insurance separatelyBundle deals may be cheaper
Low coverage amountsHaftpflicht: typically €10 million recommended
Insure small thingsHigher deductible = lower premium
Rarely review contractsAnnual review of terms

Checklist by Life Situation

Student/Apprentice (under 25, insured through parents)

  • Privathaftpflicht (often through parents, check!)
  • Auslandsreise-KV for semester abroad

Career Starter

  • Own Privathaftpflicht
  • BU as early as possible
  • Auslandsreise-KV

First Own Apartment

  • Privathaftpflicht (with Mietsachschäden)
  • BU
  • Hausrat (if valuable belongings)

Family with Children

  • Privathaftpflicht (family in one contract)
  • BU for both earners
  • Risikolebensversicherung (for main breadwinner)
  • Hausrat

Key Numbers

  • 1 in 4 — share of workers who become unable to work before retirement [2]
  • €10 million — minimum recommended Haftpflicht coverage [5]
  • €40-80 — price range for Haftpflicht per year
  • 3-5% of gross — guideline for BU premiums
  • 35% — average state Erwerbsminderungsrente as percentage of last gross [3]

Common Questions

Am I still insured through my parents? Haftpflicht: Often until age 25 and during first education. Health insurance: Until 25 (Familienversicherung GKV). Terms depend on the specific policy — check with your insurer.

Is BU relevant for office work? Mental illness is one of the most common causes of occupational disability, regardless of profession type.

Can I deduct insurance from taxes? Partially. Haftpflicht and BU count as special expenses (Sonderausgaben, deductible expenses), but there are limits that are often already exhausted by Kranken- and Rentenversicherung (health and pension insurance) contributions [6].

Sources

  1. Gesamtverband der Deutschen Versicherungswirtschaft (GDV). Privathaftpflichtversicherung: Verbreitung und Bedeutung. GDV, 2024. https://www.gdv.de/de/themen/versicherungen/privathaftpflicht
  2. Deutsche Rentenversicherung. Erwerbsminderungsrenten: Statistik und Ursachen. DRV Bund, 2024. https://www.deutsche-rentenversicherung.de/DRV/DE/Rente/Allgemeine-Informationen/Erwerbsminderungsrente/erwerbsminderungsrente_node.html
  3. Bundesministerium für Arbeit und Soziales (BMAS). Erwerbsminderungsrente: Leistungshöhe und Voraussetzungen. BMAS, 2024. https://www.bmas.de/DE/Soziales/Rente-und-Altersvorsorge/Erwerbsminderungsrente/erwerbsminderungsrente.html
  4. Bundesministerium für Gesundheit. Versicherungspflichtgrenze 2025. BMG, 2024. https://www.bundesgesundheitsministerium.de/themen/krankenversicherung/grundprinzipien/versicherungspflicht.html
  5. Bund der Versicherten (BdV). Privathaftpflicht: Empfohlene Deckungssummen. BdV, 2024. https://www.bundderversicherten.de/Verbrauchertipps/Privathaftpflicht
  6. Bundesministerium der Finanzen. Sonderausgaben: Versicherungsbeiträge steuerlich absetzen. BMF, 2024. https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Steuern/Weitere_Steuerthemen/Abgabenordnung/sonderausgaben.html