Congratulations! You're moving into your first apartment and finally becoming independent – no more parents telling you when to take out the trash. But with great freedom comes great responsibility (yes, even insurance – sorry!). But don't worry, we'll explain it all in a relaxed, easy-to-understand way, without any insurance jargon.
1. Home contents insurance – because your stuff wasn't cheap
Sure, maybe your first furniture is a wild mix of IKEA, eBay classifieds, and Grandma's attic finds. But even if your interior doesn't look like it came straight out of a designer catalog, it would be a real shame if it were destroyed by fire, water damage, or a break-in. Home contents insurance will replace your belongings at their new value if something happens.
Do I really need it? If you can't replace everything out of pocket, it's a good idea. And hey, it usually only costs a few euros a month!
2. Liability insurance – in case you do something wrong
Imagine you invite friends over, one of them trips over your charging cable, falls against the TV, and it flies straight through the window and lands on your neighbor's fancy car. Sounds expensive? It is! Personal liability insurance covers exactly these kinds of damages – not just in your apartment, but anywhere.
Do I really need it? Yes, absolutely! One of the most important insurances there is. If you're still insured through your parents – great. Otherwise, get one as soon as possible!
3. Legal expenses insurance – in case you have problems with your landlord
Is your landlord suddenly not as nice as they were during the apartment viewing? Is the utility bill outrageous, or has the heating broken down and simply not being repaired? In such cases, legal expenses insurance with tenancy law coverage can help you get your rights without having to pay an expensive lawyer yourself.
Do I really need it? Not necessarily, but if you live in a city with scarce housing, it's worth considering.
4. Disability insurance – because you can't live on air and love
Now you might be thinking, "What does this have to do with my first apartment?" A lot! Because if you can no longer work due to an accident or illness, you won't receive a salary. Disability insurance ensures that you don't have to move back in with your mother, but can continue to afford your own life.
Do I really need it? The sooner you get it, the cheaper it is. If you're financially dependent on your job – yes, absolutely!
5. Car insurance – if you have a car
If you're driving to your new apartment, third-party liability insurance is mandatory, and comprehensive or collision coverage might be a good idea. Especially for new drivers, premiums are often expensive, but you can save money by choosing the right policy.
Do I really need them? Only if you have a car – but then definitely!
Additional tip: Compare insurance policies instead of taking out a policy blindly
Insurance is important, but not every policy makes sense. Before you sign a contract, it's worth comparing offers – or using a clever insurance AI ( cough Risk-BOT cough ) to get tailored suggestions.
Conclusion: Which insurance policies are truly important?
The must-haves:
- Private liability insurance – indispensable!
- Home contents insurance – especially for valuable items.
- Disability insurance – if you depend on your income.
The nice-to-haves:
- Legal expenses insurance – if you want to avoid tenant stress.
- Car insurance – if you have a car.
So, unpack the boxes, get settled in and protect your new home – but without panic, because with the right security you can sleep much more peacefully!
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