Wohngebäudeversicherungen

Wohngebäudeversicherungen, also known as building insurance, are a type of property insurance in Germany that covers damages to a residential building. These policies are primarily designed to protect homeowners against financial losses resulting from various perils. The most common types of coverage include protection against fire, tap water damage, and storms or hail. Additional coverage options often exist, such as protection against natural hazards like floods or earthquakes, and sometimes against vandalism.

The sum insured is typically based on the replacement value of the building, meaning the cost to rebuild it in its current condition. It is crucial to ensure this sum accurately reflects the current construction costs to avoid underinsurance. Premiums are calculated based on factors such as the building's size, construction type, location, and the chosen coverage. Many policies also include additional benefits like temporary accommodation costs if the building becomes uninhabitable due to an insured event. It is advisable for homeowners to carefully compare offers from different insurance providers to find a policy that best suits their individual needs and budget.