Contents insurance

The insurance is a property insurance. It provides for the inventory, so on furnishings, household items of a household ( household ) insurance coverage against fire, water, storm, hail, burglary, robbery and vandalism. Moreover, in addition to pure damage and resulting costs, such as clean-up, protection and accommodation costs are covered. In addition, other inclusions are possible, such as the theft of bicycles or the coverage of natural disasters ( where possible deductibles apply) and surge damage.

Usually, the insurance of the household is the replacement value, that is, the insurer reimburses the costs incurred to acquire things of the same kind and quality as good as new again. With regard to their basic elements of home insurance is a related insurance. This means that the individual insured risks can be completed only in combination and even the entire contract may be terminated. In contrast, there are bundled insurance (common in the commercial sector and in industrial insurance ) to insure only individual risks such as burglary or tap water.

The insurance was first offered in 1942 as an independent branch of insurance on the basis of the tariff pa 42. In the years 1966, 1974, 1984, 1992, 1997, 2000, 2004 and 2008 were made revisions to the general insurance conditions.

3.1 Duties of the insured
3.2 Acceptance Guidelines

4.1 General Description
4.2 Beneficiaries
4.3 Geographical validity
4.4 Sum insured
4.5 Perils

Description

The insurance protects the property of the insured against the risks listed above, the result in the destruction, damage or loss result. Figuratively speaking, almost all movable property is insured in the household of the policyholder on the insurance. These include furniture, household electronics, clothing and even food and bicycles.

Such exclusions are always justified if the objects of another insurance group shall be allocated or if there is already coverage through another insurance contract.

When the Insured applies in the insurance policy (policy) designated by the customer apartment. This includes not only the actual apartment also fall terraces, balconies and loggias. Insured are also commonly used rooms in an apartment building, for example, spaces for bicycles in the hallway or laundry room. Most is also household effects stored in outbuildings on the same grounds, covered. Garages that are located in close proximity to the Insured, are the same apartment. As a directly applicable prevailing opinion a distance from the regular monitoring of the garage is still possible. This can result in an individual case to very different results: An approximately 200 meters from an apartment remote garage in a large residential complex could be made even among the nearby term, a garage 100 meters away, separated by a road and a business enterprise from the apartment will no longer be classified as close.

The insurance is not only the household of the policyholder, but also by all living under the same roof with this people, such as spouses or children.

As part of the exterior of insurance stated in the policy Insured is partially extended and thus personal household effects, for example, temporary ( not permanent ) located in a vacation - be insured - under the relevant insurance contract. The external insurance is valid worldwide and for a period of usually three months. It is to be noted however that no insurance coverage is provided for a trip that is planned from the outset for four months during the first three months.

If children of the policyholder as part of their community service Ausbildung/Studium/Wehr- or obtain a home of their own, there are things insured until the end of the training. However, if an individual household will be established and there are no more intention to later return to the parental home, the insurance coverage is not required. In addition, here are the general limits of indemnity insurance of foreign observed.

When moving the insurance coverage is extended temporarily to both the old and the new residence of the policyholder, usually for three months from start moving. The move is notifiable. Also, damage to transportation routes shall be deemed insured unless they are caused by one of the insured perils. In most societies, but only moves within Germany are insured, relocations abroad, the insurance cover then ends at the border. When moving is irrelevant where the policyholder is reported, it depends on where he has his center of life. Therefore, the insurance coverage can also be transferred to a new apartment if the policyholder for professional reasons moves to another city, but only a few items for personal hygiene, etc. entrains. If the old apartment remains the property of the policyholder, not applicable for this then three months after the start of the parade coverage. Similar regulations apply to the separation of spouses. The exact scope of this provision differs from insurer to insurer.

Special compensation limits apply in the home insurance for the so-called valuables. This includes, inter alia, cash, savings books, jewelry, stamps, furs, paintings, antiques ( items with an age of more than 100 years, with the exception of furniture ), and things made of gold and silver. First a general indemnity limit of usually 20 % is earmarked for these items, depending on the insurance company is different, but can be extended. There are also individual categories of valuables special compensation limits, if these are not in value protection cabinets. For many companies, the limit for cash is then for example 1000 euros.

The premium of the insurance is calculated according to the amount of insurance coverage, the individual inclusions and the location of the insured premises ( Burglary / storm / flood - tariff zone ). The sum insured is calculated by many insurers by a rule of thumb about the living space. This area is to be distinguished from the living space of a lease. In the technical area, for example, balconies and terraces are not considered.

It is important, as in all lines of insurance, the correct determination of the sum insured. If the actual value of household goods be higher than the agreed sum insured, there is an under-insurance, which affects adversely in case of damage. This means that, for example, in a household with a value of € 80,000 and an insurance cover of € 50,000, the insurance only 5/8 of the damage, max. 50,000 euros ( compensation = damage x sum insured / insured value ) paid. Almost all insurers are willing to give up this so-called " defense of under-insurance " in case of damage in general, if the customer is willing to take a fixed sum insured per square meter - usually 650 euros / sqm living space - complete ( under-insurance waiver ) some providers even offer generally without special conditions of the waiver to the defense of under-insurance. This guarantees the customer the actual compensation up to the sum insured a possible preventive usually 10% of the sum insured, but can also quickly result in very large homes for a similarly undesirable over-insurance.

Scope

Insured risks

Has left him and is able to spread on its own.

Short-circuit and over-voltage damage to electrical devices are only covered if a flash is impinged directly on insured property.

Some companies offer their customers extensions of the insured risks to, for example, damage caused by internal unrest or vehicle impact.

Insured costs

After the non-binding association conditions of GDV following costs are included in the home insurance insured:

Many insurance companies offer their customers the insurance of other costs. For example, this includes return travel costs in a significant loss event, the cost of recovery of electronic data after an insured event or the cost of an expert's method.

Additional clauses

The clauses listed below can be additionally agreed to the contract, depending on the request of the policyholder. Extensions of cover are here to pay usually with an additional premium.

Significant exclusions

To make the risk for the insurance companies to calculate and to prevent insurance fraud, various facts are in addition to home insurance in the industry generally customary exclusions such as war or nuclear energy excluded:

Scorch damage: In a combustion process, which can not spread itself continuously, it is a scorching damage. This is, for example, while dropping a sparkler on a carpet conceivable. Scorch damage as a result of an insured fire, however, are covered if, for example, a lamp rises by a defect in flames and falling sparks burning holes in the carpet.
Surge damage caused by lightning: These damage to electrical facilities will only be replaced as a rule, if a flash has caused on the property of the insurance site damage. This exclusion can, however, waive any of the clauses of the agreement. Some insurance companies have this damage already generally insured.
Simple theft: the case of simple theft the offender does not enter a building or breaks there is no container on. These damages are also excluded from coverage. For example, a thief steals in an unguarded moment the handbag of the policyholder, as these feeds in a restaurant. In particular in connection with the entry into a building various combinations are discussed in the literature. When burglary is considered, for example, when a thief climbed onto a balcony and from there take a few things with it. Whether a fast grip is through an open window, an insured burglary, is controversial. No Burglary is the breaking of a Kraftffahrzeuges on the open road (unlike in a secured underground garage or a secured parking garage) or the breaking up of a train compartment or cabin of a ship.
Shoplifting: Particularly important in the risk insured against robbery. When Shoplifting the perpetrator takes advantage of a moment of surprise, so that the policyholder is not a reaction to the situation. This includes, for instance, the stalking and subsequent tearing away a purse from the arm. It is also important that violence during a trick theft should not be the determining element.
Ingress of rain, hail, snow or dirt through improperly sealed windows and doors: If the insured risk storm / hail is the entry of water, snow, etc. in the insured dwelling insured only if the corresponding holes were caused by the storm. Should the rain but penetrate for example, by an unclosed roof windows or storm impress a non- locked door, there is no insurance cover.
Ingress of moisture due to large masses of snow: If moisture enters eg on the terrace due to large masses of snow, the damage is neither a flood nor a snow pressure damage, so this is not insured.
Parts of Building: things that are counted as a building component, have no protection on the insurance. This includes, for example, is specially adapted to the apartment of the policyholder fitted kitchens. Also firmly glued parquet floors are attributable to the building generally.
Household goods from tenants / subtenants. These must complete their own insurance for their belongings.

Examples of failure

Due to a technical defect ignites a TV and is part of the living room in flames. Dirty smoke more rooms of the insured home. During fire the fire the entire apartment is almost under water. In this case, the insurance replaces both the damage to household goods that are caused directly by the fire as well as the consequential damage due to fire smoke and fire water. Possible costs for clean-up costs will be reimbursed on the cost position. Damage to the building fabric will be replaced by a homeowners insurance.
A tube in the insured home breaks due to corrosion. Leaking tap water will damage the carpet and various furniture. For precise leak locating a craft enterprise is appointed. The insurance replaced damaging the carpet and the furniture and the costs for leak detection.
A storm rips off some roof tiles, penetrating rain causes damage to the insured home. In this case, the damages to be paid to the roof through the building insurance, water damage on the insurance.
A perpetrator levers on a window of the apartment and steals some high quality electronic equipment. The theft is covered by the insurance. Damage to the windows are liable also on the insurance.
In the evening the policyholder is threatened on the street by a man and forced to surrender his wallet. The insurance compensation for the damage, but in this case the special compensation limits for the outer and insurance for valuables are taken into account.
Because an offender can not find any valuables after a burglary, he wantonly destroyed furniture and smeared the walls with paint. Here, the insurance replaces both costs for the damaged household items and cleaning the smeared walls.

Rights and obligations

The insurance may overlap in some cases with other insurance companies, for example, the homeowners insurance or baggage insurance. In the latter case, first regulates the insurer, which was first taken by the policyholder to complete, the damage completely. As between the two insurers of the other insurer is then balancing charge.

Duties of the insured

As is customary in the industry, various duties have been imposed in the home insurance policyholders. Their injury can mean a reduction of the claims payments, or even a performance freedom of insurance. For example, it is under an obligation to specify all material facts committed by him which the insurer has asked for in writing. In case of damage, he must provide the insurance company with all relevant information without delay.

A special feature of the insurance is the duty of the apartment to heat sufficiently during the cold season or empty water-carrying pipes extended absence. This serves to avoid pipe breakage due to freezing.

With exceptionally high sums insured, especially for valuables, the policyholder is often obliged to certain safety devices such as installing burglar alarm systems and also to keep operational.

Acceptance guidelines

Unlike, for example in the automobile liability insurance is in Hausratversichrung not a liability insurance. Consequently, there is no compulsion to accept an application for insurance companies. Rather, an assessment of the individual risk situation of the applicant, whether the insurance wants to take the risk.

Are usually rejected applications of already known relevant insurance fraudsters. Even customers that an insurance contract was terminated due to non payment of the premium will probably run into problems. The individual insurance companies have certain drawing boundaries. If the sum insured should exceed this drawing limit, no contract may result in civil. Also, policyholders who have already been reported in the recent past various damages are usually rejected. Some insurers reject risks, if in the same building gefahrerhöhende establishments such as nightclubs or brothels are. Alternatively, in some cases very high premium surcharges are required.

Some insurance companies provide still no protection for flats or apartments abroad for longer periods are uninhabited. Also for imminent or actual damage not covered by insurance is granted.

In the standard rates of many insurance companies, there are also fixed maximum sums insured. If these are exceeded, the insurer is not a drawing. In this case, you must switch to specialized providers for wealthy clients.

Household insurance in Austria

A household insurance is an insurance and corresponds to a " house insurance " in Germany, where there are some small differences.

General Description

The Austrian " household insurance " is the counterpart to the " house insurance " in Germany. She is an insurance and primarily covers damage to or loss of moving objects in their own living room from, for example, furniture and electrical appliances. It includes mostly by default, a fire, storm damage, water damage, burglary and glass breakage insurance. Other risks can but 'm trapped.

While the private liability insurance usually closes separately in Germany, household insurance in Austria is usually a combination of insurance and private liability insurance.

The liability insurance protects against claims for damages from third parties if the insured or caused to property or personal injury.

Insured persons

The household insurance not only protects the property of the insured person, but also that of family members. These are, for example, spouses, domestic partners and children living in the same household. Some define insurance in Austria, in children 's age limit up to which they are included in the household insurance. Mostly, this limit is 25 or 27 years and the child may not have their own income.

Geographical validity

For insured home contents include home furnishings and everything that is typically used for private use or consumption. Also includes coverage adjoining rooms or outbuildings such as basement and attic, outbuildings or similar there are usually stored items as insured. These include in particular mounted furniture, tools, garden equipment sports equipment as well as prams, car accessories and groceries.

Further comprising the local application of the household insurance communal areas, but these are not publicly available (staircase, bicycle room ). These areas are usually bikes (if they are sheared ), prams, garden tools, garden furniture and linen insured. Most insurance companies in Austria also insure typical mounted outdoor items, such as on balconies, terraces or in the garden.

Many household insurances also cover damage of personal belongings of private use of the burglary, which are temporarily stored in a vehicle. However, the car must be shut off and the items may not be open in the vehicle. But Electronic devices are usually excluded! Insured are also goods for private use, which are temporarily stored in wardrobe boxes (eg in swimming pools, health clubs, etc.), and get lost there by housebreaking.

Some insurance companies of the apartment contents of children studying is insured at the study against the same dangers as the apartment contents at the insured. There are usually, however, significantly lower amount limits.

Sum insured

In Austria, the replacement value of the items is usually insured. However, the value of the damaged items must, however, be at least 40 % of the replacement value. Otherwise, the insurance covers only the value.

Insured risks

The fire insurance covers damage caused by fire, direct lightning, explosion, or consequential damages caused by smoke, soot and fire water. Scorch damage, as can occur for example when ironing or by cigarette burns are, as well as " indirect lightning damage " that can cause damage to electrical cables, not generally insured.

A storm damage insurance covers damages and consequential damages, which were caused by a storm with more than 60 km / h. Making a distinction here when the household insurance and when coming up the building insurance for damage. An example: If the roof is covered by the storm, the home insurance will pay. If, however, thereby damage to the apartment or household contents, such as rain, which covers basically the household insurance.

Even against damage caused by tap water can insure themselves. This damage is covered, caused by the escape of water from pipes, fittings or connected devices such as washing machines, heating and air conditioning equipment. Usually also frost damage to fixtures and fittings are covered. Many insurers in Austria also cover the escape of water from aquariums and waterbeds.

The Burglary insurance covers damage or consequential damage caused by a burglary and robbery by. Burglary occurs when someone is forcibly penetrated into closed premises. For valuables, the maximum compensation amount also on the nature and safety of storage depends. Therefore, the storage requirements of the insurance you have to consider when storing valuables necessarily.

The coverage of vandalism damage is not included in the classical household insurance. You must also be agreed upon in the contract.

Additionally, you can include a glass breakage insurance in the household insurance. This damage caused by breakage of door and window panes, mirrors, pictures and furniture glazing are covered up to the size of 5 m. It does not include damage caused by scratching or chipping, and damage to hollow glassware, lighting fixtures or special glazing.

Color Compulsory insurance

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