More and more students are deciding to move into their own apartment or a shared apartment when they start their studies. In addition, when you move out, the question often arises as to whether you will still be insured through your parents or whether you need to take out additional insurance. In this article we summarize the most important points and special features of the three 'most important' insurance policies.
Liability insurance - covered by your parents?
Just drop your roommate's smartphone and the question of liability insurance arises. But don't worry! If your parents have statutory liability insurance and you have not yet reached the age of 25, you will generally remain insured under your parents' family insurance policy - even when you start studying. So you can sit back and relax, enjoy your parents' insurance coverage and practically don't have to worry about anything.
However, there are also some cases in which family insurance no longer applies. For example, if you earn over a certain amount from your working student job (the limit is usually around 450 euros per month) or have already reached the age of 25. If you then want to take out private liability insurance , you will be spoiled for choice. There are countless insurance providers that differ greatly in their services and their premium costs. A comparison calculator can help you find the perfect liability insurance for you from the countless insurance tariffs.
Similar conditions for health insurance as for liability insurance
Almost the same conditions apply to health insurance as to liability insurance and here, too, as a new student you will initially remain insured with your parents without paying any contributions. Here too, family insurance only ends when 1) you reach the age of 25 and 2) your regular income exceeds a certain amount.
Here, too, it is a good idea to take a look at a health insurance comparison calculator to find the best health insurance. Especially when it comes to health insurance, there are many insurance providers that offer special tariffs for health insurance for students .
These special features apply to household contents insurance in shared apartments
As with liability insurance, there is also the option of being insured by your parents for household contents insurance throughout your studies. But there are some special features that need to be taken into account.
The possibility of you remaining insured through your parents' household contents insurance is tied to the fact that the insurance provider assumes that you will move back in with your parents after your studies. Even if you don't actually have to intend to do this, the fact remains that you are not allowed to set up your own household and your primary residence must remain registered with your parents. what does that mean to you? Your parents' household contents insurance only applies if you move into a shared apartment as a sublet. But not if you want to set up a shared apartment or move into a shared apartment as the main tenant. In addition, there is another special feature here: since household contents insurance cannot determine which valuables really belonged to whom in the event of damage within the shared apartment, it only covers the items that are actually in your own room. But not for all other items in the rest of the shared apartment. Since household contents insurance is particularly interesting in relation to, for example, water damage or fires, the insurance cover is somewhat limited.
Many insurance providers now also offer the option of household contents insurance for the entire shared apartment , which means that all items in the entire shared apartment are covered and all roommates are included in a common contract. Since household contents insurance usually only costs a few euros per month, it is almost worth taking out your own household contents insurance instead of being insured through your parents.
This is important to keep in mind during a year abroad
In some countries, such as France, proof of household contents insurance is mandatory in order to rent an apartment, a room in a shared apartment or even a room in a student dormitory. You should therefore find out in advance whether household contents insurance is required in your target country.
And even in Germany, some landlords require household contents insurance to rent an apartment or set up a shared apartment!
