Representative study on Insurance Day: civil liability, automobile and…

Clark Germany GmbH

Landmark study on Insurance Day: Liability, auto and home insurance are top priorities among Germans

Frankfurt am Main (ots)

The top 3 types of insurance for people in Germany are personal liability (65 percent), motor vehicle insurance (partially or fully comprehensive liability; 61 percent), and home insurance (58 percent). [1]. This is shown by a representative population study carried out by the digital insurance administrator CLARK in cooperation with YouGov on Insurance Day on June 28. A good time to deal with your own insurance situation, because there is still a lot of room for improvement. The results make it clear that Germans still prefer to protect physical objects over their own health or work. 21 percent have fire, water and storm insurance, while 26 percent have private accident insurance. CLARK insurance experts explain why a strong focus on insuring only physical objects could be negligent.

Slight increase in contracting disability insurance

An insurance that many people often dismiss as unimportant, but which would ensure their existence in the event of a claim, is disability insurance. But only one in six (15 percent) currently have this insurance. However, over the last year, more people in Germany have opted for work disability insurance: in 2021, only twelve percent declared that they had taken out this insurance. Yet despite low graduation rates, a quarter of people in Germany (26 percent) say they find disability insurance particularly important. Especially the younger generation in their first years of work (between 25 and 34 years old) consider this to be particularly important at 35 percent.

Low completion rate for other life insurance policies

According to the CLARK study, other types of insurance that cover personal or existential risks are also less popular. Only one in eight (12 percent) have term life insurance, while 20 percent have taken out company or private pension insurance. Only one in ten people have private long-term care insurance. “Of course, insuring the harm of others is absolutely recommended and sensible. However, the risks that threaten the existence of others and may lie in the future should not be taken lightly or classified as unrealistic,” says Marco Adelt, co-founder and CLARK COO. Cybercrime, for example, is also on the rise with increased digitization. Internet insurance, also known as private cyber insurance, protects against financial consequences.

CLARK Expert Advice: Learn More, Compare & Insure

No matter what professional field an employee works in: it is important to deal with disability insurance at an early stage, as this can be used to secure your own work capacity. Because in many cases, the sick person can no longer carry out their work in the short or long term, and the inability to work can be triggered by physical and mental illnesses. “However, the choice of a suitable insurance policy always depends on the respective life situation. Therefore, before taking out an insurance policy, it should always be clarified whether it actually insures an important area of ​​life. In addition, a independent and an individual consultation must be carried out before the celebration, as well as comparing prices and offers from different insurers”, says Adelt.

[1] The data used is based on an online survey conducted by YouGov Deutschland GmbH, in which 1002 people participated between 14.03. and 03/16/2022 participated. The results were weighted and are representative of the German population aged 18 and over.

[2] The data used is based on an online survey conducted by YouGov Deutschland GmbH, in which 1005 people participated between 31.03. and 05.04.2021 participated. The results were weighted and are representative of the German population aged 18 and over.

Press contact:

CLARK Press Office:
[email protected]

Original content from: Clark Germany GmbH, broadcast by news aktuell


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