What financial advisers are advising clients to do with higher insurance premiums

Accident investigation If repair costs increase due to inflation, the costs for the insurer and consequently for the insured increase. (Photo: dpa) Cologne Insurance brokers have a lot of work to do. Because rising prices are having an impact on homeowners insurance coverage and premiums. Policies are getting more and more expensive. Even the financial … Read more

Storm damage after Hurricane “Zeynep”: what insurance pays

February 18, 2022 at 9:00 p.m. Hurricane Zeynep : Storm Damage to Home and Garden: What Insurance Pays? A tornado in 2019 caused extensive damage in the southwest of Luxembourg: most of the damage is covered by insurance. Photo: dpa/Anthony Dehez Service The cleanup work after the storm “Ylenia” is not yet finished when the … Read more

Total loss three years after buying a car? The Itzehoer reimbursed

AD // Sometimes it happens faster than you can imagine: there were around 2.3 million accidents on German roads last year. According to the Federal Statistical Office, this is the number of accidents recorded by the police in 2021. It doesn’t always go smoothly. Although the relief is initially great when no one is injured … Read more

VIG increases premiums and earns more | Insurance | 08/18/2022

VIG reports a significant increase in business during the first half of the year. Written premiums rose 11.6 percent in the first half of 2021 to a good €6.4 billion, not counting Eastern European carriers recently acquired from Dutch insurance company Aegon. The good development is mainly due to the non-life business, as a company … Read more

These property insurances offer the best protection

Bodies of water after heavy rain in Hagen More and more people are trying to protect themselves from the serious economic consequences of storms by taking out insurance. (Photo: imago/Marius Schwarz) Dusseldorf The consequences of climate change are visible in Germany. Meteorologists report more frequent heavy rains. “2021 was the year of the worst flood … Read more

How the self-employed should insure their equipment – Economy

Being self-employed, full-time or part-time, is for many a tempting way to break from the previous professional rut and do something completely new. For others, this decision is born of necessity, because they cannot find another job. Whether self-realization or self-exploitation: Those who become self-employed should think about the right insurance from the start. Because … Read more

Motor vehicle insurance: HUK Coburg extends its leadership

Contrary to its own expectations, HUK Coburg has extended its lead as the market leader for auto insurance in Germany. Although fewer new cars were sold in the Corona year 2020, the company from the small town in Upper Franconia had insured 13 million vehicles by the end of December, a total of 600,000 more … Read more

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