Spring cleaning insurance: Regular check saves money

Saarbrücken – On average, Germans spend 2,219 euros on insurance every year. Whether all risks are covered as best as possible and where savings can be made is revealed by a regular policy check.


“Order is half the life” – this also applies to documents and documents in the insurance folder. Because who knows his policies, can identify potential savings and close any existing gaps in coverage. First, it says: For a quick access and overview sift through the insurance documents and sort thematically.

Check contracts and take advantage

Many contracts contain valuable additional services that are quickly forgotten when filing the documents. Helpful extras in the accident insurance and Nachversicherungsgarantien when risk or occupational disability protection are examples. “Anyone who takes the trouble to check his contracts for such additional services and creates a watch list, can benefit in the benefit case,” said Michael Greifenberg, insurance expert of CosmosDirekt.

New life situation – new needs

Changes in life also have an impact on insurance needs. For example, couples living in a home community can save money with joint insurance policies: contracts such as personal liability insurance or household contents insurance are only needed once more. In addition, an adjustment of the household contents insurance is necessary for relocation or conversion. If the living space increases, the previous sum insured is usually no longer sufficient.

Optimize and save

Every year, many motorists secure benefits by changing car insurance – in 2013 alone, 1.87 million changed their motor vehicle insurer. This procedure is less well-known, for example, in private liability or home contents insurance. Here, too, newer tariffs often offer better benefits in the event of a claim than older ones, depending on the insurer.

Muck and keep

Insurance contracts and contract modifications must be kept for as long as the policy is valid. Attention: If a contract was terminated, not all documents are immediately in the garbage. “Who expects payouts, such as a life or pension insurance, should keep the contract documents,” says Michael Greifenberg. “You can later become important for tax or inheritance law issues.” Basically, documents with sensitive data should be properly destroyed.