By combining certain insurance policies, couples can not only optimize their coverage, but also save significant costs. Many policies can be used jointly, which avoids double premiums. But which insurance policies are particularly suitable for shared use and what should you pay attention to?
Private liability insurance: Avoid double insurance
Private liability insurance is one of the essential types of insurance and can be used jointly by couples. Cohabiting partners can be covered in a single contract, eliminating the need for double coverage.
Household contents insurance: protection for the shared household
When you move in together, the value of the shared household contents increases, which is why the insured sum needs to be adjusted to avoid underinsurance. Bayerische advises comparing existing policies and choosing the contract with the better conditions. A single household contents insurance policy is usually sufficient as long as both partners are named in the contract.
Legal protection insurance: shared protection in the event of a dispute
Joint legal protection insurance can be a sensible solution. CHECK24 points out that in many cases a single policy is sufficient. However, it usually does not cover disputes between the two insured people. Careful review of the contract terms will help avoid unexpected costs.
Motor vehicle insurance: savings potential through shared use
When it comes to car insurance, there are also ways to reduce costs through shared use. Versicherungs.de recommends informing the insurer about sharing the vehicle in order to obtain a more favorable driver group arrangement. If you have multiple vehicles, it may also be worthwhile to insure both with the same provider, as this can enable discounts.
Term life insurance: protection for shared obligations
Term life insurance is particularly important for couples with shared financial obligations, such as a real estate loan. Insurer.de recommends adjusting the amount of the insured amount to the outstanding loan amount in order to financially protect your partner in the event of death. Unmarried couples should sign separate contracts to avoid tax disadvantages.
Important aspects when merging insurance companies
When merging insurance companies, a close examination of existing contracts is crucial. Both partners should be named as policyholders or insured persons and the sum insured should correspond to the actual needs. Notice periods must be taken into account to ensure seamless insurance coverage.
An insurance comparison helps to find the optimal tariff for your individual situation. In addition to the costs, the services should also be carefully examined, as the conditions can vary greatly depending on the provider. Regular review and adjustment of contracts enable financial savings and optimize insurance coverage for both partners.
Editorial team finanzen.net