Contents insurance
Contents insurance, also known as business or business contents insurance, protects a company's inventory and business equipment against damage caused by various risks.
The most important thing is the content
Contents insurance - what is it?
Unforeseen events such as fire, burglary or water damage can cause serious losses to your inventory or business equipment. With contents insurance, you are protected against all eventualities.
Facts & Figures
FAQ on contents insurance
We have summarized the most frequently asked questions about contents insurance for you in our FAQ. Our experts will also be happy to provide you with individual advice.
Contents insurance is important because it covers the financial risk of damage to inventory and business equipment. Without insurance, companies would have to bear these costs themselves, which could threaten their very existence.
Contents insurance typically covers the following losses:
- Fire: damage caused by fire, lightning, explosion and implosion
- Burglary: damage caused by burglary, theft and vandalism following a break-in
- Tap water: damage caused by leaking tap water, burst pipes and frost damage
- Storm and hail: damage caused by storm, hail, snow and rain
- Vandalism: damage caused by willful damage by third parties
As a rule, the following are not covered
- Damage caused intentionally
- Damage caused by gross negligence on the part of the policyholder
- Damage caused by war, civil unrest or nuclear events
- Damage due to normal wear and tear
- Retailers: protection of stock and store fittings
- Craft businesses: protection of tools, machines and materials
- Catering businesses: protection of kitchen equipment, furniture and supplies
- Offices and service providers: protection of office equipment, computers and documents
- Manufacturing companies: Protection of machinery, raw materials and finished products
Yes, there are specialized content insurance policies that are tailored to the specific risks and requirements of different industries, such as retail, gastronomy, trade or IT service providers.
Underinsurance occurs when the sum insured is lower than the actual value of the insured inventory. In the event of a claim, only part of the damage will be compensated. To avoid this, the sum insured should be regularly reviewed and adjusted.
- Damage caused by intentional or grossly negligent behavior
- Damage caused by war, civil unrest or nuclear events
- Damage due to normal wear and tear
- Damage caused by unauthorized or illegal activities
As a rule, contents insurance applies to the specified insurance location (e.g. company location). For companies with international business operations, however, there are special insurance policies or supplementary agreements that also cover inventory abroad.
All risks cover extends the insurance cover to all unforeseen losses that are not expressly excluded. This offers more comprehensive protection than traditional contents insurance, which only covers certain risks.
Further insurance solutions
In addition to contents insurance, we also offer numerous other insurance solutions that may be of interest to you.
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