Additional insurances Safety first: find out which insurances you should take out in Germany. Liability insurance Liability insurance pays if you damage or destroy another person's belongings. For example, if you break a vase or spill coffee on a friend's smartphone. Most Germans have that kind of insurance because it is inexpensive and protects you from having to pay for the damage with your own money. Household contents insurance This insurance covers all items inside your house or flat. For example, household contents insurance pays if furniture and clothing are stolen or damaged by fire, storm or water. The cost of household insurance depends on the size of your home, among other things. Accident insurance You are a member of the statutory accident insurance scheme through your employer. This means that you are covered in the event of an accident at work or on your way to work. Private accident insurance is a good way to protect yourself against accidents when you are not at work. This covers the financial consequences of an accident, for example, if you become disabled and are no longer able to work. You can also arrange benefits for the rehabilitation of your health, which are not covered by statutory health insurance. Occupational disability insurance Occupational disability insurance covers you if you are no longer able to work for health reasons. If you are diagnosed with an occupational disability, the insurance will pay you an agreed monthly pension. Occupational