Holiday home insurance – an exclusive insurance product with all-risk cover

For many BAVARIA customers, owning a yacht with a mooring in the Mediterranean is associated with real estate ownership in the yacht’s cruising area. These properties can now also be insured with BAVARIA AG with the holiday property insurance. And that in other European countries even according to German law and German conditions!

Sandra Ahrabian, CEO of BAVARIA AG, says:

“With this, we offer an exclusive insurance product with all-risk cover that everyone who owns a property abroad should definitely take a look at.”

It is not compulsory in every country to take out a contents and buildings insurance policy. However, in order to protect one’s property, it is strongly advisable to take out household contents and buildings insurance even if it is not required. This is especially true if the property is only used occasionally. Second homes are often not optimally protected against burglary and vandalism; moreover, it can take quite a long time before the owner learns of a claim, which in turn can lead to consequential damage. The insurance cover of a holiday property insurance policy can make the difference between a little trouble and a full-blown financial catastrophe. 


The highlights of our holiday home insurance

Made in Germany:

The policyholder’s property in another European country is insured in accordance with German law, under German conditions and with German-speaking 24/7 support.

All risks insurance cover:

Household contents, art and valuables are insured against destruction, damage and loss due to causes of all kinds. Optionally, the insurance cover can also be extended to buildings according to the all-risks principle.

Fair conditions: 

In many cases, insurers waive the objection of gross negligence and do not reserve the right to reduce benefits in the event of underinsurance. The contract can be terminated flexibly by means of a daily notice period.

Customer-oriented claims processing:

In the event of a claim, BAVARIA AG bears the repair and restoration costs. In the event of a total loss or loss of household effects, you will be reimbursed the replacement value. If works of art are partially damaged and suffer a reduction in value, there is the possibility of settlement according to the so-called “cash option”.

BAVARIA AG’s insurance cover takes effect in a variety of cases. Below are just three of many possible scenarios: 

A policyholder furnishes his holiday home in Spain with new furniture and paintings worth 150,000 euros. Thieves break into the holiday home and clean out the entire house. BAVARIA AG covers the case under the all risks insurance.

A smouldering fire, triggered by a lightning strike, leads to massive smoke and soot development in a Greek summer house. Almost the entire household contents become dirty and partly unusable as a result. BAVARIA AG covers the costs of cleaning and the necessary replacement of the equipment.

A property in the south of France is ravaged by wild boars and the façade is very dirty in parts. BAVARIA AG pays for the replanting of the garden and the cleaning of the building.

All-round cover with BAVARIA AG property insurance

Frequent vacancies, country-specific conditions, damage discovered late – no problem:

Those properties need very special insurance. Just like BAVARIA AG’s holiday property insurance. This special insurance for holiday properties offers customised insurance cover, precisely tailored to the particular risks of your property – from burglary and vandalism to risks from voltage fluctuations in the power grid, flooding or landslides.

With the holiday home insurance you are insured according to German law, in German language and according to German standards. This means you do not have to deal with country-specific legal peculiarities. Instead, you can insist on your right at any time – even without knowledge of the respective national language.

In the event of a claim, it is not only the financial settlement that counts. We offer you rapid and continuous support from qualified German-speaking experts. One call is all it takes and your personal contact person will be there for you immediately. With us, it’s always a person who answers the phone, not a machine. Our international network of experts and surveyors provides you with competent and comprehensive support – even on site.

Request a quote for our property insurance

You can reach us by phone at +49 (0) 89 – 6939 2323 or by e-mail.