Should you have all your insurance with one insurer in Germany?
In short
Should you have all your insurance with one insurer in Germany? Usually not all of it. A bundle often brings a discount, as an estimate 5 to 15 percent, and one contact. But rarely is one insurer good in every line. If you later cancel one policy, the discount on the others often disappears. Bundle where the policies suit you anyway and choose other lines separately.
Estimates for bundle discounts and legal deadlines in Germany, October 2026.
Example
Typical range
Bundle discount for two or three property policies
estimate about 5 to 15 percent
Saving at 10 percent on a EUR 70 liability policy
EUR 7 a year
Cancellation after a property claim
up to 1 month after negotiations end
Notice period for ordinary cancellation
1 to 3 months to the end of the period
Bundle discounts are not published consistently;
the range and the example are estimates from quoting practice.
Deadlines from the German Insurance Contract Act.
Worked example
Family with liability, contents, building, car and disability cover
Option A: everything with one insurer at a 10 percent bundle discount. Option B: property bundled, car and disability cover with other companies.
Annual premium A
estimate EUR 2,430
Annual premium B
estimate EUR 2,390
Disability cover in A allows referral to another job
gap when you claim
Disability cover in B waives that referral
suitable terms
B costs about the same and is better in the most important line. Figures are estimates from quoting practice.
What speaks for one insurer
Many insurers give a discount if you hold several policies with them, for example liability, home contents and buildings. You have one contact, one customer portal and often one billing date. If a claim touches several lines, such as a burst pipe affecting contents and building, there is less dispute about who pays.
That is a real benefit, but only as good as the individual policies.
What speaks against it
An insurer with strong home contents cover may have weak terms for disability or boat insurance. If you bundle everything, you take on its weaknesses too. A 10 percent discount on a EUR 70 liability policy saves EUR 7; a gap for gross negligence can cost thousands in a claim.
If you cancel one bundled policy, the discount on the others usually ends. Ask beforehand how the remaining premiums will change.
The myth that all policies get cancelled
After a claim, both sides may cancel the policy concerned: in property insurance up to one month after the settlement negotiations end (section 92 VVG), in liability insurance after the claim is accepted or rejected (section 111 VVG). This right applies to the policy with the claim, not automatically to your other policies.
At the end of each insurance period, however, either side may cancel any policy with one to three months' notice (section 11 VVG). An insurer that wants to part ways after many claims can therefore end all policies. With a bundle that hits harder, because you then need to replace everything at once.
Bundling or mixing compared
The decision depends less on the discount than on the quality of each policy.
Criterion
Everything with one insurer
Policies with several insurers
Premium
bundle discount possible
the right price per line
Terms
strengths and weaknesses of one company
the right terms per line
Overview
one portal, one contact
with a broker also one contact
If the insurer ends the relationship
everything new at once
only some policies new
Claim across several lines
less dispute
possible dispute between two companies
One contact without a bundle
You can get the benefit of one contact through a broker as well. A broker must base advice on a sufficient number of insurers and policies (section 60 VVG) and can deliberately bundle contents and building with one company while placing disability cover elsewhere.
Norman Nammert arranges insurance as an insurance broker. The insurer pays the commission, so the service is free for you.
Step by step
List all policies with premium, cover and renewal date.
Check per line whether the terms fit.
Work out the bundle discount in euros, not percent.
Bundle where both terms and discount are right.
Before any cancellation, ask what happens to the discount on the rest.
Checklist
List of all policies ready
Bundle discount known in euros
Terms checked per line
Effect of a single cancellation known
Contact for all policies agreed
Common mistakes
Keeping a weak policy only because of the discount
Believing a claim automatically cancels all policies
Cancelling a bundled policy without knowing the new premium of the rest
Questions and answers
Frequently asked
Is a bundle discount worth it?
Only if the bundled policies would suit you individually as well.
Calculate the discount in euros.
Can I cancel bundled policies separately?
Yes.
The discount on the remaining policies often ends, though.
Does the insurer cancel everything after a claim?
The right to cancel after a claim concerns the policy affected.
At the end of a period it can still cancel any policy with notice.
How do I get one contact without bundling?
Through a broker who looks after policies with several insurers.
