Insurance - Which are recommended?

Insurances: Which are recommended?

We recommend taking out liability insurance and household insurance.

Basically, liability insurance covers the cost of damage to the property of others caused by an insured person.
Homeowner's insurance, on the other hand, comes into play in the event of accidents involving water, short circuits, fire or the like in your living space, or in the event of a burglary.
The cost of damage to your furnishings and items in your home will then be borne by your insurance company.
The restrictions of the insurance companies apply, we recommend to read them carefully.
Please also check beforehand if there is any insurance coverage by your parents.