Basic cover
The main perils
The core of any homeowners insurance: damage to walls, roof and permanently installed systems is covered.
- Fire, lightning and explosion
- Tap water and burst pipes
- Storm from wind force 8 and hail
← Property & liability insurance · Homeowners insurance
Property & liability insurance · Homeowners Optimal XXL
Your house is your biggest asset. Properly protected.
A fire, a burst pipe inside the wall, a roof stripped by the storm: damage to a house quickly runs into the tens of thousands. Generali's Optimal XXL homeowners (building) insurance rebuilds your house at index-linked replacement value. With all-risks cover, even for minor storms and clumsy handling. Planned personally with you.
Index-linked replacement value
Optimal XXL all-risks
Renewable energy included
01 · The risk
Damage to a house quickly becomes existential.
No other purchase in life is as valuable as your own home. That is exactly why damage to the building fabric weighs so heavily: a burst pipe in the wall, a storm over the roof or water in the basement can drive the rebuild into the tens of thousands.
New value
Generali rebuilds your house on an index-linked basis, with a waiver of underinsurance. So your protection stays seamless even as building costs rise.
100 €
deductible is all you keep with Optimal XXL all-risks cover; the rest is covered.
ZÜRS
By hazard class you can add natural-hazards cover, for heavy rain, flooding and more.
Important: in the Optimal variant, Generali waives any reduction for gross negligence and pays 100 %.
02 · The benefits
Cover that protects your house completely.
Generali's homeowners insurance protects the building fabric and everything permanently attached to the house. You choose which perils and extras fit your building.
Optimal XXL
The all-risks cover
Everything that isn't explicitly excluded is insured. Even what classic tariffs fail to cover.
- Storm damage even below wind force 8
- Vandalism, animal bites, clumsy handling
- Deductible of only 100 €
Optional
Natural-hazards cover
Heavy rain and flooding are on the rise and no longer hit only houses by the river. The natural-hazards module closes the gap.
- Flooding and heavy rain
- Backwater from the sewer system
- Earthquakes, snow load and avalanches
Energy
PV, heat pump & wallbox
If you invest in renewable energy, you want it protected too. In the Optimal cover, it's included.
- EV charging station on the house
- Photovoltaics and solar thermal
- Heat pump on or in the building
Included
Outbuildings & grounds
Garage, garden shed and whatever stands around the house are part of the cover too.
- Outbuildings up to 50 sqm at no extra cost
- Site features such as fences and hedges
- Tree clearance costs up to 5.000 €
Optimal
No cut for gross negligence
A moment of carelessness shouldn't cost you your cover. Generali pays in full even then.
- Full payout instead of a percentage
- For instance, a tap left running
- Index-linked replacement value with waiver of underinsurance
03 · Example claims
What it means in practice, on the building.
Example claims. They show what you would have to pay yourself without cover, and how Generali steps in for the same case.
Tap water
Burst pipe in the wall
Soaked masonry, torn-open wallStructural damage
Without building cover you payeverything yourself
With Generalireplaced at new value
Storm
Storm strips the roof
Torn-off tiles, water in the roof trussStorm damage
Without building cover you payeverything yourself
With Generalireplaced at new value
Natural hazards
Heavy rain floods the basement
Flooded rooms, ruined building servicesWater damage
Without natural-hazards cover you payeverything yourself
With natural-hazards coverreplaced at new value
Optimal XXL
Woodpecker and marten in the insulation
Destroyed insulation, damaged facadeAnimal damage
Without all-risks cover you payeverything yourself
With Optimal XXLonly 100 € deductible
04 · Index-linked value & Optimal XXL
Built right today, protected right tomorrow.
Two guarantees that make the difference
Index-linked replacement value adjusts your sum insured automatically to rising building and labor costs. Together with the waiver of underinsurance, that means: a claim is never underpaid. Optimal XXL adds an all-risks layer on top that also applies to minor storms, animal bites and clumsy handling.
This cover is also part of Generali's Vermögenssicherungspolice (all-in-one property & liability policy), which bundles several lines of insurance in one contract and, depending on the modules, earns up to 25 % customer bonus.
- Index-linked replacement value with waiver of underinsurance
- All-risks cover instead of a long list of perils
- Deductible of only 100 € with Optimal XXL
- No cut for gross negligence
05 · Who it's for
When building cover pays off most.
Homeowners
If you live in your own house, you bear every structural loss alone. Index-linked replacement value makes sure the rebuild is covered even when costs have risen.
Landlords
In a single- or two-family house you rent out, a lot of capital sits in the building. Well-thought-out cover keeps your investment stable even in a claim.
Builders and buyers
If you build or buy, you should set up the cover correctly from the start, including PV, heat pump and natural hazards based on location.
06 · Frequently asked questions
Explained briefly, without the fine print.
Do I need natural-hazards cover?
The basic cover includes fire, tap water, storm and hail, but not flooding, backwater, earthquakes or snow load. Heavy rain in particular is becoming more common and can hit houses far from any river. The optional natural-hazards module closes this gap; the deductible depends on the ZÜRS hazard class of your location.
What is index-linked replacement value?
With index-linked replacement value, your house is permanently insured at the current rebuilding cost. The sum insured adjusts automatically to building and labor costs. Together with the waiver of underinsurance, this ensures that a claim is never underpaid, no matter how much building costs have risen.
Are PV and heat pumps included?
Yes. In the Optimal variant, photovoltaics, solar thermal systems and heat pumps on or in the building are included, as are EV charging stations. That way your investments in renewable energy belong to the building cover too.
Does it always cover storm?
The basic cover pays for storm from wind force 8. With Optimal XXL all-risks cover, damage below wind force 8 is also insured, plus vandalism, animal bites and clumsy handling. The deductible is then only 100 €.
What does it cost?
The premium depends on living area, year of construction, fittings, location and chosen modules such as natural hazards, so there is no flat rate. In a free initial consultation we work out the cover for your house individually.
Your next step
Which cover fits your house?
We go through your building calmly and put together exactly the modules you really need. Free of charge, without obligation, in person in Lüdenscheid or via video.
Example benefits and claims scenarios (as of 2026), simplified and rounded. Solely the insurance terms and tariffs of Generali Deutschland Versicherung AG are authoritative. Your specific coverage is defined by your insurance policy. Eduard Strekert is a financial advisor for Deutsche Vermögensberatung AG (DVAG), tied agent, and acts as an insurance intermediary under Sec. 34d GewO (German Trade Regulation). This page is non-binding information and does not replace individual advice.