Choosing the right insurance provider in Germany can be tricky with so many options to pick from. To make things easier, we’ve researched and ranked the top German insurance companies for 2024 based on their policy offerings, pricing, financial strength, and customer satisfaction ratings. Whether you’re looking for car, health, life, home, or specialty insurance, read on for our picks of the carriers likely to offer you the best coverage at competitive rates next year.
1. Allianz
Allianz – The Leading Insurer in Germany for Over 125 Years
Allianz is Germany’s biggest and most established insurance carrier, tracing its origins back to 1890 in Berlin. Today, it insures over 26 million customers across property & casualty, health and life insurance segments.
As the largest property and casualty insurer in Germany, Allianz policies safeguard everything from homes, automobiles and businesses to bank accounts and pets. Key policy perks include identity fraud protection, climate change coverage and cybersecurity services.
In health insurance, Allianz offers customized plans tailored to needs like international health coverage. Allianz also leads in value-added digital health services like free wellness apps, virtual doctor visits and fitness trackers.
Type: Public company
Founded: 1886
Headquarters: Munich, Germany
Products: Life insurance, health insurance, property insurance, casualty insurance, and more
Market share: Largest insurance company in Germany and one of the largest in the world
