Adam Riese launches residential building insurance

Adam Riese , the digital brand of Wustenrot & Wurttembergische , is launching a new residential building insurance available through its website, brokers and comparison portals. With the new offering, the company is now counting 6 insurance products (personal liability, legal protection, household insurance, dog owner liability, accident, and residential building liability).

Residential building insurance offers high-performance coverage in three tariff lines, priced according to need and risk, for the main risks such as fire, storm, hail and tap water damage. These differ in their performance characteristics and can be individually adapted by the customer to personal needs. Without choosing additional modules, Adam Riese’s basic cover for residential building insurance starts at EUR 9.10 per month.

The new Adam Riese residential building insurance also includes:

  • unlimited gross negligence insurance,
  • simplified damage assessment of up to 10,000 euros for fast and uncomplicated claims processing,
  • unlimited coverage for damage caused by vandalism in the corresponding tariff
  • no age-related surcharge for older buildings.

“After a damage event, we support planned renovation measures, for example for age-appropriate renovations or energy-efficient modernization. Our residential building insurance covers the additional costs of up to 10,000 euros in the strongest product line. With this philosophy we generate a lot of interest in the market. We are already expecting to break the barrier of 200,000 customers in these days. It is particularly encouraging that our corporate growth is gaining momentum. Adam Riese needed just under 30 months for the first 100,000 customers, and it will now only be 15 months to reach the new number of 200,000 customers.” – Daniel Welzer, Managing Director of Adam Riese GmbH.