Residential Building Insurance - Which one is recommended?

We have canceled the insurance from the property developer and are currently looking for a new insurance.

I have compared a lot, but find the one from DEVK very interesting (I also already have other insurances there).

We decided on the premium option (because there is no limit for grossly negligent damages) and also chose the coverage for natural hazards (there was no distinction between water, fire, or earthquake).

A new building is insured, and the cost of 200€ per year is very good in comparison.

200€ incl. Elementar sounds almost too good to be true. How large is the house and what value was assumed?

200 per year for all-in would really be a statement. Today I signed up for the XXL insurance at InterRisk. It costs me 316,- per year. So far, the cabin has only about 90 sqm of living space plus laundry room, boiler room, and garage.

You have the house located in NW?

We are in Hessen, new build, 210 sqm living area and 480 sqm plot. Paying at the Sparkassenversicherung in the premium area also about €500 / year without any restrictions. Every year the discount goes down because the house ages. That is their model.

I also consider €200 to be very, very low.

We also have "only" 270 euros/year with the Gothaer WoG Top including elemental damage. New houses are simply cheap to insure.

You have the house located in NW?

Well, we are in Hesse, new build, 210 sqm living space and 480 sqm plot. We pay about €500/year at the Sparkassenversicherung in the premium range without restrictions. Every year the discount decreases because the house ages. That’s their model.

I also think €200 is very very low

No, in Hamburg.
It’s also an older house... (Although I don’t think you meant me... Sorry)