Updated September 28, 2026 · AssureCue Editorial Team
GEV Grundeigentümer Versicherung vs Income Insurance
Where GEV Grundeigentümer Versicherung and Income Insurance differ
| Compare |  GEV Grundeigentümer Versicherung |  Income Insurance |
|---|---|---|
| Premium from | €4.85 | SGD 0.60 |
| Insurance types | Home, Renters, Landlord | Auto, Home, Life, Health, Travel, Pet, Motorcycle |
| Excess from | €250 | SGD 250 |
| Claims channels | Phone, Online form | Phone, Email, Online form, Mobile app, Customer portal |
| Monthly payments | Yes | Not confirmed |
| Cover limit | Not confirmed | S$8,500 - S$27,000 maximum annual coverage per policy year (Happy Tails Pet Insurance) |
| Age range | Not confirmed | Pet insured must be at least 16 weeks old and below 9 years old at policy start |
Same on both: Provider type (Insurer).
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Key differences
- Income Insurance scores higher overall: 9.4 vs 9.2.
- Founded is lower at GEV Grundeigentümer Versicherung: 1891 vs 1970.
- Insurance types: only GEV Grundeigentümer Versicherung offers Renters, Landlord.
- Insurance types: only Income Insurance offers Auto, Life, Health.
- Claims channels: only GEV Grundeigentümer Versicherung offers Online form.
- Claims channels: only Income Insurance offers Email, Online form, Mobile app.
Our verdict on each
GEV Grundeigentümer Versicherung
GEV Grundeigentümer Versicherung is a German mutual insurer for property, so homeowners, tenants and landlords deal with the underwriter directly. It suits people insuring a home, a rented flat or a let building who want cover from a provider trading since 1891 on monthly payments.
Income Insurance
Income Insurance suits anyone who wants a single insurer to hold several personal policies from a company based in Singapore, and it scores 5.6 here. On entry price it ranks 24 of 252 brands, so get a quote on your own details before committing to any plan.
Score breakdown
| Area | GEV Grundeigentümer Versicherung | Income Insurance |
|---|---|---|
| Cost | 8.9 | 9.1HigherPremiums from SGD 0.60 sit below the site median of €8.37, while the pet excess starts at SGD 250. |
| Offer | 8.8 | 9.6Higher |
| Trust | 9.7Higher | 9.5 |
What we checked
GEV Grundeigentümer Versicherung
- gev-versicherung.de: 12 facts, checked September 26, 2026
Income Insurance
- income.com.sg: 12 facts, checked September 26, 2026
How they place
| Ranking | GEV Grundeigentümer Versicherung | Income Insurance |
|---|---|---|
| Home insurance | 14 of 272 | 7 of 272 |
Every fact side by side
| Fact | GEV Grundeigentümer Versicherung | Income Insurance |
|---|---|---|
| Audience | Seniors | Seniors |
| Pricing model | Monthly | Not confirmed |
| Legal entity | Grundeigentümer-Versicherung, Versicherungsverein auf Gegenseitigkeit (VVaG) | Income Insurance Limited |
| Headquarters | Germany | Singapore |
| Founded | 1891Lower | 1970 |
| Support channels | Email, Phone, Help centre | Phone, Email, Help centre |
Business insurance
| Fact | GEV Grundeigentümer Versicherung | Income Insurance |
|---|---|---|
| Cover types | Not confirmed | Professional indemnity |
Pros and cons
GEV Grundeigentümer Versicherung
Pros
- It carries its own risk as an insurer, insurer, and operates as a mutual association, so policyholders share the risk they cover.
- A single provider covers home, renters and landlord policies, home, renters and landlord.
- Premiums can be spread monthly, monthly, which suits income arriving across the year.
Cons
- The building excess starts at €250, so the insurer's payout is reduced on every claim.
- Support runs on email, phone and help centre only, with no chat or community channel.
- The stated audience is seniors, seniors, so the range is aimed at older property owners.
Income Insurance
Pros
- A single insurer for the lot: auto, home and life and professional indemnity can sit with the same company, so personal and trade policies need not be split across providers.
- Claim handling runs through phone, email and online form, so you can start a claim by whichever route suits the moment, from a form to a call.
- Support is listed as phone, email and help centre, so a quote or renewal question has a phone line, an inbox and a help centre behind it.
Cons
- The pet excess starts at SGD 250, so a routine claim still leaves that amount with you before the insurer pays anything.
- The pet age range rules older animals out: the pet must be above a minimum age and below a maximum age at the policy start.
- The pet cover limit moves through a fixed annual range under Happy Tails Pet Insurance rather than a single high ceiling, so a costly year at the vet can outrun the policy.
Who each suits
GEV Grundeigentümer Versicherung
Who it suits
- Older German homeowners who would rather insure with a mutual association than go through a broker.
- Landlords letting out a building, since landlord cover sits alongside home and renters cover from the same insurer.
- Anyone who prefers spreading the premium monthly rather than settling it in a lump.
Who should look elsewhere
- Hiscox UK, whose list also runs to auto and home emergency, home, renters and landlord, for a household with a car as well as a property.
- Good Sam Insurance Agency, which sells life, health, travel, pet and motorcycle alongside property, auto, home and renters.
- Euroasia Insurance, whose starting premium of UZS 60,000 sits in a different market, for readers comparing across regions.
Income Insurance
Who it suits
- Anyone who wants their auto, home and life cover gathered under a single insurer rather than split across providers.
- Seniors, named as an audience on seniors, and households that still want a phone line on phone, email and help centre.
- Pet owners whose animal sits inside the age window and whose yearly vet bills stay under the pet cover limit.
Who should look elsewhere
- Anyone chasing the lowest entry figure on its own: bunq starts at €0, which is the number to weigh before settling on Income Insurance.
- Renters who need contents-only cover, since Good Sam Insurance Agency lists auto, home and renters and that line is missing from auto, home and life.
- Pet owners with older animals or very large veterinary bills, who are better served by a pet-focused insurer than by Income Insurance.
Current offers
GEV Grundeigentümer Versicherung
Current offer
Discount code
Kombirabatt 25% auf Hausratversicherung: 25%
Requires holding or taking out a Wohngebäudeversicherung with GEV at the same time
Source, checked September 26, 2026
Discount code
Haus & Grund Mitgliederrabatt: 10%
Members of Haus & Grund, registered with the GEV
Source, checked September 26, 2026
Income Insurance
Current offer
Discount code
Up to 20% off + 188,000 STAR$ on Domestic Helper Insurance: up to 20% off + 188,000 STAR$
Promo code GDH188 at checkout for qualifying policies purchased via Income Insurance website or My Income app
Source, checked September 26, 2026
Bonus
Up to 8% cashback on first-year premium for Complete Life Secure: up to 8% cashback on first-year premium
Purchase of an eligible Complete Life Secure plan, with Early Critical Secure rider
Source, checked September 26, 2026
Country by country
| Country | GEV Grundeigentümer Versicherung | Income Insurance |
|---|---|---|
| Germany | Yes | No |
| Singapore | No | Yes |
Questions about each
GEV Grundeigentümer Versicherung
What does GEV Grundeigentümer Versicherung insure?+
It writes property lines for home, renters and landlords, home, renters and landlord. That mix suits an owner who wants the building, the flat and a let property handled by the same underwriter, and GEV is an insurer, insurer, so the risk sits with the company that pays the claim.
How much does the cover cost?+
Premiums start at €4.85 for building cover, against a site median of €8.37. On price the brand sits at 90 out of 252 brands, and its cost part of the score is 3.9 out of 3.9 overall. The final figure depends on the property and the cover chosen.
Income Insurance
How much does cover start at?+
Premiums begin at SGD 0.60. That is the entry figure across Income Insurance products and a starting point rather than a quote for your own situation. The cover you pick and the details you give shape the price you are offered, so read it as the entry point of the range, not the amount you are likely to pay.
Is there an excess to pay on a claim?+
On Happy Tails Pet Insurance, the excess starts at SGD 250. The excess is the part of a claim you cover yourself before the insurer pays the rest. A lower excess is gentler on a routine vet visit, while a higher starting excess keeps the premium smaller. Picture a normal appointment and check that the amount you would pay alone still feels comfortable.
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