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How renting technology in Germany can save you money

Dealing with old tablets, laptops, computer mice and chargers that you don’t know what to do with? You’re not alone - across Germany and Austria, hundreds of thousands of expats carry the accumulated ‘tech junk’ of the last few years with them.

How renting technology in Germany can save you money
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Together with tech subscription company Grover, we look at how you can break the ‘tech junk’ cycle and still enjoy all of the gadgets you want.

Whatever your interests, whatever you do, we’re surrounded by technology. Whether it’s an interest in photography, gaming or flying a drone, that technology accumulates, as gadgets become obsolete. That’s not including the cables, chargers and other bits of kit that come with any tech purchase, as well the innumerable boxes, bags and wrapping!

Ready to use technology in a more mindful way? Rent for three months and receive 90% your first month by using the discount code THELOCAL90 on the German or Austrian site

A load of old junk

It’s not like you can simply throw them away either. Germany and Austria both have very particular regulations when it comes to the disposal of electronic waste, as many of the materials used are only recyclable under certain conditions, or pose an environmental hazard, such as rechargeable batteries. The German Umwelt Bundesamt, or Federal Environmental Office has estimated that each of us produces around nine and a half kilograms of ‘tech waste’ each year, and this deadweight just sits there and accumulates dust, taking up space around us and not giving us the satisfaction it could.

You could donate these goods to charitable organizations, but most of the time, they don’t have the need for such obsolete technology and you would only be shifting the burden to someone else. You could sell your old gadgets via an internet site like Ebay Kleinanzeigen, but this can often cost you more money than you would realistically make, when you factor in all the steps needed to list an item and make a sale.

Stay up to date and reduce ‘tech waste’ – rent for three months and receive 90% off your first month by using the discount code THELOCAL90. Click here if you’re in Germany, or here if you’re in Austria

Photo: Grover

Better living through (flexible) technology

Keen to clear your ‘tech junk’ drawer and find a way to enjoy all the different technology you want? This is what makes Grover such an exciting arrival on the scene. The German startup from Berlin has introduced flexible renting of technology across Germany and Austria, with over one hundred fifty thousand active subscriptions running on the platform thus far and growing. In fact, renting through Grover has been introduced at Saturn and Mediamarkt branches across Germany.

For a reasonable payment each month, you can choose to rent a phone, laptop, gaming console or other gadget. At the end of your chosen rental plan, you can either opt to send it back for an upgrade, a different product or you can buy it outright, making it your own forever.

This flexible renting model has significant benefits for users, and especially international expats. Renting on a per month basis often works out cheaper than buying a device outright that you’ll inevitably stop using at some point, and means that a device can be returned when you choose to go home, rather than take something that may not work or take up space in your luggage.

Renting and usage-based consumption are also mindful and far-sighted financial choices that allow us all to keep up to date with our preferred technology, and to stop paying for that technology when we no longer use it. This helps prevent impulse buys that leave us out of pocket and lugging around yet more useless cables and batteries.

Want to try out some more tech? Don’t buy and saddle yourself with more ‘tech waste’. Rent flexibly through Grover and save money and space. Use voucher code THELOCAL90 to receive 90% off your first month, when you rent for three months on either the German or Austrian sites. 

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LIVING IN AUSTRIA

‘Haushaltsversicherung’: How does Austria’s home insurance work?

'Haushaltsversicherung' is one of Austria's most popular types of insurance. It is not mandatory, but it is certainly worth evaluating, especially as it comes with many possible add-ons.

'Haushaltsversicherung': How does Austria's home insurance work?

Austrians are certainly obsessed with insurance coverage, and one of the most popular and common ones is known as the “Haushaltsversicherung”—if you don’t have it already, you have certainly heard of it. Here’s what you need to know about household insurance.

Firstly, this insurance covers damages to “all movable objects within your own four walls,” as Austria’s Chamber of Labour (AK) explains. This includes furniture, carpets, and electrical appliances. It would also cover damages caused by fire, storms, water, burglary, and glass breakage. 

Certain types of insurance, such as private liability insurance or mandatory dog liability insurance, are almost always combined with household insurance—another reason why the Haushaltsversicherung is so popular in Austria.

READ ALSO: What kind of insurance do I need to have in Austria?

However, there are enormous differences in premiums and benefits, so experts suggest you check precisely what you need before taking out insurance. The AK also says you should talk to an insurance advisor to learn more about your specific case and needs, particularly if you have any valuables in your home. 

Additionally, they said: “It makes sense to check your policy every few years to ensure that you are properly insured. This guarantees that the sums insured and the risks included are up-to-date and sufficient”.

What should I keep an eye on when reviewing policies?

Of course, different companies have their own offers, and they are often highly customisable to fit your apartment and lifestyle—some things you need to be aware of, though.

Certain policies are tied to the size of your apartment, while others will have a lump sum regardless of the size of your place. Policies also usually differ depending on whether you live in an apartment or a house. 

While most insurance will cover glass breakage (such as when a hail storm breaks your window, for example), some might have it as an add-on (wahlweise mit Glasbruch). 

You may also add other types of insurance to your household insurance, the most common being mandatory dog liability insurance (Hunde-Haftpflicht), legal insurance (Straf-Rechtsschutz), and sports insurance.

READ ALSO: Should I take out insurance before skiing in Austria?

It’s worth it to read each policy, but you should know some common clauses beforehand. For example, insurance often won’t cover burglary costs if your house has not been properly secured and locked. This might seem obvious, but since door knobs don’t open from the outside without the key, people often leave their homes, especially for short errands, and don’t lock the doors all the way. Insurance and safety experts recommend you get in the habit of locking your home doors.

It’s also important to check if your insurance will pay you “Neuwert” or “Zeitwert” in case of damage. 

A Neuwert means the insurance will pay for a replacement object, regardless of how old the stolen or broken one was. However, many insurance policies still contain the so-called “Zeitwert”, something like “current value”, so you wouldn’t receive an amount that could pay for a new product. Instead, a loss of value of around 10 percent per year could be expected for most objects.

What should I do if there is damage to my home?

If you see any damage to your home from burglary, accident or other types, you need to notify your insurer immediately and report the damage you have suffered. 

The insurance conditions usually stipulate a maximum period of three days for reporting a claim in property insurance. The Chamber of Labour also recommends that you send a written notification of the claim (preferably by registered mail, they add).

“Make a list of all items that have been destroyed or lost and enclose it with your report to both the insurer and the security authorities”, they said. And, of course, in the event of fire burglary or robbery, always inform the fire department or police authorities.

READ ALSO: EXPLAINED: The Austrian insurance for if you get sued – or want to sue someone

How long does the insurance last, and how much does it cost?

The insurance term is usually specified in the counteract. In general, though, you can terminate it after the third year with one month’s notice if the contract has not already expired.

If you move house or move abroad, you can terminate your household insurance contract. You can cancel the insurance the day before the move begins (preferably by registered letter).

If you do not exercise your right of termination, the insurance will remain valid during the move and in the new home.

Regarding prices, they can be as low as a few euros a month (such as insurance specifically tailored to students living in shared flats) to several hundred a month if you have a large place with plenty of valuables or include several add-ons. 

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