Mandatory: Third-party liability insurance is required by law for all vehicles registered in the Netherlands. It covers damages caused to others (third parties) in accidents where the insured driver is at fault.
Coverage: Includes bodily injury and property damage suffered by third parties. It does not cover damage to your own vehicle or personal injuries.
Additional Coverage Options (Casco Verzekering):
Limited Casco (Beperkt Casco): Provides coverage for damage to your vehicle caused by specific events, such as theft, fire, vandalism, or natural disasters. It also covers windshield damage.
Comprehensive Casco (Volledig Casco or All-Risk): Offers the most extensive coverage, including damage to your vehicle due to accidents, collisions, and other unforeseen events. It covers both third-party liability and damage to your own vehicle.
Key Considerations:
Premiums: Insurance premiums vary based on factors such as the insured vehicle’s make, model, age, usage, the driver’s age and experience, and the chosen coverage level.
Deductibles (Eigen Risico): Some policies include deductibles, where you pay a portion of the repair costs in case of a claim. Higher deductibles can lower your premiums.
No-Claim Discount (No-claimkorting): Insurers offer discounts for claim-free years. The longer you go without making a claim, the higher the discount on your premiums.
Policy Exclusions: Review policy terms for exclusions, such as driving under the influence of alcohol or drugs, intentional damage, or using the vehicle for unauthorized purposes.
Purchasing Car Insurance:
Insurance Companies: Numerous insurance companies in the Netherlands offer car insurance. Compare quotes and coverage options from multiple insurers to find the best policy for your needs.
Online Comparisons: Use comparison websites or consult with insurance brokers to compare premiums, coverage levels, and policy terms from different providers.
Documents Required:
Vehicle Registration: Proof of vehicle registration (kentekenbewijs) is required to purchase car insurance.
Personal Identification: Identification documents such as passport or ID card.
Driving License: Valid driver’s license is necessary to drive and insure a vehicle in the Netherlands.
Renewal and Claims:
Renewal: Car insurance policies typically renew annually. Review your policy terms and consider updating coverage levels based on changes in your circumstances or vehicle status.
Claims Process: In case of an accident or damage, promptly notify your insurance company. Follow their guidelines for filing a claim, providing necessary documentation, and coordinating repairs.
