Which car insurance policy?

Insure your car all-risk, limited-casualty or third-party? When you buy a car, you need to think about this carefully and weigh up the risks. In this article, we explain the general differences, we write "general" on purpose because different conditions apply between providers. There are also various additional coverages you can choose. In the end, of course, it is also a matter of feeling, if you don't want to run any risk then all-risk car insurance is obviously better for your peace of mind. In this article, a brief explanation of the car insurance and additional covers.

All-risk, limited casco or third-party

The exact name depends on the insurer and so do the conditions. However, there are similarities between different providers.

• The Third-party insurance is the most basic insurance and covers damage to others and provides assistance in case of damage.
• Limited casco covers more damage, besides damage to others, consider fire and explosion damage, burglary and theft, storm/hail and flood damage, animal damage and windscreen damage. This is a frequently chosen insurance policy.
• The name all risk says it, all risk will be covered. The main difference between all risk car insurance and limited casco is that an insurer will also cover collision damage in case you are at fault in an accident. Vandalism will also be covered which is not the case with limited casco. But to be sure if this is also the case with your insurer of choice, we always refer you to the insurer for more info!

What about additional coverages?

Most insaas also offer supplementary packages. coverages. Consider the following options:

• Roadside assistance insurance so you get replacement transport or a repair arranged in case of a breakdown. This is often valid throughout Europe.
• Passenger insurance that also covers your fellow passengers and belongings in case of injury and damage.
• Traffic legal assistance where you get legal and expert help in traffic disputes.
• Renewal of, for example, the new-value or purchase value. This is especially important when buying a new car, for example, if your new car is stolen in the first 3 years then the insurance will cover the purchase of a new equivalent car.

When do you choose which insurance?

First of all, everyone has to decide this for themselves, but there are of course guidelines. Most people insure a new car for the first six years all-risk. This is because the purchase value and daily value are high and repairing or replacing a damage or vehicle is expensive. After 6 years, it becomes a different story, because cars depreciate quickly. In that case, you can opt for limited hull insurance, for instance. Of course, make sure you have a buffer to be able to replace or repair the car in case of an accident due to fault.

As mentioned, all insurance types have different conditions, designations and additional cover. What suits you best can vary from one situation to another. Be well informed and get well insured on the road!