Car insurance

Insurance

When the driver fills an insurance claim, the insurance allows him to take advantage of the assistance. The service, usually financial can be given to an individual, an association or a company in exchange for a contribution or premium.

All risk car insurance

This insurance gives you the right to every option. If you are responsible for an accident or not, it also guarantees full compensation not only for others, but also for yourself and your car.

Insurance contract

An insurance contract is an agreement between an insurer and an insured that defines the rights and obligations of each party. The subscription to an insurance contract can be made either with an insurance company, a bank, an underwriter or a general insurance agent.

What is a car insurance?

The law requires all motorists to be insured under what is often referred to as “civil liability” (RC). This insurance covers the liability of the drivers.

In case of accident where you are responsible for it, it covers material and physical damage caused to victims but does not cover your own injuries or material damage caused to your vehicle.

Fully comprehensive insurance

Comprehensive insurance covers all damage caused to the vehicle as a result of an accident, fire, theft or vandalism or glass breakage.

Legal protection insurance

Legal protection insurance covers legal costs and provides the insured with legal assistance and advice.

Insurance regulations

The Insurance regulations includes all laws and regulations concerning insurance companies and relations between insurers and insured persons.

Third party insurance

Third party insurance car or motorcycle insurance is the mandatory legal minimum insurance. It covers all material and physical damage that a driver may cause to others.

Terminate your car insurance

The Hamon law, relating to car, home and motorcycle insurance, came into effect on January 2015. It allows all insured persons to terminate their insurance contract after one year of subscription. Here are some steps to follow and special cases of car insurance termination:

Find a new insurer.

Take out a contract with a new insurer.

Old contract is breaking off and the new one begins.

In case of a house move.

In case of car sale

In case of destruction or a car crash

What is deductible?

Simple deductible

If the price of the damage is less than the deductible specified in the contract, all costs are the insured’s responsibility.

Absolute deductible

Regarding the absolute deductible, the motor insurer pays a fixed indemnity for the deductible that remains at the expense of the insured.

Kilometre deductible

The kilometre deductible is part of the assistance guarantee. It indicates the threshold kilometre from which assistance comes into effect.