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Tuesday, September 8, 2015

The Netherlands: How to be well insured in the Netherlands

Being insured in the Netherlands is seen as common sense. We want to be well insured against a wide variety of situations. Suppose a faulty washing machine floods our apartment (or that of our downstairs neighbours).

What if we accidently spill coffee over a tablet, either our own or somebody else’s? What if our child scratches the neighbours’ car? Maybe our home gets burgled or we hit someone with our car or bicycle. The Dutch know accidents do happen and we want to avoid unpleasant surprises.

Our advice to new arrivals is: ‘Do it like the Dutch’. Then you can rest easy, because we are one of the best insured nations in the world. Eight types of insurance in the Netherlands The average Dutch person has eight different insurance policies. That sounds a lot, but insurance is relatively cheap in the Netherlands and is compulsory in some instances. For example, everybody must have health insurance.

And homeowners must have buildings insurance and car owners need car insurance. In addition, liability insurance and home contents insurance are considered essential and are not expensive. Good liability insurance, for example, costs only a few euros a month. And full home contents insurance is around €10 a month.

Read more: How to be well insured in the Netherlands: in English - DutchNews.nl