New to Luxembourg? Discover the specifics of local insurance: compulsory car insurance, home insurance, health insurance and tailor-made cover. Everything you need to know to get the right insurance in the Grand Duchy!
You recently moved to Luxembourg? A hearty welcome! Now it's time to think about the administrative procedures. Before choosing your future insurer, it is useful to know the specificities of Luxembourg. Here are the main ones.
To begin with, in Luxembourg, only motor-vehicle civil liability is mandatory.
But other insurances will be very useful to you, in particular:
- Home insurance, which in any case is required by the owner in case of rental,
- CASCO, or all-risks, which covers damages to your vehicle,
- Family civil liability, generally offered with home insurance.
You should also be aware that service is one of the main differences compared to your country of origin. Indeed, in Luxembourg, your insurance agent will be much closer to you. Here, they will be at your side, advise you and accompany you when you need it. That is, not just to sell you insurance, but especially in the event of a claim. He will always be by your side.
At first sight, premiums may seem higher. But there are good reasons! In Luxembourg, the deductibles are rather exceptional, claims are better compensated and paid very quickly. So, there is no stress with a Luxembourg insurance.
Finally, in terms of health, the CNS (compulsory insurance) only partially reimburses your medical expenses. It is therefore important to take out supplementary health insurance. In Luxembourg, you are free to choose the one that suits you.
If you wish to be helped in your insurance related procedures, contact LALUX, we will introduce you to an agent who speaks your language and is close to you!
Enjoy your stay in Luxembourg!