Insurances

Moving to a new country involves settling into a new way of life, and having the right insurance is a crucial part of that process. In Flanders, certain types of insurance are mandatory, while others are optional but recommended. Here is an introduction to our insurance system, to help protect you, your family, and your assets.

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Navigating our insurance system can be complex, so below are a few tips to help.

Here’s what you need to know about insurances in West Flanders.

Employer-provided insurance

Check with your employer to see what insurance benefits are provided. Many companies offer, e.g., hospitalization insurance, pension contributions, or additional accident coverage, which can supplement your own policies.

Seek professional advice

Insurance agents and brokers can provide guidance on mandatory coverages, recommend additional policies, and help you find the best rates.

Compare policies and providers

There are numerous insurance providers, each offering different types of coverage and rates. It is worth comparing policies from different companies to find the best option for your needs.

Official guidelines

Check this link for official information and guidance on insurance in Belgium.

Home insurance

Home insurance is not legally required, but it may be required by landlords or mortgage lenders, for example. Of course, you might not want to take the risk of having your home or belongings uninsured.

There are several types of home insurance, ranging from basic coverage (such as fire) to comprehensive packages (including theft). Providers include insurance companies as well as banks. Be sure to compare prices and packages before making a decision.

Important note: If you rent a property, fire insurance is in fact legally required.

Car insurance

If you plan to drive in Flanders, then you need to have car insurance. There are several types, from mandatory to optional:

Third-Party Liability Insurance (‘BA-verzekering’): This is the minimum required insurance. It covers damages you cause to other people, their property, or vehicles in an accident. It is illegal to drive a car in Belgium without this insurance.
Comprehensive/partial coverage: While not mandatory, many drivers opt for partial or fully comprehensive insurance. Partial coverage includes protection against theft, fire, and natural disasters, while comprehensive insurance covers damages to your vehicle even if you’re at fault in an accident.
Optional add-ons: These include legal assistance, breakdown assistance, and driver’s insurance (which covers medical costs if the driver is injured). These additional coverages can provide extra peace of mind, especially for those commuting frequently by car.