Home insurance requirements in the Netherlands differ depending on whether you are a tenant or a homeowner. If you are a homeowner, your mortgage lender will require you to have an insurance policy covering the building, known as an opstalverzekering. If you own an apartment, the owners should have a joint building insurance policy, possibly through the owners’ association. Whether you choose to insure the contents of your home is up to you, although it is recommended and sometimes required under your rental agreement. According to the Insurers’ Association, 96.7% of Dutch people were covered by a home contents insurance policy in 2014.
Some insurance providers may offer additional coverage for particularly valuable pieces such as jewellery, art, or electronics, which must be purchased on top of your home contents policy. Regular home contents insurance policies typically only cover single items up to a fixed value, which is outlined in their terms and conditions. You can adjust this fixed value to ensure that your belongings are adequately covered. Of course this will affect the price of your policy.
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You do not need a separate fire insurance policy, since fire damage is covered by your building insurance and your household contents insurance.
Yes. If you own a property in the Netherlands and are renting it out, building insurance is recommended. In fact, your mortgage lender will usually require it. Aside from building insurance, landlords may consider legal expenses insurance. This will cover you in case your tenants lodge a claim against you. If you are looking to take out building insurance for a rental property, please let your insurance provider know as special terms and conditions may apply. Your tenants will be able to take out their own household contents insurance.
If you are renting a house or an apartment in the Netherlands, you may want to insure your personal property against fire, theft, and other damage. You can do so by taking out household contents insurance. You do not need building insurance.
Most household contents insurance policies do not include out-of-home coverage, but you can purchase special additional coverage for valuable items such as jewellery and laptops that you routinely take with you. The terms and conditions of your policy will outline your exact coverage.
Insurance providers may offer various discounts:
Please check with your insurance provider to find out what discounts you may be entitled to.