Why student liability insurance?
Liability insurance is also sometimes confused with third-party insurance (WA stands for third-party liability). There is a clear difference so factually this is not correct. If you drive a car, third-party insurance is mandatory. Liability insurance is not mandatory and is separate from driving. If you have liability insurance you are covered for damages to third parties.
Liability insurance mandatory for students?
In the Netherlands it is not mandatory to have liability insurance. But an accident can happen and then you don't want to be faced with unexpected costs. For example, you may accidentally crash into a parked car or knock over a bottle of wine on a fellow student's new couch. In these situations, you are the one who caused material damage. You are liable and the damages can be recovered from you. These are situations where you can appeal to your liability insurance.
Studying abroad; does my insurance cover it?
If you have chosen liability insurance with family coverage, your children living at home and children living away from home for study are often co-insured on your policy. However, is your child going abroad to study or do an internship for a longer period of time? Then it is important to find out to what extent your liability insurance provides coverage. Read more about your coverage abroad here.
Compare liability insurance policies
There are many different liability insurance providers. Where you choose depends on several factors, such as the coverage you want, for example. But also pay close attention to the terms and conditions. These can differ considerably between insurers. Therefore, compare not only the amount of the premium, but also the policy conditions. This way you can choose a liability insurance that best suits your personal situation.
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