Home insurance in Luxembourg: the complete guide
Our home, our shelter, our cozy nest, so many expressions that give us an immediate sense of security. Although house insurance is not mandatory in Luxembourg, it is strongly recommended. Find out here if you are well protected.
Protect yourself against the most common risks
You should protect your home against the most common risks: fire, water damage, theft, climatic hazards, flood, glass breakage, electrical and household damage.
Most insurers offer solutions that cover these risks as a bundle. For example, easyPROTECT Home offers you 3 different customizable formulas according to your needs.
Cover yourself as a tenant and owner
As a tenant, it is important to protect your furniture and fittings. It is not unusual for the owner of a building to require such insurance. In the event of fire caused by you, your insurance will compensate the owner for damage to the building and you for damage to your belongings.
For owners, it is also recommended to take out insurance for buildings that are rented out. Indeed, some risks are the owner’s responsibility, and not the tenant’s: find out well in advance and ask your agent for advice!
Carefully compare insurance offers
Although prices are important, when choosing your insurance you shouldn’t overlook other aspects, e.g., coverage or limits. In the event of a claim, a formula with a low premium can indeed turn out to be more expensive than a formula with a higher premium but a more comprehensive coverage.
Don’t forget to opt for insurance that makes your life easier. With easyPROTECT from LALUX, you combine your main
insurance policies in one contract and have a clear overview of your entire family’s insurance cover. You also benefit from a discount of 50 € per insured home and up to 100 € per car insured with CASCO.
Avoid underinsuring your property
Let your trusted agent assess the value of your property. The sums insured will thus be fixed based on a well-founded estimate and you will avoid any risk of underinsurance in the event of a claim.
Remember to evaluate your furniture
In terms of insurance, furniture is all the furniture present in your home. This includes your real furniture, but also your fitted kitchen, household appliances, decoration, clothes, high-tech appliances, … To ensure that the insured sum corresponds to the actual value of your furniture and to avoid unpleasant surprises in the event of a claim, you should make sure that you appraise all your possessions.
Secure yourself from the start of the construction work
Whether it is a renovation, transformation or construction, their success depends on good preparation. Construction insurance from APROBAT LALUX Assurances effectively protects your site for the duration of the work and up to 10 years after its completion. Regular checks can be carried out by APROBAT specialists to verify that your project is carried out properly. Make sure, however, to take out such insurance well before the start of the work !
Choose a good insurance company
To best insure your home, it is essential to find a company offering comprehensive insurance products tailored to your needs. Trust a company recognized by its customers: several independent studies give objective indications on the appreciation of an insurance company by its policyholders. LALUX Assurances has recently been named the favorite brand in Luxembourg, all sectors combined (KPMG study on the Customer Experience – 2020) and according to an internal satisfaction study, 98 % of customers are satisfied with the management of claims.
Finally, let yourself be accompanied by an agent! He’s the expert and knows all the products. He advises you on the insurance to choose according to your needs and your situation. In the event of a claim, he makes himself available to support you in your procedures and find the first concrete solutions with you.