France Insurance, Insurance in France

France Insurance, Insurance in France

Purchasing insurance in France is much like the process for any country.  You would need to work with a reputable insurance company, have some idea as to the type of coverage needed, and have the ability to review several quotes to understand the details of the policy and premiums.  From there, you would choose the policy that fits your needs and sign a contract with the insurer.

The great thing about France insurance is that the market is quite diverse.  In fact, if you were looking for a wide selection of insurance companies in France, you would have no problem.  When looking at the primary companies, you would discover they all have umbrella policies but in addition, you could choose just the type of coverage wanted if preferred.

Take automobile insurance for instance.  For this type of France insurance you would be mandated to have coverage.  This type of insurance requirement applies to owning or just renting a vehicle in France.  As far as coverage, you would need a policy for civil liability at minimum but in addition, if school-aged children travel in the vehicle, then additional coverage called assurance scolaire is also required.

Another policy purchased through insurance companies in France is for health.  Permanent residents have health coverage through the state system, which is also mandated for anyone that lives in France.  In addition, if you had coverage through Social Security but it did not cover everything, you could also choose a private policy for France insurance, which would pick up the slack.

Another important piece of information for France insurance is that if you work for one of the larger corporations or institutions in this country.  Sometimes the company will have an agreement with a specific insurer, which might lead to you paying lower premiums.  If not, you would need to talk to a representative at one of the insurance companies in France that offers individual coverage.  By taking time to shop around, you would have no problem coming up with competitive quotes for coverage and premiums/

Another requirement for France insurance is that you need to have home insurance.  Just as with automobile insurance, home coverage would apply whether owning or renting.  In fact, in both cases, you would not be able to move into the residence until the seller, lender, or property owner has a copy of the finalized policy.  The type of coverage needed for France insurance covering the home includes fire and water, as well as risk for accidental damage.

In most cases, insurance companies in France would sell comprehensive coverage, which would also cover theft although this is sometimes an additional policy.  To purchase this type of France insurance, certain information would be required by the insurer.  For instance, the insurance company would need to know the total square meters of the home.  Keep in mind that usually, the policy would be provided without an agent needing to walk through the property.  In addition, while fire alarm systems are always recommended, to get home coverage in this country, they are not mandated.

Whether buying health, home, or automobile coverage through any of the insurance companies in France, it is essential that you read the fine print.  Sometimes, special information will be listed pertaining to risks of weather so you need to know exactly what is covered, as well as the amount of protection the policy provides.  Unfortunately, France has experienced some devastation pertaining to weather so understanding this information in the France insurance policy is critical.