Family insurance covers you against third-party liability in your private life. If someone sustains loss, damage or injury as a result of an error or negligence on your part, they may be able to file a claim against you for compensation. In situations like these, your family insurance covers the victim’s expenses.
- You’re at a party strutting your stuff on the dancefloor and accidentally knock a friend’s smartphone off the table, damaging it beyond repair.
- You squeeze between two parked cars with your bike, accidentally leaving a scratch on the door of one of the cars.
- You’ve finally got some time, so you decide to do some long-overdue work in the garden. You decide to cut down a tree, but when you do, it falls the wrong way, destroying your neighbours’ garden fence and furniture.
The basic insurance may not provide sufficient cover for your needs
Be sure to look at the various extensions, such as supplementary insurance for your dog, or legal assistance insurance for a conflict concerning a trip or major purchase.