With better coverage and full reimbursement of material damage under fully-comprehensive cover, not surprisingly, the price of insurance in Luxembourg is higher than that of its European neighbours.
It isn’t uncommon to pay 30% to 50% more for an insurance premium in Luxembourg than in France. This is what happened to Delphine when she arrived 8 years ago:
“When I moved to the Grand Duchy, the price of my insurance increased by € 600 a year compared to France. Despite the nasty surprise, I quickly discovered the good side. A few months after moving here, as I was heading home from work, I damaged one side of my car on a pillar in the underground car park. In France, I would have had to pay a deductible to cover the repairs. In Luxembourg, to my great surprise, I didn't have to pay anything! ”