Top 10 best car insurance companies in Belgium 2023

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Top 10 best car insurance companies in Belgium 2023.
The best car insurance companies ought to be cheap and affordable especially in Belgium given that it’s a mandatory requirement. In our previous post, we covered the 10 largest insurance companies in Belgium. In this article, we shall list the top 10 best car insurance companies in Belgium in 2023.

First, car insurance is compulsory in Belgium as well as insurance coverage for any driver. However, in Belgium, it will only cost you between €50 to €150 per year for the coverage.

Currently, AG Insurance is the biggest insurance company in Belgium that procures both life and non-life insurance, including cars, and supplementary pensions. With a market share of roughly 22%, it is now the best insurance company in Belgium as of 2023.

Secondly, automobile insurance is one of the mandatory insurance policies in Belgium. As such, clients have a big list to choose from, depending on one’s choice of the best car insurance company to sign up with.

Before assigning to any car insurance in Belgium, you should consider several factors. For example, coverage and exclusion, company status, claims procedures, dividends, compensations, as well as ethical credits of the insurer.

Which is the best car insurance company in Belgium?

Currently, the best car insurance companies in Belgium include AXA Car Insurance, KBC car insurance, ING, AG, and Ethias Car Insurance Company.

Cheapest car insurance in Belgium 2023

Cardoen Insurance Company is the most affordable and cheap/cheapest car insurance company in Belgium in 2023 with considerable coverage.

The average cost of car insurance in Belgium

Currently, the average cost of car insurance in Belgium in 2023 is $1,185 per year. Regardless, several factors influence the cost of car insurance in Belgium. For example, the age of the driver, credit score, and driving violations.

According to our findings, we developed a simplified list of the most reliable car insurers in Belgium in terms of insurance rates and premiums. In summary, below is a list of the top 10 best car insurance companies in Belgium in the current year 2023.