Expat Car Insurance
Last updated: 3 September 2014
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"Speak to an expert who understands the local car insurance requirements in the country where you plan to relocate."
For expats moving abroad, one of the first and most important types of insurance considered by many is international motor insurance.
Most standard insurance policies will not cover your vehicle once you leave your country of residence it’s therefore essential that you purchase a car insurance policy which provides coverage for the entire time you are abroad.
Speak to an expert who understands the local car insurance requirements in the country where you plan to relocate. It might be possible for you to purchase primary liability coverage from a local provider, and then obtain and excess liability policy from an international insurer.
The expert will also be able to help you understand the local regulations and who will support you if you have a dispute with a local insurance provider. With an international car insurance policy provider, this risk may be negated.
Local vs international expat car insurance polices
As with car insurance policies in the UK, you will often have a choice as to whether your policy is comprehensive, third party or excess. Often if you choose a local policy, you may wish to extend it further with an international policy.
One benefit to choosing an international car insurance policy rather than a local policy is the ease and effectiveness with which you can raise a claim. If you’re unsure about how much of a headache it will be to make a claim, speak to an expert who will talk you through the differences with local and international insurance. For example, you may require local adjusters which lead to waiting periods which can delay your claim.
Finally, when choosing a car insurance policy ensure that you are able to read and understand it fully. One major example of an international car insurance policy is that it is written in English, and not a foreign language so nothing will get lost in translation.