ABN AMRO’s car insurance lets you decide exactly how your car is insured. Third-party liability cover is mandatory, but apart from that you can choose the cover that is right for you. You only pay for what you choose, and if you change your mind, you have the option of updating your insurance any day.
ABN AMRO’s car insurance (third-party liability option) provides third-party liability cover in the event of damage caused to others by your car. This cover is mandatory for all car owners.
To find out more about the different types of car insurance cover, check the car insurance terms and conditions.
If you took out ABN AMRO's car insurance before 4 December 2017, your policy and its terms and conditions (in Dutch) will be a little different.
Take a look at our useful list of the differences (in Dutch) between the old and new car insurance policies.
Switching from your current car insurance policy to the new one could not be easier. Simply call our advisers at the Contact Centre on 0900 – 00 24 (usual call charges apply). They would be happy to help you.
ABN AMRO’s car insurance covers the car you purchase as a private individual or self-employed professional. Premiums for our car insurance are debited from your ABN AMRO current account.
If you are not an ABN AMRO customer, you can simply open an account using your smartphone.
We also have a business car insurance policy for vans used for professional purposes. This not only covers the van itself, but also its contents (e.g. tools) and/or framework and lettering, if you choose the relevant options. If you use your private car for business purposes or to transport goods and/or people in return for payment, this policy is not appropriate for you. You will need to insure your car for business purposes instead. If you are self-employed, you can also insure your car exclusive of VAT. Any claims you make are also paid out exclusive of VAT.
ABN AMRO’s car insurance covers damage to third parties caused by your car. This is called third-party liability and is mandatory for all car owners.
In addition, you can:
Replacement value scheme (third-party liability + limited cover or third-party liability + comprehensive cover)
In the event of total loss, theft or a claim for more than two thirds of the replacement value, you will receive your car's replacement value as long as:
Purchase value scheme (third-party liability + limited cover or third-party liability + comprehensive cover)
In the event of total loss, theft or a claim for more than two thirds of the replacement value, you will receive your car's purchase value as long as:
You can renew the replacement value or purchase value scheme by 1 or 2 years if the car is less than 1 year old or during the first renewal year. The replacement value scheme is only available if you have taken out either third-party liability insurance with limited cover or third-party liability insurance with comprehensive cover.
Cover against damage suffered by passengers
This covers both physical and material injury to you and your passengers, suffered as a result of an accident involving your car. This includes, for example, damage to personal property, permanent disability or occupational disability, regardless of who is at fault. Damage is covered up to a maximum of €1,000,000 per incident.
Cover against damage suffered by passengers - terms and conditions
Cover against car passenger accidents
This product pays out up to €20,000 per seat in the event of permanent disability or €7,500 per seat in the event of death, for up to a maximum of 8 passengers.
Car passenger accidents terms and conditions
Car legal expenses
This product covers legal expenses in the event of a dispute or if a dispute seems likely to arise in connection with your car, for example, if there is a difference of opinion as to who is at fault in the event of an accident. You are also covered for legal expenses if someone else causes damage to you and/or your car, for example, if it is unclear who is at fault or if you want to recover the costs from another party. You are also covered in the event of a dispute with your brand dealer or BOVAG-affiliated garage.
Car legal expenses terms and conditions
Breakdown assistance in the Netherlands (including your place of residence)
This product covers roadside assistance if your car can no longer be driven due to a technical or electronic fault.
Breakdown assistance can involve repairing simple defects, towing your car to a garage and appropriate transport if repairs are not possible.
If your car breaks down in the middle of a journey and cannot be repaired at the place where it broke down, you will receive a courtesy car within 2 hours (95% of cases based on figures from March/April 2017).
Breakdown assistance abroad
This product covers roadside assistance abroad if your car can no longer be driven due to a technical or electronic fault.
If the driver is unable to drive any longer, replacement transport will be rearranged and your car (and trailer if applicable) will be brought back to the Netherlands.
If the repairs take longer than 24 hours, this module also covers the costs of a courtesy car for 3 weeks.
Breakdown assistance terms and conditions
Replacement value and purchase value schemes
The replacement value and purchase value schemes can both be renewed for 1 or 2 years. The replacement value scheme is only available if you have taken out either third-party liability insurance with limited cover or third-party liability insurance with comprehensive cover.
Check the insurance terms and conditions to find out what ABN AMRO Schadeverzekering N.V. will pay out for covered loss or damage.
Check the terms and conditions for a complete list of exclusions
Your number of claim-free years determines the no-claims bonus you will receive at the start of your insurance policy. Find out more about claim-free years and the no-claims bonus.
If you incur any loss or damage, please let us know as soon as possible. You can get in touch with ABN AMRO 24 hours a day, 7 days a week. Find out more about how to submit a claim.
You will need to pay an excess if your entire car window needs to be replaced. If you use the ABN AMRO Schade Service, your excess will be €75. However, if you decide not to, you will pay €150.
Security
If your car is not adequately secured, you will pay an excess of 2.5% of the car’s list price (subject to a minimum of €375).
ABN AMRO Schade Service
You are free to choose where you have the damage repaired. However, ABN AMRO has put together a network of repair companies especially for you, so you can be sure the repairs will be carried out professionally. If you have your car repaired by one of these specialist companies, you will benefit from the following:
Premium
Your premium depends on the following:
Commission
ABN AMRO Bank N.V. provides personal customers with non-life insurance products on behalf of ABN AMRO Schadeverzekering N.V. ABN AMRO Bank N.V. receives a fee for this. Read the Non-Life Insurance Information Sheet (Informatieblad Schadeverzekeringen in Dutch) to find out more about our services.
Initial costs (including policy costs)
You will pay initial costs of €9.98 (including insurance tax) for ABN AMRO’s car insurance. This will cover your registration with the RDW (Netherlands Vehicle Authority), as well as the drafting and sending of the policy, green card and European claims form.
The RDW will check whether you have third-party liability cover for damage caused to others by your car. This cover is mandatory for all cars.
Administrative costs
If this is the first non-life insurance policy you are taking out with ABN AMRO, you will also pay €0.69 (including insurance tax) for monthly or annual collection of the premium. If you already have one or more ABN AMRO non-life insurance policies, you will not be charged an administration fee.
Insurance tax
You will be charged 21% insurance tax on the ABN AMRO car insurance premium and costs. This amount will be included in the calculation of your premium.
Package discount
If you take out more than 3 insurance policies with ABN AMRO, you will qualify for a 5% package discount
Discount for additional cars
Up to 7 claim-free years
ABN AMRO Schadeverzekeringen N.V. will calculate your premium based on the car with the most claim-free years. The same discount will apply to the other cars up to a maximum of 70%.
More than 7 claim-free years
If you want to insure additional cars with seven or more claim-free years, you will receive a higher discount of up to 80%.
Take a look at the no-claims bonus scale to find out more.
When you take out car insurance, you will receive a green card. This is international proof of your insurance that you can use abroad. The card lists the countries you are insured in and the telephone numbers you will need in an emergency. You will receive a new green card each year.
If you are going on holiday with a caravan, you will also need a green card for your caravan if you travel to Germany, Poland or Spain.
If you lose your green card, request a new one. Or call us on 0900 - 00 24 (usual call charges apply).
You can cancel your policy free of charge within 14 days of taking it out. Simply send the policy to the following address (no stamp required):
ABN AMRO Verzekeringen
Antwoordnummer 9000
8000 VB Zwolle
ABN AMRO Bank N.V. provides personal customers with non-life insurance products and advises them on behalf of ABN AMRO Schadeverzekering N.V. ABN AMRO Schadeverzekering pays ABN AMRO Bank N.V. a fee for this. Read the Non-Life Insurance Information Sheet Informatieblad Schadeverzekeringen to find out more about who we are and what our services involve.
See the insurance card for the most relevant cover information. The insurance card has been compiled in line with European guidelines and provides a useful overview to help you compare policies.
Insurance card for ABN AMRO Third-party Liability Car Insurance
Insurance card for ABN AMRO Car Insurance with third-party liability plus limited cover
Insurance card for ABN AMRO Car Insurance with third-party liability plus comprehensive cover
Insurance card for ABN AMRO Car Legal Expenses Insurance
Insurance card for ABN AMRO Car Passenger Non-Life Insurance
Insurance card for ABN AMRO Car Passenger Accident Insurance
Insurance card for ABN AMRO Car Breakdown Assistance Insurance
You can cancel the insurance policy at any time without giving a reason. Your insurance will end at midnight of the day you cancel it unless you select another date for cancellation to take effect. In this case, the insurance will end on the date you choose.
Please note: retrospective cancellation is not permitted.
Free courtesy car if you have the damage repaired by a member of our excellent repairs network.
If you want to get insured and on your way fast, take out your car insurance online. It only takes 2 minutes.
Damage to your car causes stress and uncertainty, which is why we make sure you have one personal contact who will take care of your entire claim for you.
