Most people don’t realize how much their belongings are actually worth. A TV here, a laptop there, furniture, clothing, kitchen appliances… it adds up quickly often to tens of thousands of euros. Yet, many people significantly underestimate the value of their possessions. This can have serious consequences when something goes wrong.
A home contents insurance is not legally required in the Netherlands, but it is strongly recommended. Fire, theft, or water damage can strike unexpectedly. Without insurance, you bear the full cost of replacement or repair yourself.
What many don’t realize is that underinsuring can be just as risky. For example, if you're insured for €20,000 but your belongings are actually worth €40,000, you’ll only be partially reimbursed in case of damage. That’s called underinsurance. With a good home contents policy, you're not only protected, but you can be confident you’ve declared the correct value.
Fortunately, there are plenty of tools and experts available to help you make an accurate estimate of your home contents. This way, you can be sure you’re not underinsured and live with peace of mind no matter what happens.
