Aansprakelijkheidsverzekering

A liability insurance policy is an insurance product that protects the insured against liability for unintentional damage caused to third parties. This encompasses both bodily injury and property damage and applies to both individuals and businesses.

The insurance is relevant because claims for damages in the Netherlands can result in substantial costs, which, absent coverage, must be paid from the insured’s own assets. Although not statutorily mandated, liability insurance is strongly recommended to mitigate financial risks.

In practice, lawyers regularly advise clients on appropriate coverage, particularly in disputes involving tort or contractual liability.