Difference between personal liability insurance and third-party insurance

Personal liability insurance is often confused with third-party insurance. Although the insurance policies seem to be very similar, there are major differences between them. For example, personal liability insurance pays out if you cause damage or injury to someone else in any way other than with a motor vehicle. Third-party insurance pays out for any damage or injury that you may cause to someone else with your car.

If you have a motor vehicle, third-party insurance is required by law. However, personal liability insurance is not compulsory, although it is recommended. This insurance only costs a few euros per month and can save you a lot of financial misery should you, a family member or your pet(s) cause damage or injury to someone else. The costs of damages can quickly add up and, with personal liability insurance, you avoid having to pay for it yourself.

Aon’s liability insurance is a good choice because, in addition to a low premium, we offer very extensive coverage.