Top 10 Best Insurance Companies in Belgium [2022]

Top 10 Best Insurance Companies in Belgium [2022]

List of top 10 best and biggest insurance companies in Belgium in 2022.

Firstly, most of the largest insurance companies in Belgium today are health and car insurance companies. Certainly, this is because most of the insurance covers are required of Belgians. For example, health, home, car and private life insurance. As of today, health insurance is mandatory for all residents in Belgium.

Secondly, choosing an insurance company to insure yourself or property can be challenging, especially when there is an increase in the number of insurance companies in the market. In the Belgian insurance market, it has about 21% active companies. Today, we will share with you the list of top 10 best insurance companies in Belgium for the year 2022.

How many insurance companies are there in Belgium?

There are currently 105 registered insurance companies in Belgium as of 2022.

Insurance Cost in Belgium Today

Currently, you have to pay a membership fee (also known as “Lidgeld”), which is approximately €50 to €180 per year. Essentially, medical insurance costs in Belgium are made on a fee-for-service basis.

Which is the best insurance company in Belgium 2022?

AG Insurance is now the best insurance company in Belgium in 2022. This is because it offers the best policy value keeping in mind the services offered when compared to different insurance firms in Belgium.

However, in addition to topping the list of the top 10 best insurance companies in Belgium, AG Insurance Company is considered the second largest in non-life gross. AXA Belgium is the leading insurer when it comes to non-life insurance.

Highlighted below is a list of the proven top 10 best and biggest

Insurance companies in Belgium in 2022 that you should consider when trying to find the right insurer for you.

Top 10 Insurance Companies in Belgium 2022

  1. AXA Insurance Company, Belgium. It is the second-best insurance company offering non-life gross insurance in Belgium. 12.3 percent of the market share.
  2. Allianz insurance company, Belgium. Market Share 5.7%
  3. AG Insurance. It is the best life insurance and non-life insurance in Belgium in the year 2022 with a market share of 21.4% right now.
  4. KBC Insurance Company, Belgium. 9.9% Market share.
  5. Ethias’ insurance company, Belgium. Market share: 9.4%
  6. NN Insurance Company Belgium. Market Share: 3.9%
  7. Baloise Insurance Company, Belgium. Market Share: 6.8%
  8. Belfius Insurance Company, Belgium. Market Share: 6%
  9. P&V Assurances. Market Share: 5.9%
  10. ERGO-DKV-DAS. Market Share: 3.5%

Conclusion:

In a nutshell, if you are looking for a reliable and top notch insurance service, the companies listed above are the top 10 insurance companies in Belgium as of 2022. This is the most recently updated list with the latest information from the biggest insurance companies in Belgium. immediately.

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