If you live in Switzerland and have a vehicle, there are a number of insurances to consider to ensure you are protected against the unexpected.
Third party liability
Third party liability insurance is compulsory vehicle insurance that will cover you up to the amount of 100M CHF.
It is important to note that this is not the same as personal liability insurance, although it performs a similar function in that it will cover any damage you may cause to a third party while driving.
Third party liability cover is the only compulsory vehicle insurance, but it is strongly recommended that you also consider other insurances to ensure you are fully covered against any eventuality.
As a general rule, the majority of insurance providers will offer you a zero CHF deductible for third party insurance. However, for young and/or new drivers, a special condition may apply in which an additional deductible is required. For example, drivers under the age of 25 may have to pay a deductible of 1000 or 2000CHF in the case of a claim.
Cover against a whole range of additional events is called partial casco (Vollkasko in German). This can include:
Theft of a vehicle
Damage caused by natural elements (snow, storm, hail, landslide, avalanche)
Damage caused by animals
Theft of items in the vehicle
Comprehensive (or full casco) insurance will cover you for everything under partial casco as well as collision damage.
Additional accident insurance
It is possible to take out additional accident insurance cover for the driver of a vehicle and also for anyone travelling in a vehicle as a passenger. This includes death and disability benefits, and, in the case of hospitalisation and medical expenses, a daily cash allowance.
A range of extra insurances are also possible, including: