Thank you to everyone who chimed in, I’m very grateful for learning so much here.
I know it’s a bit late if you already signed, but since you want to go with AXA did you check their website? There is also a BASIC product which is not really worse in Private liability - just cheaper.
By the way this is a 5 year contract - did you notice?
Haven’t signed yet
I went on the AXA website, I didn’t notice that it is a 5 year contract. Are these problematic?
From the AXA website: 5 years, can be terminated each year (during the first year, personal liability coverage is free for persons up to the age of 30)
I want to include the third party vehicles, hence I’ll take the optima version.
I’m moving back in to my parents in January 2019, so I have to change the policy again then. Is this problematic? I’ll call our insurance guy to ask him this as well.
Regarding deductible: The deductible is 500.- for 3rd party cars and 200.- for other private liability claims. If I were to move the deductible to 500.- for other private liability claims, the yearly policy would be reduced by around 20.-. I guess it doesn’t matter in the first year as it’s free but afterwards it might be important.