Global Major Cities Guide

Sections

1. Types of Insurance Available in Paris

In France, insurance is a critical part of daily life, and some types are mandatory. Here are the main categories:

Mandatory Insurance

Health Insurance (Assurance Maladie): All residents, including expatriates and international students, must have health insurance. This can be public (via the French social security system) or private.
Home Insurance (Assurance Habitation): Required for renters and homeowners to cover damages like fire, water leaks, or theft.
Car Insurance (Assurance Auto): Mandatory for all vehicle owners, even if the car is not in use.

Optional Insurance

Supplementary Health Insurance (Mutuelle): Covers the portion of medical costs not reimbursed by the public system.
Life Insurance (Assurance Vie): A savings and investment product with tax benefits.
Travel Insurance: For expatriates or visitors, covering medical emergencies, trip cancellations, or lost luggage.
Liability Insurance (Assurance Responsabilité Civile): Often included in home insurance but can be purchased separately for personal liability.
Pet Insurance (Assurance Animaux): Covers veterinary costs for pets.

2. Major Insurance Providers in Paris

Paris is home to numerous insurance companies, ranging from large national providers to smaller, specialized firms. Here are some of the most prominent ones:

Health Insurance Providers

CPAM (Caisse Primaire d’Assurance Maladie): The public health insurance provider for residents. Managed under the French social security system.
Mutuelles (Supplementary Health Insurance):
- MGEN: Popular among public sector employees.
- Harmonie Mutuelle: Offers a wide range of health plans.
- MAIF: Known for competitive rates and good customer service.

Home and Car Insurance Providers

AXA: A global insurance leader offering comprehensive home, car, and liability insurance.
MAIF: A mutual insurance company with strong customer satisfaction.
Allianz: Offers a wide range of insurance products, including home and auto.
Groupama: Known for affordable and customizable plans.

Life and Travel Insurance Providers

CNP Assurances: Specializes in life insurance and savings products.
April International: Focuses on expatriates and international students, offering health and travel insurance.
ACS (Assurance Couverture Santé): Tailored for international students and visitors.

Pet Insurance Providers

SantéVet: A leading provider of pet insurance in France.
Assur O’Poil: Offers customizable plans for pets.

3. Typical Costs of Insurance in Paris

Insurance costs vary depending on the type of coverage, provider, and individual circumstances. Below are average costs:

Health Insurance

Public Health Insurance (via CPAM): Contributions are typically deducted from your salary (around 8% of gross income). For students or low-income individuals, the cost may be minimal or free.
Supplementary Health Insurance (Mutuelle): €20–€100 per month, depending on the level of coverage.

Home Insurance

Renters: €10–€30 per month for basic coverage.
Homeowners: €20–€50 per month, depending on the property size and location.

Car Insurance

Basic Third-Party Coverage: €20–€50 per month.
Comprehensive Coverage: €50–€150 per month, depending on the vehicle and driving history.

Life Insurance

Basic Plans: €10–€50 per month, depending on the coverage amount and age.

Pet Insurance

Basic Plans: €10–€30 per month.
Comprehensive Plans: €30–€70 per month.

The process for signing up for insurance in Paris is straightforward but requires specific documents. Here’s a step-by-step guide:

Step 1: Research and Compare Providers

Use comparison websites like LeLynx.fr or Assurland.com to find the best rates and coverage.

Step 2: Gather Required Documents

The documents you’ll need depend on the type of insurance:

Health Insurance:
- Passport or ID
- Proof of residence (utility bill or rental contract)
- Employment contract or proof of enrollment (for students)
- Bank account details (RIB)
Home Insurance:
- Rental contract or proof of ownership
- Passport or ID
- Bank account details (RIB)
Car Insurance:
- Driver’s license
- Vehicle registration (Carte Grise)
- Proof of no-claims bonus (if applicable)
Life Insurance:
- Passport or ID
- Bank account details (RIB)

Step 3: Apply Online or In-Person

Many providers allow you to apply online. Alternatively, visit a local branch in Paris for assistance.

Step 4: Sign the Contract

Review the terms and conditions carefully before signing. Ensure you understand the coverage, exclusions, and cancellation policies.

5. Local Considerations and Tips

Language Barrier: Many insurance providers operate in French. If you’re not fluent, consider providers like April International or ACS, which cater to English-speaking expatriates.
Expatriates and International Students:
- If you’re staying for more than three months, you may be eligible for the PUMA (Protection Universelle Maladie) system, which provides access to public health insurance.
- Students can often access affordable health insurance through their university or specialized providers like LMDE or SMEREP.
Bundling Insurance: Many providers offer discounts if you bundle multiple policies (e.g., home and car insurance).
Liability Insurance: Often included in home insurance policies, but ensure it covers personal liability outside your home.
Renewal and Cancellation: Most insurance contracts in France automatically renew annually. To cancel, you must provide written notice at least two months before the renewal date.

6. Emergency Contacts

CPAM (Public Health Insurance): 3646 (within France)
AXA Customer Service: +33 1 70 82 28 05
April International: +33 1 73 02 93 93
Allianz Assistance: +33 1 42 99 08 83

By understanding the types of insurance available, comparing providers, and preparing the necessary documents, you can navigate the insurance system in Paris with ease. Whether you’re a resident, expatriate, or student, there are plenty of options to suit your needs. Let me know if you need further assistance!

Paris

Insurance Providers