AG or AXA: which home insurance to choose
AG and AXA both offer a simple-risks fire policy covering the usual Belgian base: fire, water damage, storm, natural disasters and glass breakage. What differs is how the formula is presented — one with parameters announced in advance, the other composed guarantee by guarantee.
| Provider | Plan | Price | Key points | View plan |
|---|---|---|---|---|
 AXACheapest |
Assurance incendie appartement | €102/year |
| View plan |
 AG |
Top Habitation | On request |
| View plan |
Prices and features surveyed on August 31, 2026. They may have changed since. Always check the offer on the provider’s website before signing up.
A packaged formula and a modular one
A formula with announced parameters — contents capital, franchise, included guarantees — can be compared straight away, because there is nothing left to specify before the numbers mean something.
A modular formula is composed guarantee by guarantee. It cannot be compared without a quote, but it lets you drop what you do not need and reinforce what you do.
Neither approach is better in the abstract. The first suits a standard situation; the second suits a household whose exposure is unusual in some way.
Comparing a package against a modular formula
The only reliable method is to fix your own parameters first — building capital, contents capital, franchise level, theft and legal protection — then ask both insurers to quote on that specification.
Look next at how the premium behaves over time. A first-year discount disappears at the second renewal, while indexation to the construction cost index continues in the background.
Finally check the franchise structure and the ceilings per type of claim. Two contracts with neighbouring premiums can leave very different amounts payable after a water damage claim.
What is identical at both
The simple-risks base is common: cover for natural disasters, including flooding, is integrated into Belgian fire insurance rather than sold separately.
So are the company's obligations: handing over the general conditions before the contract is concluded, and termination at annual expiry with the notice the law provides.
This page does not name a winner and is not personalised advice. Only the general and particular conditions handed to you by the insurer determine what is covered.
Our verdict
The decision rests on how much modularity you need. A contract whose parameters are announced in advance compares immediately and suits anyone wanting to decide quickly; a composable formula requires a quote to be evaluated but lets you adjust each guarantee to your own situation.
Frequently asked questions
Does a first-year discount carry over?
No. A first-year commercial discount disappears at the second renewal, while indexation to the construction cost index continues. Compare the premium applying from the second year, not the one that gets you through the door.
Is the announced contents capital enough?
That depends on what you own, not on what the formula proposes. Complete the insurer's evaluation grid honestly — where it is properly filled in, most Belgian insurers waive the proportional rule, which is worth more than any headline capital.
How do I move from one insurer to the other?
A Belgian fire policy is terminated at annual expiry with the notice set by law. Arrange the new cover to start the day the old one ends, because a gap between two policies is a gap you carry yourself.
Is flooding covered?
Yes. In Belgium, cover for natural disasters including flooding is integrated into simple-risks fire insurance rather than sold separately, so it is present in both formulas by construction.