Zakelijk • Company assets • Extra kosten
Extra insurance costs: continue working after damage without unnecessary downtime
Na brand, waterschade, storm of A ernstige storing wilt u uw bedrijf zo snel mogelijk weer laten draaien. Dat brengt vaak necessary additional costs carries with it, like Temporary housing, rental of replacement machines, emergency power, additional transportation or overtime. Met A Additional insurance costs insure these costs (depending on the policy) to support your business continuity.
On this page you can read what is and is not included in additional costs, how this product compares to the business interruption insurance en welke keuzes (maximum amount, looptijd, eigen risico) bepalend zijn voor uw bescherming. Inclusief checklist en veelgestelde vragen.
Coverage, definitions, maximums, waiting periods and exclusions always follow the policy conditions.
Extra insurance costs in short
You insure the necessary additional expenses die u maakt om na schade uw bedrijfsvoering (gedeeltelijk) voort te zetten. Denk aan uitwijklocatie, vervangende apparatuur or tijdelijke voorzieningen.
When do entrepreneurs choose this product?
- if downtime quickly affects turnover or service;
- if alternative options entail costs;
- when fast delivery is essential (production/logistics/retail).
Premium depends on industry, turnover/wage sum (product-dependent), prevention, maximum and term.
What is extra cost insurance?
Definition
A Additional insurance costs reimburses (depending on the policy) the reasonable and necessary additional costs die u maakt om uw bedrijf na A gedekte gebeurtenis voort te zetten. Het gaat dus om kosten bovenop de normale bedrijfsvoering.
Relationship with business interruption
business interruption insurance usually passes loss of turnover en doorlopende vaste lasten. Additional costs gaan over measures to continue working, such as renting equipment or a fallback location.
In many situations, both products are combined for a complete continuity plan.
When is extra cost insurance wise?
Dependence on location
If your business operations are highly location-related (shop, workshop, production), temporary relocation can be expensive.
Critical machines or IT
Replacement machines, emergency repairs or additional IT resources may be required to meet deliveries or service.
Tight delivery/service requirements
If downtime directly leads to fines, damage to image or loss of customers, extra costs can make the difference.
Common triggers
- fire, smoke, fire extinguishing water in the building
- water damage due to pipe breakage or leakage (policy dependent)
- storm damage that makes the location (temporarily) unusable
- failure of essential facilities, which requires emergency measures
The exact events that provide coverage follow the policy conditions and often the underlying fire/buildings/inventory coverage.
Examples of additional costs (policy dependent)
Temporary housing
- rent a fallback location
- design of emergency workplaces
- extra security at temporary location
Substitutes
- rent replacement machines/equipment
- emergency repair to restart production
- emergency power generator or temporary installations
Logistics & personnel
- additional transport/courier costs
- overtime to catch up
- additional storage or distribution (temporary)
Coverage: what you should pay attention to in case of extra costs
Maximum amount and term
Additional costs insure you up to one maximum insured amount and often within one benefit period (bijv. 26/52 weken of anders). Deze Choices bepalen hoeveel ruimte u heeft om door te starten.
- maximum amount (per event or per year, depending on the policy)
- benefit period / duration of compensation
- any waiting time/deductible
Which costs count?
De polis omschrijft welke kosten als “extra” en “noodzakelijk” gelden. Soms zijn bepaalde kosten uitgesloten or gemaximeerd.
- only costs above normal business operations
- reasonableness test (costs must be proportionate)
- evidence: invoices, substantiation, period
Comparison checklist
| Point of comparison | Why important | What to pay attention to |
|---|---|---|
| maximum insured amount | Determines your total compensation. | Per event or per year? Sub-limits? |
| benefit period | How long costs can be reimbursed. | Does the term fit with recovery time/delivery times? |
| Definition of “extra costs” | Prevents discussions regarding claims. | What counts, what doesn't? Reasonableness test. |
| Waiting time / deductible | Affects your liquidity in case of damage. | Amount or days? Deviations per event? |
| Relationship with business interruption | Prevents gaps or overlap. | Which costs fall under extra costs vs business damage? |
Policy conditions are leading; have definitions and maximums explicitly confirmed.
Choices that determine your coverage and premium
1) Height maximum
Een hoger maximum geeft meer ruimte voor uitwijk en vervanging, maar verhoogt doorgaans de Premium. Koppel het maximum aan uw realistische noodscenario.
2) Term (duration)
Kies A termijn die past bij herstel/leveringstijden. Bij verbouwing of schaarse apparatuur kan herstel langer duren.
3) Deductible / waiting period
With a higher deductible, the premium often decreases, but in the event of damage you will have to bear more liquidity yourself.
Premium: what does the price depend on?
Most important factors
- industry and business process (risk intensity)
- turnover/wage bill (depending on product)
- maximum amount and payment period
- prevention and continuity measures
- damage history and location/building
Compare wisely
- check definitions “extra” and “necessary”
- check sub-limits (IT, transport, housing)
- coordinate with business damage (turnover/fixed costs)
- choose a deductible that matches your buffer
Checklist: applying for additional insurance costs
1) Company & process
- activities and dependencies
- critical machines/IT
- delivery/service requirements
2) Emergency scenario
- possible fallback location
- rental replacement and emergency facilities
- estimated costs per week
3) Choices
- maximum amount
- benefit period
- deductible/waiting time
Frequently asked questions about additional insurance costs
What is the difference between additional costs and business interruption insurance?
Bedrijfsschade gaat meestal over omzetderving en doorlopende vaste lasten na schade. Extra kosten gaat over necessary additional expenses om (deels) te kunnen doorwerken, zoals uitwijk, huur van apparatuur of noodtransport. Indeling is polisafhankelijk.
Which costs often fall under “extra costs”?
Denk aan Temporary housing, huur vervangende machines, noodstroom, extra transport/koeriers, noodreparaties en overwerk. Exacte kostensoorten en voorwaarden verschillen per polis.
Should additional costs be “reasonable”?
Vaak wel. Veel polissen toetsen or kosten noodzakelijk en proportioneel zijn om bedrijfscontinuïteit te herstellen. Bewaar daarom onderbouwing, offertes en facturen.
How do I determine the correct maximum insured amount?
Maak een noodscenario (uitwijklocatie, vervangende apparatuur, Transportation, personeel) en schat de kosten per week. Vermenigvuldig met een realistische hersteltermijn. Laat dit doorrekenen in 2 varianten.
Is there a waiting period or deductible?
Dat is polisafhankelijk. Soms geldt een eigen risico in euro’s, soms een wachttijd (aantal dagen) of beide. Controleer dit in de Quotation.
Can I combine extra costs with other insurance?
Ja, vaak in een bedrijvenpakket met opstal, inventaris/goederen en Business damage. Zo voorkomt u gaten of overlap en is de schadeafhandeling vaak efficiënter.
What information is required for a quotation?
Usually: business activities, location/premises, prevention, turnover/wage bill (depending on product), the desired maximum, term and deductible.
Calculate additional insurance costs? Start your request
Start de offerte/berekening en ontvang een voorstel dat past bij uw continuïteitsrisico. Wij helpen u met scenario’s, maxima, termijnen en de afstemming met Business damage.
Direct contact: call 072 – 509 24 56 or email to info@finassverzekert.nl.
