Insuring an American car

Often, but not always. Large engines, high repair costs and scarce parts push up the risk. Set against that, many American cars cover few kilometres and are kept in locked storage, which brings the premium down. What decides it is which insurer accepts this type of car and on what basis the value is set. A comparison on your particular car gives the answer.

A recognised valuer describes the car and sets its value. If the insurer adopts that report, then under Article 7:960 of the Dutch Civil Code the value is fixed for an agreed period. Within that period the insurer cannot fall back on a lower figure. Once it expires, you fall back on market value, so have the valuation renewed in good time.

For use on Dutch roads you generally need a Dutch registration, and with it Dutch insurance. As long as the car is not yet registered, cover is limited to transport and storage and does not extend to driving on public roads. Arrange the registration and third-party cover before the first journey; driving uninsured brings a fine and personal liability.

Only if you declare them and they appear on the policy or in the valuation. Think of wheels, audio, chrome work, a modified exhaust or a lift kit. As standard, a limited amount often applies to accessories. Modifications that change the power or handling may also affect acceptance; put them forward beforehand rather than after a claim.