Buildings insurance (opstalverzekering) for an investment property
With an investment property, damage to the building is rarely the biggest problem. The biggest problem is the period in which no rent comes in while the financing continues.
The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert. nl or call 072 - 509 24 56 and we will take it from there.
Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
We compare the offerings of several insurers
An adviser checks whether the cover suits your activities
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
You insure an investment property on the basis of rebuild value, preferably established by a valuation. The tenant's use of the premises determines acceptance: residential use is assessed differently from catering or storage.
Two modules make the difference here: loss of rent for the period in which the property cannot be let, and cover for damage caused by tenants, which many policies exclude as standard.
This information is general in nature and is not personal advice. What is actually covered, including exclusions and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover.
9.5New policy
9.8Claims handling
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Payment for the rental income you miss for as long as the property cannot be let after a covered claim. Meanwhile your financing costs continue.
Is damage caused by my tenant covered?
Not as standard. Vandalism and wilful damage by tenants are excluded on many policies. An extension is available.
Do I have to report a change of tenant?
If the use changes, yes, always. From offices to catering or storage is a different risk with a different premium.
Who insures the kitchen the tenant installed?
The tenant, as tenant's improvements. Your buildings insurance covers the building as handed over.
What is covered and what is not
What is covered
Situation
Basic buildings cover
With loss of rent and tenant damage
A storm damages the roof and the dormer windows of the property
Yes
Yes
The rent you miss while the property is rebuilt after a fire
No
Yes
A tenant rips out the kitchen and the internal doors on leaving
No
Yes
A cannabis farm on the upper floor damages the floor and the wiring
No
Provided that
Your tenant stops paying and leaves owing rent arrears
No
No
Rebuilding the property takes longer than the agreed payment period
No
Provided that
Work out the payment period on the basis of demolition, permits and rebuilding for this particular property, not on the standard period in the conditions.
