Why a standard car insurance is not sufficient for an exclusive car

Owning an exclusive car , such as a Porsche, Ferrari, Lamborghini, Bentley or Aston Martin , requires more than just a standard car insurance. Luxury vehicles entail higher risks and require insurance that tailor -made, extensive coverage and better damage settlement .

But why is a standard car insurance not sufficient for an exclusive car? In this blog you can read what risks you are running, why specialized insurance is needed and how you optimally insure your luxury car .

1. What is the problem with a standard car insurance policy?

A standard car insurance is intended for regular cars and often does not take into account the specific risks and higher costs of an exclusive car. These are the largest limitations of a standard policy:

🔹 Limited coverage in the event of damage - often only the current value reimbursed, which can cause substantial losses with an exclusive car.
🔹 No value guarantee - standard policies do not cover a value increase or appraisal amount.
🔹 High depreciation - Within a few years, the insurance can only pay a fraction of the purchase value.
🔹 Duration of recovery and parts - Regular insurance does not take into account specialist repairs or parts that are difficult to available.
🔹 Limited theft protection - luxury cars are wanted for car thieves and standard insurance often requires minimal security.

💡 A standard car insurance provides insufficient protection for the actual value and risks of an exclusive car.

2. Why does an exclusive car need special insurance?

Luxury cars have specific characteristics that require customized insurance

🏎 High purchase value - cars from € 100,000 to € 500,000 or more ask for a higher insured value.
🔧 More expensive repairs - Exclusive vehicles need specialized repairs at dealers or brand service centers.
📉 Value development - some cars retain or even rise in value, which requires value guarantee.
🔒 Increased theft risk - luxury cars are more attractive for car thieves and require advanced security.
✈ International use - Many exclusive cars are driven abroad and need global coverage.

💡 An exclusive car insurance takes into account these unique aspects and offers better coverage than a standard policy.

3. What does an exclusive car insurance policy cover?

A specialized car insurance offers more extensive coverage than a standard insurance.

✅ 1. Full hull (all -risk) coverage

✔ Damage due to fire, storm, theft, burglary and own damage .
✔ Coverage for damage by another vehicle or object .
✔ Protection with vandalism and unknown collisions.

💡 Standard insurance policies only pay counter -value, while exclusive policies often work with replacement value or appraisal value.

✅ 2. Value guarantee & appraisal insurance

✔ Determined appraisal value instead of current value.
✔ No depreciation within the first years.
✔ Coverage for the increase in the value of rare models.

💡 Many exclusive cars rise in value. Insurance prevents underinsurance.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers and specialized garages .
✔ Use of original parts .
✔ No standard repairs at universal damage repair companies .

💡 With a standard insurance, damage repair can take place with an unknown garage, which negatively influences the value of the car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide.
✔ Reimbursement for joyriding and fallow damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 A standard insurance often only demands an alarm system, while luxury insurance can make GPS follow-up systems mandatory.

✅ 5. Roadside assistance and excluding replacement transport

✔ Breakdown assistance throughout Europe or worldwide.
✔ Custom replacement transport (for example a similar luxury car instead of a standard rental car).

💡 With standard insurance you often get a standard rental car, which does not match the exclusive driving experience.

4. What does an exclusive car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the higher the value, the higher the premium.
📌 The type of vehicle - A Ferrari or Lamborghini has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

5. How do you take out exclusive car insurance?

To get the best coverage for your luxury car, follow these steps:

1️⃣ Select a specialized insurer - regular insurers offer insufficient coverage for exclusive cars.
2️⃣ Have your car appraised - make sure your car is insured at the right value.
3️⃣ Choose the correct coverage - combine all -risk, value guarantee and theft coverage.
4️⃣ Check the security requirements -SCM approved alarm systems and vehicle tracking systems may be mandatory.
5️⃣ Request a quote from Finass insures - our specialists help you with a customized policy.
6️⃣ Take out the insurance and drive carefree!

Conclusion: Why is a standard car insurance not sufficient?

✔ Limited coverage - Standard Insurance only pays current value.
✔ No appraisal coverage - an exclusive insurance prevents underinsurance.
✔ More expensive repairs - only brand dealers and original parts covered.
✔ Bigger theft risk -luxury insurance requirements demand better security and GPS trackers.
✔ Exclusive service - breakdown assistance and tailor -made transport transport.

💡 Do you want to optimally protect your exclusive car? Request a quote from Finass insure and discover the best insurance for your luxury vehicle! 🚀

Exclusive cars and insurance: how do you choose the best coverage for a high -quality car?

Owning an exclusive car , such as a Ferrari, Lamborghini, Porsche, Bentley or Rolls-Royce , means that you not only enjoy luxury and performance, but also that you have to protect your vehicle properly. A standard car insurance is often not sufficient for the high value, expensive repairs and unique risks of a luxury car.

But how do you choose the best coverage for a high -quality car? In this blog we discuss why a special exclusive car insurance policy is necessary , which coverage are indispensable and how you ensure that you not underinsured .

1. Why do you need exclusive car insurance?

A standard car insurance usually offers insufficient protection for exclusive vehicles. This is due to the following reasons:

🏎 High purchase value - Exclusive cars often cost € 100,000 to € 500,000 or more , which means that an insurance with current value is insufficient.
🔧 more expensive repairs - original parts and specialist garages make damage repair much more expensive than with standard cars.
📉 Value retention or increase in value - some luxury cars retain their value or even rise in price, which requires a valuation policy.
🔒 Higher theft risk - luxury vehicles are popular with car thieves and require additional security measures.
✈ International use - Many exclusive cars are driven abroad, which makes insurance with global coverage necessary.

💡 An exclusive car insurance offers customization and full coverage for these unique aspects.

2. What coverage are essential for a luxury car?

When insuring an exclusive car, only a third-party insurance policy is insufficient . Extensive insurance is necessary to minimize damage and financial risks.

✅ 1. Allrisk (full hull) insurance

For luxury cars, all-risk insurance the best choice, because it offers coverage against:
✔ Damage to others (liability)
✔ Damage to your own car due to its own fault
✔ Fire, storm and nature damage
✔ Theft and burglary damage

💡 Many exclusive insurance policies pay out on the basis of replacement value or appraisal value, instead of current value.

✅ 2. Value guarantee & appraisal insurance

✔ Determined appraisal value instead of current value.
✔ No depreciation within the first years.
✔ Coverage for an increase in value with vintage cars and collective objects.

💡 If your exclusive car rises in value, an appraisal policy prevents you from receiving too little in the event of damage.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers and recognized damage repairers .
✔ Use of original parts .
✔ No standard repairs with universal garages .

💡 Have standard insurance carries out repairs with cheaper damage repairers, which can lower the value of your car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide.
✔ Reimbursement for joyriding and fallow damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 Many insurers demand at least a SCM class 3 security system or a GPS tracking system.

✅ 5. Roadside assistance and excluding replacement transport

✔ Breakdown assistance throughout Europe or worldwide.
✔ Custom replacement transport (no standard rental car, but an equivalent luxury model).

💡 With a standard insurance you get a normal rental car, which does not match the driving experience of a luxury car.

✅ 6. Trackday coverage (for sports cars)

✔ Special coverage for damage on the circuit (not included as standard).
✔ Protection against motorsport -related damage.

💡 Not all insurance policies cover damage that arises during trackdays. Do you want to drive circuit days? Then choose a policy with trackday coverage.

3. What does an exclusive car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the more expensive the car, the higher the premium.
📌 The type of vehicle - A Ferrari has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

4. How do you get the best exclusive car insurance?

To get the best coverage for your luxury car, pay attention to the following points:

✔ 1. Choose a specialized insurer

Regular insurers can be limited in coverage and damage settlement. Choose an insurer with experience in exclusive vehicles .

✔ 2. Check the valuation of your car

Ask if the insurance works with:
✅ Purchase value guarantee - benefit based on the original purchase price.
✅ Appraisal policy - The car is valued in advance, so that you are insured at the real market value.

✔ 3. Note the security requirements

Many insurers require extra security, such as:
🔒 SCM-Good-approved alarm (class 3 or higher).
📡 GPS follow-up system for quick finding with theft.

✔ 4. Choose global breakdown assistance and exclusive service

A luxury car deserves an exclusive service. Choose an insurance policy that:
🚗 offers
customized transport transport ✈ international coverage for travel in Europe or beyond.

💡 Always ask for a customized quote from a specialized insurer such as Finass insures .

💡 Do you want to optimally protect your exclusive car? Request a quote from Finass insure and discover the best insurance for your luxury vehicle! 🚀

Supercars and luxury cars insure: everything about exclusive car insurance

Owning a supercar or luxury car is a dream for many. Whether you drive a Ferrari, Lamborghini, McLaren, Rolls-Royce or Bentley , your exclusive vehicle deserves the best protection. A standard car insurance is often insufficient to cover the high value and unique risks of a supercar or luxury car.

But how do you ensure a supercar or luxury car in the right way? In this blog we discuss what you should pay attention to when choosing an exclusive car insurance policy, which coverage are necessary and how your underinsurance appears .

1. Why is a special Supercar insurance needed?

A standard car insurance often offers insufficient coverage for supercars and luxury cars. This is due to the following reasons:

🏎 High purchase value - Exclusive cars can cost between € 100,000 and € 2 million .
🔧 More expensive repairs - original parts and specialist garages make damage repair duration and time -consuming.
📈 Value retention or increase in value - some supercars rise in value, which requires
valuation policy 🔒 Higher theft risk - luxury vehicles are popular with car thieves and require extra security.
✈ International use - Supercars are often driven abroad, which makes extra coverage necessary.

💡 An exclusive car insurance is specially designed to cover these risks.

2. What coverage are essential for exclusive car insurance?

When insuring a luxury car or supercar, a basic liability insurance is insufficient . Here are the most important coverage you need:

✅ 1. Allrisk (full hull) insurance

✔ Coverage against your own damage, damage caused by third parties, fire, storm and theft .
✔ Coverage for damage to exclusive paint finishes and carbon parts.
✔ No standard current value benefit, but appraisal value or replacement value .

💡 Supercars and luxury cars do not always lose their value quickly. Therefore choose an insurance policy that works with appraisal value.

✅ 2. Value guarantee & appraisal insurance

✔ No depreciation within the first years.
✔ Based on appraisal value , not current value.
✔ Coverage for the increase in the value of rare cars.

💡 If you have a car that increases in value, a valuation policy prevents you from getting less paid in the event of damage.

✅ 3. Damage repair at brand dealers

✔ Repairs at official brand dealers or recognized supercar specialists.
✔ Use of original parts (no imitation).
✔ No standard damage repair with universal garages .

💡 Standard insurance can oblige you to have the car repaired with cheaper damage repairers. This can affect the value of your car.

✅ 4. Theft insurance with advanced security

✔ Coverage with theft worldwide .
✔ Reimbursement for joyriding and burglary damage .
✔ Vehicle tracking systems and SCM approved alarms can provide a premium discount.

💡 Many insurers require a SCM class 3 alarm system and a GPS tracker.

✅ 5. Roadside assistance and excluding replacement transport

✔ 24/7 breakdown assistance in the Netherlands and Europe.
✔ Custom replacement transport (for example a similar luxury car instead of a standard rental car).

💡 A standard insurance gives you a normal rental car, while an exclusive insurance offers a similar class car.

✅ 6. Trackday coverage (for sports and supercars)

✔ Special coverage for damage on the circuit (not included as standard).
✔ Protection against racing-related damage .

💡 Not all insurance policies cover damage that arises during trackdays. Do you want to drive circuit days? Then choose an insurance with trackday coverage.

3. What does a supercar or luxury car insurance cost?

The premium of an exclusive car insurance depends on various factors:

📌 The catalog value of the car - the more expensive the car, the higher the premium.
📌 The type of vehicle - a Bugatti has a higher insurance risk than an Audi RS6.
📌 Age and driving experience of the director - young drivers pay a higher premium.
📌 Number of kilometers per year - the less you drive, the lower the premium.
📌 Security -A car with an SCM-Good alarm system or vehicle tracking system receives a discount.

💰 Indication of the costs:
🔹 luxury sedan (eg Mercedes S-Class, BMW 7 series) -from € 100 to € 300 per month .
🔹 sports car (eg Porsche 911, Ferrari F8 Tributo) - from € 200 to € 700 per month .
🔹 Supercar or Hypercar (eg Lamborghini Aventador, Bugatti Chiron) - from € 500 to € 1,500 per month .

💡 Do you want an exact premium? Request a quote from Finass insures insures .

4. How do you choose the best exclusive car insurance?

To get the best coverage for your luxury car or supercar, follow these steps:

✔ 1. Choose a specialized insurer

Regular insurers can be limited in coverage and damage settlement. Choose an insurer with experience in exclusive vehicles .

✔ 2. Check the valuation of your car

Ask if the insurance works with:
✅ Purchase value guarantee - benefit based on the original purchase price.
✅ Appraisal policy - The car is valued in advance, so that you are insured at the real market value.

✔ 3. Note the security requirements

Many insurers require extra security, such as:
🔒 SCM-Good-approved alarm (class 3 or higher).
📡 GPS follow-up system for quick finding with theft.

✔ 4. Choose global breakdown assistance and exclusive service

A Supercar deserves an exclusive service. Choose an insurance policy that:
🚗 offers
customized transport transport ✈ international coverage for travel in Europe or beyond.

💡 Always ask for a customized quote from a specialized insurer such as Finass insures .

💡 Do you want to optimally protect your supercar or luxury car? Request a quote from Finass insure and discover the best insurance for your dream car! 🚀

Villa home insurance: what extra coverage do you need for exclusive living?

A villa or luxury home is a valuable possession, often with exclusive materials, special architecture and extra facilities such as a swimming pool, thatched roof or home automation systems. But how do you ensure that your exclusive home is optimally protected against damage caused by fire, storm, burglary or flooding ?

A standard home insurance often offers insufficient coverage for luxury buildings, which means that specialized Villa-Opstal insurance is necessary. In this blog you discover which extra coverage is important to fully protect your exclusive home.

1. Why does a villa need extra home insurance?

Luxury homes entail specific risks and higher repair costs in the event of damage. This is due to:

🏡 Exclusive building materials - Think of marble, natural stone, wicker roofs and custom woodwork.
🔥 Higher fire risk - villas often have a large surface, open fireplaces and luxurious electrical installations .
🌪 Storm and nature risks- Detached villas with large glass parts and roof gardens are more sensitive to storm damage.
🔑 Higher burglary risk - luxury homes and country houses are more often the target of theft and vandalism.
💦 Water damage and leakage - Villas often have extensive water installations such as jacuzzis and indoor swimming pools.

💡 A standard home insurance often offers too little coverage for luxury homes. A specialized Villa-Opstal insurance will fully protect your exclusive home.

2. What does a Villa-Opstal insurance cover?

A Villa Opstal insurance offers more extensive coverage than a standard policy and protects the construction and outbuildings of your home.

✅ Cover for exclusive building materials - full reimbursement for marble, natural stone and custom interior.
✅ Fire damage and smoke damage - including damage due to extinguishing work and smoke development.
✅ Storm and hail damage- Recovery of damaged roofs, facades and frames.
✅ Water damage - leaks, floods and jumped pipes.
✅ Burglary and vandalism - repair of damage to doors, windows and security systems.
✅ Damage to outbuildings - swimming pools, garages, pool houses and greenhouses are co -insured.
✅ Glass insurance - coverage for damage to large windows, serreg glass and luxury glass walls.

📌 Note: A standard home insurance often reimburses up to € 1 million , which can not be sufficient for a luxury home.

💡 Do you doubt whether your villa is well insured? Request advice without obligation from Finass insures .

3. What extra coverage do you need for exclusive living?

In addition to the basic coverage, there are additional insurance policies that may be necessary for a luxury home:

🏠 1. Wicker roof coverage

Do you have a villa with a thatched roof ? Many insurers have a higher deductible or exclude wicker roofs. A special Villa insurance offers complete protection without extra premium.

🛠 2. Restoration & monument coverage

Do you live in a monumental villa or historic country house ? Recovery costs are often higher due to specialist craftsmanship and rare building materials.

💎 3. Higher insured amount

Regular building insurance often cover a maximum of € 1 million . Villa insurance offers coverage up to € 5 million or more , depending on the value of your home.

🌳 4. Garden and landscape coverage

Luxury gardens, fountains, statues and exclusive outdoor spaces can be co -insured.

🛡 5. Contents and art collections

Many villas contain valuable household effects such as art, jewelry and antiques. An exclusive valuable insurance offers extra protection against damage or theft.

🔑 6. Burglary prevention and alarm systems

Some insurers give a premium discount if your villa is equipped with a certified alarm system .

💡 Do you want customized insurance? Request a quote from Finass insures .

4. How do you prevent underinsurance?

Underverzekering is a big risk with luxury homes. This means that your villa not fully insured for the actual rebuilding value, so that you get a lower fee than necessary in the event of damage.

💡 How do you prevent underinsurance?

📌 Have a valuation performed - ensure a realistic estimate of the reconstruction value.
📌 Select an insurance with a guarantee against underinsurance - this prevents you from receiving too little in the event of damage.
📌 Check your coverage regularly - the value of your home can rise due to renovations or price increases in the construction sector.

📌 Note: If your villa is not sufficiently insured , you can have to pay extra for repair costs in the event of damage.

5. What does a home insurance cost for a luxury villa?

The premium of a home insurance policy for a luxury home depends on several factors:

📌 The rebuilding value - the higher the value, the higher the premium.
📌 The location - Villas in wooded or remote areas run an additional risk of fire and burglary.
📌 Building materials - Exclusive materials such as natural stone and reed increase the premium.
📌 Level level - Extra coverage for swimming pools, art collections and security increase the premium.

💰 Indication of the costs:
🔹 luxury home with standard coverage - premium from € 75 to € 200 per month .
🔹 Exclusive villa with customization and wicker roof - premium from € 250 to € 600 per month .

💡 Do you want to know what an insurance policy costs for your villa? Request a free quote from Finass insures .

6. How do you take out a Villa Opstal insurance?

Do you want to be sure that your luxury home is optimally insured? Follow these steps:

1️⃣ Determine the rebuilding value - have your home appraised to prevent underinsurance.
2️⃣ Compare coverings and premiums - choose an insurance policy that matches the value and luxury of your villa.
3️⃣ Request a quote from Finass insure - our specialists help you with a customized policy.
4️⃣ Take out the insurance and optimally protect your home!

💡 Do you want to optimally protect your villa? Request a quote from Finass insure and discover the best insurance for your luxury home! 🚀