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
Rubber burns hot, long and with dense black smoke. A fire in a tyre store therefore rarely stays within the rack where it starts: soot settles on contents, stock and the neighbours' building. Insurers translate that into underwriting conditions on the number of tyres per compartment, the height of the racking and the separation between store and workshop.
The second risk is the fitting itself. A wheel bolt not tightened to specification can work loose long after your invoice, causing damage and injury at the roadside. That is a wrongful act within the meaning of Article 6:162 of the Dutch Civil Code. The consequential damage is usually covered, but the tyre and the rim you fitted yourself normally fall outside the cover as the item worked on.
Seasonal storage comes on top of that. During changeover periods you have complete sets belonging to customers on your premises. That property is in your in your care and is excluded without a separate module. We set the care, custody and control limit to your peak stock rather than your average. See also the structure of the garage insurance.
What does motor trade insurance cover for tyre businesses?
The structure of the cover in three parts, with an overview per situation below.
The basics
Liability
AVB for property damage and injury, BAV for professional errors.
Damage to third parties
Employers' liability
Care, custody and control as an extension
Your business
Assets and continuity
Business contents, goods and lost turnover during downtime.
Business contents at replacement value as new
Goods at cost price
Business interruption or additional costs
If you employ people
Staff
Sickness absence, accidents and the traffic risk.
Continued pay for 104 weeks
Group personal accident
WEGAS for traffic risks
What is covered
Situation
AVB
BAV
Cyber
Injury to a visitor or customer
Yes
No
No
Damage to a client's property
Sometimes
No
No
Financial loss caused by an advisory or calculation error
No
Yes
No
Downtime after a ransomware attack
No
No
Yes
Data breach involving personal data
No
Sometimes
Yes
Damage to property in your care
No
No
No
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits 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. Taking out cover without advice? Then read what execution only means for you.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
The torque setting determines your liability
A wheel that comes loose can almost always be traced back to fitting: the wrong bolts, a torque setting that differs from specification or no retorque arrangement. The consequential damage to the vehicle and to third parties can be recovered under the liability cover, but the cost of the tyre, the rim and the further work you supplied yourself falls outside the policy as damage to the item worked on. Record the torque setting and the retorque advice on the job sheet.
The quantity in store is a hard condition of acceptance
The policy schedule almost always states how many tyres you may store and where, with requirements on compartmentation and on separation from the workshop. If you stack tyres outside against the wall or start filling a second space, you are departing from the situation declared and payment can be limited in the event of fire. Report any extension of your storage before you bring it into use.
Customers' tyres in seasonal storage are in your care
Winter sets you keep belong to your customer and are in your care. Without a care, custody and control module, no section pays for their replacement after fire, theft or water damage. Because during changeover periods that stock is several times your own trading stock, the limit must be set at that peak. Keep records for each customer; when you claim, that is your only evidence of the amounts involved.
Mobile tyre service is a road risk
If you go out to breakdowns on truck or agricultural tyres, your fitters are working at the roadside or on a yard. Liability insurance excludes damage caused with or by motor vehicles. The compulsory cover under Article 2 WAM applies to the service van instead. For injury to your own fitter in traffic, additional road traffic cover is needed, because the AVB does not cover it.
What does your premium depend on?
Number of tyres in store. The declared quantity per compartment determines the fire premium.
Compartmentation and firefighting equipment. Separation from the workshop, fire-resisting walls and detection reduce the risk.
Size of the seasonal store. The peak value of customers' tyres determines the care, custody and control limit you need.
Share of truck and agricultural tyres. Heavy equipment means heavier lifting, higher component values and more outdoor work.
Mobile service at the roadside. Turning out onto the public road raises both the injury and the road risk.
Annual turnover and payroll. Fitting, sales and storage turnover together with the number of fitters form the basis.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your activities, turnover and wishes.
We compareseveral insurers, on premium as well as conditions.
You receive a proposalWith an explanation of the differences and the exclusions.
We arrange the switchIncluding cancellation, so there is no gap in cover.
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.
Only with a care, custody and control module and within its limit. This is third parties' property in your care, and that is excluded as standard on liability cover. Because the quantity stored rises sharply during changeover periods, you must base the limit on the peak. Declare seasonal storage separately in your application.
What happens if I store more tyres than declared?
Reality then differs from the situation on which the insurer accepted the risk. In the event of fire that can lead to a reduced or refused payment, because the quantity stored is a condition on the policy schedule. Reporting an extension costs a premium adjustment. Not reporting it can cost you the whole fire claim.
Is the tyre I fitted incorrectly covered itself?
Usually not. Damage to the item you supplied or worked on is excluded on virtually every liability policy. That is a business risk and not an insurable loss. What goes wrong afterwards is another matter: damage to the vehicle and to third parties caused by the wheel coming loose is covered in principle.
Is my service van insured on the motor trade policy?
Third-party liability for the driving itself runs through Article 2 WAM and belongs to the motor policy, not to the liability section. Tools and equipment in the van can fall under the contents cover or separate tools cover, but only if the van has been declared as a storage location and meets the security requirements imposed.
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
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