Almost no Harley is still as it left the factory, and that makes establishing the value, rather than the form of cover, the hardest part of this policy.
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 situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
You insure a Harley-Davidson as a motor vehicle, with third-party liability as the statutory minimum and above that third-party, fire and theft or comprehensive. What is different with this make is that the settlement on theft or total loss does not come out right by itself. A list price describes a specification that is barely seen on the road, while the exhaust, handlebars, seat, panniers, chrome and paintwork make up a considerable part of the actual value.
The solution is a agreed value valuation: an expert establishes the value and records it in a report. Under Article 7:960 of the Dutch Civil Code you may not end up better off from an insurance policy, but a valid agreed valuation binds the insurer to the amount established. Without a report you remain dependent on an estimate after the event, with receipts that are no evidence of value.
There is also, more often than elsewhere with this make, the question of whether the machine is still technically what the registration says. Modified frame parts, a different engine or altered steering are not accessories but changes to the vehicle.
The structure of the cover in three parts, with an overview per situation below.
Compulsory by law
Third-party liability
Damage you cause to others with your motorcycle.
Compulsory from registration onwards
Damage to other vehicles
Injury to third parties
Most chosen
Third-party, fire and theft
Theft, fire, storm and glass damage.
Theft with an ART lock
Fire and storm
Collision with animals
For a new motorcycle
Comprehensive
Including your own fault and a single-vehicle fall.
Single-vehicle fall
Vandalism
Unknown party at fault
What is covered
Situation
Third-party liability
Third-party, fire and theft
Comprehensive
Damage to another road user
Yes
Yes
Yes
Theft with an approved lock
No
Yes
Yes
Fire or storm in storage
No
Yes
Yes
A single-vehicle fall with no other party
No
No
Yes
Motorcycle clothing and helmet
No
No
Sometimes
Track use and speed competitions
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.
An agreed valuation records what a list price does not see
A valuation report describes the machine as it is now, including add-ons and finish, and binds the insurer to that amount on a total loss. Such a report has a limited period of validity. If it expires, you fall back on market value. Have it revalued after every major modification, because on these machines the configuration changes faster than the policy. Keep the report away from the machine.
A modified frame or engine is more than an accessory
If work is done on the frame, engine, steering or brakes, the vehicle itself changes. Some modifications require an inspection and an amendment of the registration details. If the machine is not registered as it is ridden, you have two problems at once when a claim is made: an argument with the insurer about the duty of disclosure, and a vehicle that is formally not permitted on the road.
Chrome and paintwork cannot be partially repaired
Damaged chrome is replaced and damaged paintwork is resprayed, often not only on the part that was hit but on the adjoining panel as well to avoid a difference in colour. Hand-painted or layered paintwork is moreover not easy to reproduce. So ask in advance whether such finishing falls within the valuation and what new-for-old deduction the insurer applies to replaced parts.
Low mileage means long storage and a different risk
These machines generally cover limited mileage and stand still for most of the year. That shifts the emphasis from riding risk to fire and theft risk at the storage address. Insurers include clauses about that: a locked space, an anchored lock, sometimes a tracker. If the machine is regularly kept somewhere other than the policy address, that address has to be correct, otherwise the theft cover is open to challenge.
No theft cover without an approved lock
Almost every insurer requires an ART-approved lock, often category 4 or higher, and for more expensive motorcycles a tracker or locked storage. Keep the purchase receipt for the lock and both keys. These are the first things asked for in a claim.
Clothing and helmet belong separately on the policy
Motorcycle clothing does not fall under the own-damage cover for the motorcycle. Some insurers offer an extension, sometimes only in combination with an accident in which the motorcycle was also damaged. For a full suit plus helmet, the amount quickly exceeds a thousand euros.
What does your premium depend on?
Valued amount according to the report. With an agreed valuation the amount in the report is the basis, not the list price.
Engine capacity and weight class. Heavy cruisers fall into a different class from lighter machines with less torque.
Value of the add-ons. Exhaust, handlebars, seat, panniers and chrome increase the sum to be paid and therefore the premium.
Storage address and type of storage. A locked garage at the policy address is assessed differently from a carport or the public road.
Security level. An ART-approved lock and possibly a tracking system are often a condition of acceptance at these values.
Declared annual mileage. Low mileage can work in your favour, but is checked against the odometer reading when a claim is made.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
You request a quoteWe take stock of your situation, your risk and your 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.
Because that value describes the standard specification. Exhaust, handlebars, seat, panniers, chrome and paintwork fall outside it and on these machines represent a substantial part of the whole. Without a valuation or a separate declaration you are paid for the bare model on theft or total loss and pay for the build-up again yourself.
How long does a valuation report remain valid?
An agreed valuation has a period stated in the policy conditions. While it runs, the insurer is bound to the amount. After that, settlement falls back on market value and the report is effectively of no further use. Put the end date in your diary and have it revalued, certainly if anything has been added or resprayed since the report.
Do I have to report a different engine or a modified frame?
Yes, and not only to the insurer. Work on the frame, engine, steering or brakes can require an inspection and an amendment of the registration details. If you do not report it, the insurer can rely on the duty of disclosure when a claim is made and reduce or refuse payment. Keep invoices and inspection documents with the valuation report.
Is damaged paintwork or chrome paid for in full?
Usually it is replaced or resprayed, with a new-for-old deduction on parts subject to wear, and with your excess taken off. Special paintwork is insured only where it is included in the valuation. Ask in advance whether adjoining paintwork is included, because a partial respray almost always leaves a difference in colour.
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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