What we do not do
- No sustainability loans
- No mortgage advice
- No grant applications
Insulation: financing and insurance
We arrange insurance. We do not lend money and we do not act as an intermediary for credit. What we do here is explain how to assess a finance offer for insulation and what you need to tell your insurer about the work.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
- Personal 072 - 509 24 56, weekdays 9–17
This page in another language: Nederlands
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
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
- Independent advice
- Several insurers
- Switching arranged
- Help with claims
In brief
Please note: borrowing money costs money. Insulation is often paid for out of your own funds, by increasing your mortgage or with a separate sustainability loan. All three lead to a different assessment, and the last two count as credit. Compare offers on the annual percentage rate (APR) rather than on the monthly payment. The APR brings interest and charges together in a single percentage per year.
Finass Verzekert advises on and arranges non-life insurance. Consumer credit and mortgage credit fall under a different licence category, so we do not arrange that finance and do not advise on it. A provider with an AFM licence consults the BKR for credit of € 250 or more with a term of longer than one month.
What we do do: check whether your buildings insurance still fits. Major building work changes both the risk and the rebuild value. Under 7:928 DCC you must disclose all relevant facts when taking out a policy. If your situation changes significantly afterwards, report that as well.
Insurance never stands alone
A mortgage, loan or investment often touches your insurance too. We look at the bigger picture and point you to the right specialist whenever something falls outside insurance itself.
FinancialPhoto coming soon
OverviewPhoto coming soon
AdvicePhoto coming soon
Who does what in an insulation project?
Three cards showing where our role ends and where the lender's begins.
What to look out for
The points that determine what the project really costs you.
- The APR of the offer
- The term against the service life
- Penalty-free repayment
What we do provide
What you can come to us for, during and after the work.
- Buildings and contents
- Liability
- Cover during building work
What is covered
| Situation | At Finass Verzekert | With the licensed provider |
|---|---|---|
| Sustainability loan or mortgage increase | No | Yes |
| An income and BKR (the Dutch credit register) check | No | Yes |
| Statutory credit information and APR | No | Yes |
| Buildings insurance and rebuild value | Yes | No |
| Reporting major building work | Yes | No |
| Liability during the works | Yes | No |
What is actually covered, including exclusions and the excess, is set out in the insurer's policy conditions and insurance card (verzekeringskaart).
What to look out for when comparing
- Annual percentage rate: the only figure that lets you compare offers fairly
- Term: do not borrow for longer than the measure can reasonably be expected to last
- Total cost of credit: what you have paid in total above the amount you borrowed
- Penalty-free repayment: whether you can make extra repayments without a charge or a threshold
- BKR check: compulsory from € 250 and a term longer than one month
- AFM licence: check the provider in the AFM's public register
This overview is general in nature and is not personal advice.
How it works
- You will read what to look out forThis page explains which figures make a finance offer comparable.
- You compare licensed providersFirms with an AFM licence calculate how much you can borrow and assess it.
- You report the workYou notify your insurer of major works in advance.
- We review your policyWe check the rebuild value and the cover after the work.
Why arrange it through Finass Verzekert?
We look at the terms as well as the premium, and stay your point of contact when there is a claim.
Independent
We are not tied to one insurer and compare on the basis of an objective analysis of several companies.
One fixed adviser
You call or email someone who knows your file. No menu options, no changing call centres.
Switching without hassle
We cancel your old policy and align the start date, so you are never a day without cover.
Help with claims
We report the claim and monitor how it is handled. In urgent cases you can reach us on the emergency line.
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.
Where things go wrong in practice
Four points that decide whether an insulation project turns into a disappointment.
Do not borrow for longer than the measure lasts
A long term lowers the monthly payment and raises the total cost of credit. With insulation, some measures also last longer than others. Compare on the annual percentage rate and on the total price of the credit, and check whether you can repay without penalty if you later decide to use your own money after all.
Damage during building work is not automatically covered
Buildings insurance covers damage to the building, but usually not the contractor's own mistake. Damage caused by a construction fault, defective work or an inherent defect is excluded in virtually every policy. For larger works the contractor covers this through their own liability or construction all risks (CAR) insurance; ask about that in advance.
Damp and mould after retrofit insulation
Retrofit insulation can change how moisture behaves in a home. Gradually operating influences, damp, mould and construction faults appear as exclusions in virtually every buildings policy. Insurance therefore does not repair what a badly executed measure causes. Have the work documented and keep the installer's guarantee.
Report the work and review the rebuild value
If your home is in scaffolding for months or the roof is open, that is a change of risk. If you do not report it, the insurer may limit the payout; 7:930 DCC governs the consequences of a breach of the duty of disclosure. Building work also changes the rebuild value, which can lead to underinsurance.
Frequently asked questions
This is what people ask us most.
Does Finass Verzekert arrange a loan for insulation?
No. We advise and act as an intermediary solely for general insurance. A sustainability loan or an increase in your mortgage falls under a different licence category. For that you should go to a provider or adviser with the appropriate AFM licence. We will, however, check whether your buildings and home contents insurance still match the renovated property.
Do I have to report building work to my insurer?
For major building work, yes. Scaffolding, an open roof or a long period standing empty change the risk. Most policies therefore require prior notification. If you do not report it and damage arises that is connected with that change, the insurer may reduce or refuse the payout under Article 7:930 of the Dutch Civil Code.
Does my buildings insurance cover damage caused by the installer?
Usually not. Damage caused by defective work, a construction fault or an inherent defect is almost always excluded. For that damage you address the contractor, who should hold public and employers' liability insurance (AVB) or construction all risks (CAR) insurance. Ask for proof of insurance beforehand and put the assignment in writing.
Does insulation change my rebuild value?
Often it does. Anyone insulating usually also renews the facade, the roof or the window frames. That raises the amount needed to rebuild the property after a total loss. Have the rebuild value reassessed, or you run the risk of underinsurance and a proportionately lower payout.
Can I borrow for insulation without a BKR check?
In the Netherlands, practically not. Licensed providers consult the BKR (the Dutch credit register) for credit from € 250 with a term longer than one month. Parties claiming otherwise usually do not hold that licence. You then lose the statutory information rights and the right of complaint that come with a licence holder.
Every situation is different. For these situations we have a separate page.
- Finance: we refer you onThe main page
- How much can I borrow?Please note: borrowing money costs money, APR, BKR check
- Financing and insuring a renovationNo finance advice, building work, referral
- Save or borrow?Please note! Borrowing money costs money, APR, buffer
- Commercial property: financing and insurancePlease note: borrowing money costs money, buildings, loss of rent
- Information about property financeNo finance advice, information, referral
- Property finance and your insuranceNo finance advice, insuring the security, referral
- Property portfolio: financing and insuranceNo finance advice, portfolio, referral
Is your policy still right after the work?
We compare offers from several insurers and check whether the cover and the rebuild value still match your home.
Prefer to call? 072 - 509 24 56, weekdays 09:00–17:00.
Claim on the road? Emergency line 06 - 55 20 40 72.
About our service
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.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
This page was compiled by Finass Verzekert (LinkedIn). Last updated on .
The information on this page is general in nature and is not personal advice.