Customer cars · care, custody and control · trading stock
Compare motor trade insurance
A garage is filled almost entirely with other people's cars. That is exactly what makes ordinary public and employers' liability insurance unsuitable: it excludes property in your care as standard.
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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 your own premium with the calculator.
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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
Motor trade insurance (garageverzekering) is a combined policy for motor businesses. Its core section is cover for customers' cars: during repair, in the workshop, on the premises and on test drives. On an ordinary AVB that falls under the care, custody and control exclusion and is not covered.
The policy also includes workshop liability for faulty work on vehicles you have repaired, trading stock for cars you own yourself, and business contents for the ramp, tools and equipment.
For journeys in customer or stock cars you use a trade plate. Those journeys fall under the motor trade policy, provided the use has been declared correctly and the trade plate is used in accordance with the rules.
The structure of the cover in three parts, with an overview per situation below.
The core section
Customers' cars
Vehicles belonging to customers that you have in your care.
In the workshop
On the premises
On test drives
Faulty work
Workshop liability
Damage caused by a fault in a vehicle you have repaired.
A wheel fitted incorrectly
A leak that was missed
Consequential loss to the customer
Your own cars
Trading stock
Vehicles you own, on the premises or in the showroom.
Theft and vandalism
Hail and storm damage
The value fluctuates
What is covered
Situation
Garage policy
AVB
Damage to a customer's car in the workshop
Yes
No
A collision on a test drive
Sometimes
No
A repair fault causing consequential damage
Yes
No
Theft from the trading stock
Sometimes
No
Injury to a visitor in the showroom
Yes
Yes
Theft with keys left out and no procedure in place
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.
Key management is the classic dispute
Theft of a customer's car using keys left lying around the premises is a recurring claim. Insurers ask how you store keys: in a locked cabinet, out of sight, separate from registration documents. Set that procedure down in writing and stick to it; it is decisive when you claim.
Test drives and the trade plate
Journeys in customer or stock cars fall under the policy, but only if the use has been declared correctly and the trade plate is used in accordance with the rules. Journeys outside that — private use, for example — are not covered, and the insurer will then recover the third-party loss from you.
Workshop errors have a long tail
A wheel that is not torqued correctly or a leak that is missed can cause an accident weeks later. The consequential loss is then many times the cost of the repair. Document what work was carried out and which defects you reported but the customer chose not to have put right; that defence cannot be reconstructed later.
Storage and overnight security
Cars left outside overnight are an underwriting question. Fencing, lighting, cameras and an alarm all count, and at higher stock values insurers impose additional requirements. Report any change in your storage arrangements; theft cover depends on it.
What does your premium depend on?
Annual turnover and number of staff
Number of customers' cars on the premises — the main basis for calculation
Value of the trading stock
Type of activities — servicing, accident repair, sales or tuning
Security and storage
Claims history and excess
Insurers weigh these details differently. That is why comparing pays off.
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.
That is the core section of motor trade insurance. On an ordinary public and employers' liability policy they fall under the care, custody and control exclusion and are not covered.
Are test drives covered?
Yes, provided the use has been declared correctly and the trade plate is used in accordance with the rules. Private use falls outside it.
What if I make a mistake during a repair?
That is workshop liability. The consequential loss can be many times the cost of the repair itself, particularly where there is injury as well.
Is theft using keys left out covered?
That depends on your key procedure. Insurers ask how keys are stored; without a demonstrable procedure your position is weak.
Is my trading stock insured as well?
As a separate section with its own sum insured. Keep that amount up to date; stock values fluctuate considerably.
What if I also do tuning or accident repair?
Report it. Those activities are assessed separately and may lead to different conditions or a higher premium.
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.
