Nationale · compared independently · advice from Finass
Buildings insurance through Nationale-Nederlanden
Nationale-Nederlanden's buildings product is the standard form for the owner-occupier: the value follows from a completed rebuild value calculator and a guarantee against underinsurance is attached to it.
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
With this form you do not set the sum insured yourself. You complete a rebuild value calculator with the volume of the home, the year of construction, the number of floors, the roof covering and the level of finish. On that basis the insurer works out the rebuild value. As long as the calculator is completed correctly and in full, a guarantee against underinsurance applies: if a claim reveals that the sum was too low, the full loss is still paid.
That guarantee is conditional. If the volume declared is wrong, if an extension or dormer window has not been reported, or if the home has since been finished to a higher standard, the guarantee lapses and payment is proportionate. We go through the calculator with you and diarise that it is completed again after a refurbishment. See also the general explanation on our page buildings insurance.
Buildings insurance covers the building, not your belongings inside it. Floor coverings, curtains and appliances belong to the home contents insurance. The line between the two does not always run where people think: a run of kitchen units and sanitary ware belong to the structure, a free-standing cupboard does not.
Through Finass or direct with Nationale-Nederlanden?
The structure of the cover in three parts, with an overview per situation below.
Basic cover
The basic cover insures the essentials. We show what Nationale-Nederlanden and other insurers offer here.
Fire & lightning strike
Storm & precipitation
Explosion & induction
Smoke & soot damage
Extended cover
As well as fire and storm, also burglary, theft and water damage to your home.
Burglary, theft & vandalism
Rebuilding at rebuild value
Glass breakage
Comprehensive cover
The most complete cover. We compare Nationale-Nederlanden's extended versions with the market.
Clearance costs & costs of mitigating the loss
All external causes
Solar panels & installations & paving
Solar panels & installations
What is covered
Situation
Standard
With extension
Fire, smoke and lightning strike
Yes
Yes
Storm from force 7 upwards
Yes
Yes
Water damage from a burst pipe
Yes
Yes
Glass breakage
Provided it is declared
Yes
Groundwater coming through the floor
No
No
Wear and deferred maintenance
No
No
What we do
What we do
At Finass
Direct with Nationale
Comparison across several insurers
Yes
No
Advice based on your own situation
Yes
Sometimes
One point of contact for claims
Yes
Sometimes
Cancellation with your current insurer arranged
Yes
No
We determine whether Nationale is the best choice
Yes
No
Advice fees for you as a customer
No
No
This overview concerns our service, not the cover. What is actually covered is set out in the policy conditions and on the insurer's insurance card (verzekeringskaart); you receive both before you take out cover.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
The rebuild value calculator is a declaration, not a form-filling exercise
Everything you enter in the calculator is information on which the insurer bases its acceptance. If you forget the extension, the dormer window or the garage, the calculated value is too low and the guarantee against underinsurance lapses at precisely the moment you need it. Enter the volume from the building drawings, not by feel, and update the calculator after every extension or major renovation.
A flat or a family home: those differ entirely
If you live in a flat, the owners' association insures the whole building on one buildings policy. You do not take out a second buildings policy alongside it. That creates double cover which does not pay out twice. What you do arrange separately is the owner's interest: improvements you have made in your own flat, such as a new kitchen or bathroom, and the excess the VvE can charge on to you.
Water from the pipe yes, water from the ground no
A burst pipe, a leaking cylinder or a failed washing machine connection falls within cover, including the breaking out and making good needed to trace the leak. Water coming in at ground level or through the crawl space falls outside it: groundwater, sewage backing up and flooding from a watercourse are excluded as standard. We explain that difference on our page about water damage and buildings insurance.
What a home policy structurally does not cover
Outside cover: repairs to foundations due to ground settlement, drying out or pile rot, damage resulting from deferred maintenance to the roof, gutters or pointing, and attack by vermin, woodworm or dry rot. Wear and tear of window frames and slowly penetrating damp also fall outside. If you let rooms or the whole home, the risk changes and you must report this under Article 7:928 of the Dutch Civil Code.
Business interruption insurance
Machinery & installations
What does your premium depend on?
Result of the rebuild value calculator. Volume, number of floors and level of finish together determine the sum insured.
Year of construction and state of maintenance. Older homes with wooden floors and old wiring are assessed differently.
Roof covering and construction type. Brick with tiles against timber or thatch: the fire risk differs considerably.
Postcode area. Burglary figures and the likelihood of storm and hail damage differ by region.
Solar panels and fixed installations. Panels on the roof, a heat pump or a charging point are weighed separately.
Type of cover and excess chosen. Extended or all-risks, and the amount you bear yourself per event.
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.
Does the guarantee against underinsurance always apply?
No, only as long as the rebuild value calculator is completed correctly and in full and is up to date. If it emerges after a claim that the volume was understated or that an extension is missing, the guarantee lapses and payment is proportionate. So complete the calculator on the basis of actual measurements and update it as soon as you extend, finish a cellar or raise the level of finish.
Are solar panels on my roof included?
Panels permanently mounted on the roof are usually regarded as part of the structure. That is not automatic, however: some policies name them separately or set a limit on the number. Always report the installation, not least because the weight and the fixing are relevant to the insurer. Lost generation income after a claim is in general not paid.
Who insures the building if I own a flat?
The owners' association takes out one buildings policy for the whole block. Those costs run through your service charge. You do not take out a buildings policy of your own alongside it. What is sensible is cover for owner's interest, for the kitchen, bathroom or floor you installed yourself, and for the excess the VvE can charge on to you after a claim.
Does the policy cover repairs to foundations affected by pile rot?
No. Pile rot, ground settlement and subsidence through drying out are gradual processes and not a sudden event; home policies exclude them. What is covered is damage to foundations that is the direct result of an insured cause, for example an explosion. When buying a home in a risk area, a structural survey is more useful than expecting the insurance to absorb this later.
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.
