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.
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
Own goods in transit insurance covers the things you carry yourself for your own use or for delivery to your customer: hand tools, machinery, measuring equipment, materials and stock. The motor policy insures the vehicle itself. If the side door is forced, the motor insurer pays for the bodywork and the lock; the contents of the load space are on this policy or nowhere.
The heart of this page is the valuation. You insure an amount you state yourself, and that amount has to match what it costs to buy everything again. An inventory with makes, types and serial numbers is the starting point for that and, when you claim, your supporting evidence at the same time. Anyone who insures for too little faces underinsurance and a proportionately lower payment.
You can read more about the conditions on which the cover applies — overnight storage, security, emptying the van — on carrying your own goods: what you need to know. If you carry other people's goods for payment, this policy is not the right one; in that case look at goods in transit.
The structure of the cover in three parts, with an overview per situation below.
The basis
Actual value
What the cargo is actually worth.
Not capped per kilogram
Regardless of who is liable
Including freight and costs
The difference
Liability
What a carrier bears at most.
CMR: 8.33 SDR per kilo
AVC: € 3.40 per kilo
Rarely the actual value
Optional
Type of cover
From limited to all risks.
All external perils
Limited perils
Storage in transit
What is covered
Situation
Carriers' liability
Goods in transit
Damage from an accident, up to the weight limit
Yes
Yes
Damage above the weight limit
No
Yes
Theft of the cargo
Sometimes
Yes
Damage with no identifiable fault
No
Yes
Storage during the journey
No
Sometimes
Inherent defect or inadequate packaging
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 load space is not part of the vehicle
Comprehensive cover on the company van insures the van: bodywork, glass, engine and fixed fittings. Loose items in the load space are not a component of the vehicle and are not included, not even when they are secured in a racking system. If the van is broken into, the repair of the door runs through the motor policy and the stolen contents through this insurance. Two policies, two claims, two excesses.
Insure at replacement value, not at book value
The book value of your tools says nothing about what you have to pay to be able to work again tomorrow. So calculate with the purchase price of new, comparable equipment and include batteries, measuring instruments and consumables. Article 7:960 of the Dutch Civil Code provides that you never receive more than your actual loss, so insuring for too much achieves nothing; insuring for too little costs you part of the payment on every claim.
What falls outside the cover
Not covered as standard are money and securities, personal property of your own or of your employees, and goods that belong to third parties and are in your care. Wear and tear, rust, deterioration and inherent defect of the equipment fall outside it as well, as does damage caused by items lying loose in the load space and knocking against each other. Securing the load is your responsibility, not the insurer's.
Tell us if the character of your load changes
The statement you make when taking out the policy is the basis of the premium and of the cover; Article 7:928 of the Dutch Civil Code obliges you to make that statement fully and correctly. If you start carrying expensive measuring, welding or inspection equipment, or the stock you have with you increases as a matter of course, let us know. An increase in risk that only comes to light after a claim leads to argument about the amount of the payment.
What does your premium depend on?
Sum insured per vehicle — The amount you declare per van is the main basis on which the premium is calculated.
Nature of the goods carried — Hand tools are weighted differently from electronic measuring equipment or cordless tools, which are stolen more selectively.
Number of vehicles — Several vans on one policy produce a different structure from a single van.
Security of the vehicle — Additional locks, an alarm system or a tracking system count in the assessment of the theft risk.
Where the vehicle is kept — Where the van stands at night largely determines the risk the insurer runs.
Excess and type of cover — A higher excess or cover limited to named events lowers the premium at the cost of the scope.
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.
No. Own-damage or comprehensive cover insures the vehicle and the fixed fittings, not the loose items you carry in it. After a break-in the motor policy pays for the damaged lock and the door, while the stolen tools are only paid for if you have taken out own goods in transit insurance for them.
What is the difference from goods in transit insurance?
Own goods in transit insurance is about property that belongs to you and that you carry yourself. A goods in transit insurance is intended for cargo you carry for a client or that you have in transit as seller or buyer. The question of who owns the cargo determines which of the two you need.
Are tools covered if they disappear from the building site?
Not automatically. The cover attaches to the carriage and to the vehicle; as soon as you leave things outside the van on a job or in a site hut, that is a different risk. Some policies have an extension for this with requirements as to locking and supervision. Ask about it expressly if you regularly leave materials on site.
Are hired or borrowed machines included?
Only if they have been declared. As standard the policy covers property that belongs to you; a hired breaker or borrowed measuring equipment belongs to someone else and comes under the provision on third-party property. If you regularly hire in equipment, say so when taking out the policy so that the cover is adjusted accordingly.
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.
