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 situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
The bodywork is the core problem here. Panels are built up from carbon fibre that stays visible, sometimes in combination with titanium. On a painted panel, paint damage can be repaired locally; on exposed carbon with a clear finish that is virtually impossible without a difference in colour and weave. In practice the whole panel is replaced. That explains why a scratch or a scrape here calls for a payment that would be unthinkable on an ordinary sports car.
Parts come from hand production in small series; there is no stock waiting. Delivery times mount up and the car stands idle in the meantime. For the policy that means two things: record at which point the repair will take place and whether transport there falls within your cover, and bear in mind that the payment concerns the repair and not the period during which you are without the car.
Because there is hardly any comparable supply, the value is fixed in advance in a valuation report. That agreement is binding under Article 7:960 of the Dutch Civil Code, but applies only for as long as the report is current. Once the period of validity has expired, you fall back on market value. The car is often part of a collection of several objects; in that case, consider whether one policy with a schedule per object is more practical. See also the McLaren.
The structure of the cover in three parts, with an overview per situation below.
Compulsory
Third-party liability
Damage you cause to others.
Required by law
As long as the registration is in your name
Suspend the registration when not in use
Third-party liability plus
Third-party, fire and theft
Causes beyond your control.
Fire and storm
Theft
Windscreen damage
Comprehensive cover
Comprehensive
Including damage you cause yourself.
Own fault
Vandalism
Replacement-as-new period
What is covered
Situation
Third-party liability
Third-party, fire and theft
Comprehensive
Damage to the other party
Yes
Yes
Yes
Theft
No
Yes
Yes
Fire and storm
No
Yes
Yes
Damage you cause yourself
No
No
Yes
Wear and mechanical defects
No
No
No
Driving without a valid licence
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.
Exposed carbon cannot be repaired locally
On painted panels, damage is touched up and resprayed. With exposed carbon the weave lies under a clear layer; every repair is visible in the pattern. The practical route is replacement of the complete panel, including reapplying the finish. So report light scratches and scrapes as damage too, and have the expert record whether a local repair is technically sound before a cheaper route is chosen.
Supply of parts and time off the road
Production is by hand and there is no parts warehouse as there is for a series-built car. Body parts and specific components are made to order, with waiting times that run into months. Your own-damage cover pays for the repair, not for the time off the road. If you want a payment for the period the car is unavailable, or for storage at the repairer, that has to be included as additional cover; it is not there as standard.
Collection, storage and several objects
If the car stands in a collector's garage with other vehicles, the storage itself is a risk factor: fire spreads, and a leak or a defect in another object affects your car too. Insurers therefore ask about fire compartmentation, detection and the number of objects in the same space. Have the storage described exactly and report it if anything changes about the location or the way it is fitted out.
What is not covered
Outside the cover are: taking part in track days, concours runs with timing and speed tests; mechanical failure, wear and engine damage without a collision; damage during transport on a trailer or by a haulier, which falls under separate transport cover; loss of value after a technically correct repair; and damage or theft at a location that differs from the storage described in the policy.
What does your premium depend on?
Valuation figure and how current the report is — The recorded value is the basis; an expired report puts you back on market value.
Specification and proportion of exposed carbon — The more unpainted carbon fibre, the higher the cost of apparently minor damage.
Storage location and fire protection — Detection, fire compartmentation and the number of objects in the same space weigh heavily.
Kilometres per year — Virtually always a strict maximum, supplemented by arrangements about use at events.
Number of objects on the policy — A collection policy with several cars is set up differently from a single policy.
Additional cover — Transport, events and time off the road during repair are each added separately.
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.
Why is a scratch in a carbon panel such a large claim?
Because the weave is visible under a clear finish. Touching up locally always shows a difference in colour, gloss or pattern, so that the panel no longer looks right. The usual solution is replacement of the complete panel, which is made to order. That turns superficial damage into a lengthy and costly repair.
Can the value be adjusted in the meantime?
Yes, with a new valuation report. If the market changes or you have work carried out that affects the value, a revaluation is the way to bring the policy into line. Do not wait until the period of validity has expired; between the expiry of the old report and the drawing up of a new one, the market value applies.
Can several cars go on one policy?
They can, and with a collection that is often practical: one policy with a specification per object, each with its own valuation figure. The advantage is that changes and storage requirements are arranged in one place. The disadvantage is that an event in the storage, such as a fire, affects several objects at once; so have it checked how the limit per event is built up.
Is the journey to a concours or club event covered?
The journey there on the public road usually is, provided it falls within the territorial limits. Taking part is not always covered: as soon as time is measured or there is an element of speed or handling, it falls under the exclusion. Ask for the rules of the event and declare your participation in advance, so that day cover can be arranged if necessary.
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.
