Buildings insurance for let property
- Fire, storm, water and burglary
- Outbuildings and grounds features
- Glass and solar panels sometimes separately
Property management and insurance
Anyone managing or letting property carries different risks from an occupier. Below you can read which covers belong with property management and where the policy stops.
- 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
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 activities
- 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
Property management turns on three things: the building itself, the liability that ownership brings with it, and the income from rent. An ordinary home policy does not cover that: insurers have separate conditions for let property, with their own requirements on use, maintenance and vacancy.
The liability of the possessor of a structure is governed by Article 6:174 of the Dutch Civil Code: if someone is injured through a defect in the building, you are liable as possessor, even where you are not at fault. If you manage property for others, liability for your own advisory and management work is added; that falls under separate liability cover for property and not under the buildings policy.
Independent, personal, sorted quickly
We compare your buildings insurance across dozens of insurers, explain where the real differences lie, and arrange the switch from start to finish — without you having to chase it yourself.
Buildings insurancePhoto coming soon
ComparePhoto coming soon
Get coveredPhoto coming soon
What management cover consists of
Three building blocks that recur in almost every case of let or managed property.
Liability as owner
For injury or damage caused by a defect in the building.
- A loose roof tile or facade element
- A fall on a defective staircase
- A maintenance log as supporting evidence
Loss of rent
Payment for lost rent after covered damage to the building.
- Only after a covered event
- Limited to a maximum period
- Non-payment is not included
What is covered
| Situation | Buildings policy | Liability |
|---|---|---|
| Fire and storm damage to the let property | Yes | No |
| Injury to a passer-by from a loose roof tile | No | Yes |
| Lost rent after a covered fire | Provided that | No |
| Damage during a long period of vacancy | Provided that | Provided that |
| Damage due to deferred maintenance or subsidence | No | No |
| An error in your management advice to the owner | No | No |
Professional indemnity for management and advisory errors runs through a separate policy. The buildings and liability covers do not provide for it.
What does your premium depend on?
- Rebuild value of the properties: the basis of calculation
- Use of the premises: living, rooms or business use
- Construction type and year of construction: material and condition
- Vacancy: limits cover and raises the risk
- Size of the portfolio: number of properties together
- Excess and additions: glass, loss of rent, environmental damage
Insurers weigh these details differently. That is where your saving is.
How we arrange it
- You request a quoteWe take stock of your situation, risk and 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.
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 with managed property
Two points that decide whether a claim on let property stands up.
Maintenance is a condition of insurance, not a choice
Under Article 6:174 of the Dutch Civil Code you are liable as possessor for damage caused by a defective structure. Insurers exclude damage caused by deferred maintenance, wear and design faults and ask about your maintenance history when you claim. Record inspections of the roof, facade, electrical installation and heating system. That file is your most important evidence when a claim is made against you.
You must report vacancy and any change of use
If a building changes from a dwelling to rooms let separately, business activity moves in or it stands empty for longer, the risk changes. Insurers often limit cover during vacancy to fire and storm and then exclude burglary, vandalism and water damage. Likewise, illegal occupation or cannabis cultivation is excluded. Report changes: when taking out the policy, Article 7:928 of the Dutch Civil Code and a breach can reduce the payout (Article 7:930 of the Dutch Civil Code).
Frequently asked questions
This is what people ask us most.
Can I insure a let property on an ordinary home policy?
No. Letting is a different risk from owner-occupation and must be declared as the use. If the policy states that you live there yourself while the property is let, the insurer may reduce or refuse the payout. Separate conditions apply to let and managed property, often with their own requirements on maintenance and vacancy.
Who insures what for a flat in a VvE (Dutch owners' association)?
The owners' association insures the building as a whole. That follows from the regulations attaching to the apartment right under Article 5:112 of the Dutch Civil Code. As owner you insure your own interest: contents or tenant's improvements, your liability and sometimes improvements to the flat. Check whether the VvE policy covers the rebuild value of the entire complex.
What happens if a property stands empty temporarily?
Report it to the insurer. Most policies limit cover during vacancy to fire, storm and explosion and exclude burglary, vandalism and water damage. Additional requirements sometimes apply, such as shutting off the water and draining the pipes. Without notification the insurer may rely on the changed situation when you claim.
Am I liable if a tenant falls on a slippery staircase?
You may be. Article 6:174 of the Dutch Civil Code places liability with the possessor of a structure that does not meet the standards that may be expected of it. Whether that is the case depends on the condition of the staircase and the maintenance. Liability cover meets the costs, provided the defect does not stem from deferred maintenance.
Every situation is different. For these situations we have a separate page.
- Compare buildings insurance (opstalverzekering)The main page
- Buildings insurance (opstalverzekering) for property landlordsProperty, let premises, portfolio
- Insurance for let homesReal estate, homes, combined policy
- Insurance for let propertyBuildings insurance, vacancy, owner's interest
- Buildings insurance (opstalverzekering) when letting: what does the landlord arrange?Landlord, buildings, division of roles
- Buildings insurance (opstalverzekering) for property ownersTrade description, index, loss of rent
- Insuring your property investmentRebuild value, use, liability
- Insuring a warehouseBuilding, contents, storage
- Compare insurance for propertyArticle 6:174 of the Dutch Civil Code, loss of rent, vacancy
Would you like your property portfolio reviewed?
Request a quote without obligation. We check the use, rebuild value and liability for each property.
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. Last updated on .
The information on this page is general in nature and is not personal advice.