No finance advice · building work · referral

Financing and insuring a renovation

Building work touches two things: the finance and your insurance. For the first we refer you on. The second we arrange, and things go wrong there more often than people think.

several insurers compared objectively
9.5 customer rating for a new policy
AFM licence 12016589
Personal 072 - 509 24 56, weekdays 9–17

Deze pagina in het Nederlands: Verbouwing financieren en verzekeren.

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.

We compare the offerings of several insurers
An adviser checks whether the cover suits your activities
We arrange the switch, including cancellation

Request a quote

A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.

In brief

Finass Verzekert (AFM 12016589) advises and acts as an intermediary in non-life insurance. Financing building work, whether through an increase in the mortgage or through a loan, falls under a different licence category. We do nothing in that field and refer you on.

Please note: borrowing money costs money. Compare offers on the annual percentage rate (APR) and not on the monthly payment: that mainly tells you something about the term. Licence holders consult BKR (the Dutch credit register) for credit from 250 euros upwards with a term longer than one month. Parties who claim it can be done without that check usually do not hold the licence.

What we do: during building work your risk changes. A Construction all risks (CAR) insurance covers damage to the works themselves, and your buildings insurer wants to know about the work. Afterwards, the rebuild value.

Cover
Points to note
What to look out for
Frequently asked questions
Contact

Who does what during building work?

The division of roles in three cards, with below each task the person who carries it out.

Different licence

What we do not do

You arrange the money for the work elsewhere.

No credit or mortgage advice
No building deposit or application
No interest or borrowing capacity

Your checklist

What to look out for

What to arrange before the first brick comes out.

The provider's licence
Costs over the full term
Notification to your insurer

Our profession

What we do provide

The insurance during and after the work.

Construction all risks (CAR) insurance for the works
Buildings cover during construction
Liability towards third parties

What is covered

Situation	At Finass Verzekert	With the licensed provider
Advice on a home improvement loan or an increase in the mortgage	No	Yes
Managing a building deposit and claims for payment	No	Yes
BKR check and statutory credit information	No	Yes
Construction all risks (CAR) insurance for the structure	Yes	No
Reporting the work on the buildings policy	Yes	No
Adjusting the rebuild value after completion	Yes	Provided that

What is actually covered is set out in the policy conditions and the insurance card (verzekeringskaart) you receive before you take out the policy.

Where things go wrong during building work

Four points that determine whether damage during the works is at your expense.

The buildings policy covers the works only to a limited extent

An ordinary buildings insurance policy covers the existing building, not the works under construction, the building materials or the contractor's mistakes. And as long as the property is open, there is an increased risk of water and storm damage. So report the work to your insurer in advance.

CAR insurance for building work

Report the work, even if the contractor is insured

A change in the risk that you do not pass on engages your duty of disclosure. At inception 7:928 DCCapplies; if it later emerges that the risk was different, the insurer can reduce the payment under 7:930 DCC. A short notification in advance prevents that conversation.

Temporarily unoccupied is not the same as occupied

If you live elsewhere during the work, the policy may treat this as a vacancy. Cover is then often reduced to fire, storm and lightning, and it is precisely burglary and water damage that occur more often in an open property. Ask about a building works or vacancy clause.

After completion your sum insured is no longer right

An extension, a dormer window or a luxury kitchen increases the rebuild value. If the sum insured stays as it was, you are underinsured and a claim is settled proportionally. Have the sum reassessed after completion, if necessary with a valuation under 7:960 DCC.

How high the buildings insurance should be

What to look out for when comparing

AFM licence: check the provider in the public register
APR above the monthly payment: only that percentage makes quotes comparable
Total cost of credit: the amount over the full term, not per month
Penalty-free repayment: useful if the work turns out cheaper than expected
Reporting to the insurer: you pass on a change in the risk in advance
Rebuild value after completion: the sum insured has to rise with it

This overview is general in nature and is not personal advice.

How it works

You arrange the money elsewhereWith a party listed in the public AFM register.
You report the work to usIts nature, its duration and whether you are living there during the work.
We arrange the coverCAR insurance where needed, and a clause on the buildings policy.
We adjust the sum insuredAfter completion we adjust the rebuild value.

Get in touch

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.

View the reviews at NH1816 · all reviews on our site

Frequently asked questions

This is what people ask us most.

Can I finance my building work through Finass Verzekert?

No. We hold an AFM licence for general insurance and not for credit or mortgages. So we do not advise on a home improvement loan or an increase in the mortgage and do not act as an intermediary in them. We refer you on and do arrange the insurance around the work.

Do I need CAR insurance if the contractor has one?

Often you do. The contractor's policy covers his own work and liability, but not always your existing property, materials you buy yourself or work you carry out yourself. Ask for a copy of his policy and check who is named as an insured.

What is not covered during building work?

Design and construction faults, putting right poorly executed work, business interruption losses and fines for delay normally fall outside cover. Theft of materials without signs of forced entry is often excluded as well, as are intent and recklessness under Article 7:952 of the Dutch Civil Code.

When do I have to report a claim?

As soon as is reasonably possible, as Article 7:941 DCC requires. During building work that matters all the more, because work is often hidden behind new plaster or floors. Take photographs before building continues and only let the work go on after consulting the insurer.

Within Financiering

Also relevant

A mortgage for a renovation

Service

Building work coming up?

Report it before the work starts; then we will arrange the cover you need during and after construction.

Get in touch

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 written and checked by an adviser at Finass Verzekert. Last updated on 15 August 2026.

The information on this page is general in nature and is not personal advice.

Financing and insuring a renovation

In brief

Who does what during building work?

What we do not do

What to look out for

What we do provide

Where things go wrong during building work

The buildings policy covers the works only to a limited extent

Report the work, even if the contractor is insured

Temporarily unoccupied is not the same as occupied

After completion your sum insured is no longer right

What to look out for when comparing

How it works

Frequently asked questions

Read more

Within Financiering

Similar pages

Also relevant

Service

Building work coming up?

About our service

Financing and insuring a renovation

In brief

Who does what during building work?

What we do not do

What to look out for

What we do provide

Where things go wrong during building work

The buildings policy covers the works only to a limited extent

Report the work, even if the contractor is insured

Temporarily unoccupied is not the same as occupied

After completion your sum insured is no longer right

What to look out for when comparing

How it works

Frequently asked questions

Read more

Within Financiering

Similar pages

Also relevant

Service

Building work coming up?

About our service

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