Acknowledgement · information needed · quotation
Thank you for your property quote request
Your request for a property insurance quotation has been logged with us. Below you can read which details we need and why a quotation does not yet provide cover.
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Deze pagina in het Nederlands: Bedankt voor uw offerteaanvraag onroerend goed.
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.
- We compare the offerings of several insurers
- An adviser checks whether the cover suits your situation
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
A quotation for a property can only be prepared once the risk is known. For property, the insurer asks for more than for an ordinary home: the construction type of the facades and roof, the year of construction, the installations present, the intended use, the number of let units and the trade of any tenants. If any of those details is missing, what comes back is not a quotation but a question. We collect these points for you and submit them all at once.
Besides the details of the building, insurers look at the claims record of recent years and at earlier refusals or cancellations. That information belongs in the application, even if it is unfavourable. The duty of disclosure of Article 7:928 of the Dutch Civil Code applies from the moment you apply. What you leave out now can cost you the payout later. A claims history that is honestly declared leads at most to a clause; concealment leads to a dispute at the worst possible moment.
A quotation is an offer with a validity period, not insurance. Cover only arises once the insurer accepts and the policy starts, or where provisional cover has been granted in writing. If a policy is still running on the property, leave it in place until the new one is final. More about the role we play is set out in the service guide.
This page deals with one situation. The full overview is on Mortgages: we refer you on.
What happens next
Four steps between your application and a policy under which the property is actually insured.
Fact-finding and risk profile
We supplement the application with the details insurers require as standard for property. For larger or unusual buildings a risk survey may follow, in which an inspector records the construction type, the fire compartmentation and the security on site. That inspection often leads to prevention recommendations which come back as conditions in the quotation.
Establishing the sum insured
For the buildings cover the rebuild value is the starting point, not the purchase price and not the WOZ value. For a portfolio or an unusual building, the insurer asks for a valuation report. Where one is available, a valuation clause can be included that rules out argument afterwards. Without supporting evidence, the risk of a proportionate reduction at claim time remains.
Reading the conditions and clauses
The quotation almost always contains clauses about vacancy, about the tenant's trade and about prevention measures such as electrical inspection or burglary protection. Within the policy structure these take precedence over the general conditions. If you do not read them, you only discover at claim time that an obligation rested on you. We go through them with you before you sign.
Acceptance and start date
We align the start date with the moment of transfer at the notary or with the end date of the current policy, so that no uninsured day arises. If you need cover earlier, for example because you receive the keys sooner, let us know. Provisional cover is sometimes possible, but always in writing and for a limited period.
What does your premium depend on?
- Construction type and roof covering: the fire risk varies greatly by construction type
- Use of the premises: residential, office, retail, catering or storage
- Rebuild value: the sum insured for the buildings cover
- Level of prevention: fire detection, firefighting equipment and burglary resistance
- Claims record: claims in recent years count towards acceptance
- Size of the portfolio: several properties on one policy are assessed differently
Insurers weigh these details differently. That is where your saving is.
What is covered
| Situation | After the quote request | After acceptance |
|---|---|---|
| Fire in the property on the day the quotation reaches you | No | Yes |
| We confirmed provisional cover in writing because you received the keys earlier | Yes | Yes |
| A pipe bursts between completion at the notary and the start date notified | No | Yes |
| Water damage in a property you let, while the application stated owner occupation | No | Provided that |
| Burglary damage while the previous owner's policy is still running | No | No |
| Storm damage after the quotation's validity period has expired without your acceptance | No | No |
As long as details about the property are missing, no start date is fixed either and the left-hand column continues to apply.
Frequently asked questions
This is what people ask us most.
Is the property insured already?
No. A request for a quotation is a request for an offer. Cover starts on the start date of the accepted policy, or earlier where we have confirmed provisional cover to you in writing. If completion is coming up shortly, give us that date and we will make sure cover starts at that moment and not a day later.
Which documents do you still need from me?
That varies by property. Often it is a recent valuation report, an extract from the land registry, photographs of the facade and the roof, an inspection report on the electrical installation and, where the property is let, the tenancy agreements showing the tenants' trades. For refurbishment work we also ask for the construction period and the contractor's details.
How long is the quotation valid?
Every quotation states a validity period. Once it expires, the insurer may adjust the premium or the conditions, particularly if something about the property or its use has changed in the meantime. If anything changes between application and acceptance, report it straight away; that prevents the policy starting on details that are no longer correct.
What if a loss occurs now?
Report it immediately, even if it is not yet clear which policy provides cover. If an old policy is still running on the property, that is the first place to go. Article 7:941 of the Dutch Civil Code requires you to report the loss as soon as you are reasonably aware of it and to limit further loss. We support the handling and the transition to the new policy.