Turien & Co · compared independently · advice from Finass
Classic car insurance through Turien & Co
With a classic car the argument after a loss is rarely about the cover and almost always about the value, and you either fix that in advance or not at all.
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 situation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
In brief
A classic car has no market price that can be read off a table. Two cars of the same year can be far apart because of the state of restoration, originality and history. A classic car policy therefore turns on the an agreed value: a valuation agreed in advance and made binding under Article 7:960 of the Dutch Civil Code, so that on a total loss there is no need to negotiate over market value.
The second feature is the repair. A classic car does not go to any bodyshop chain that happens to be nearby. Panels are formed by hand, parts come from abroad or are reproduced, and a specialist's hourly rate is different from that of a general repairer. Whether you may choose the repairer yourself is a material condition on this form of policy, not a detail.
If you mainly drive the car sparingly and your concern is the conditions of use and the storage, look as well at classic car insurance through NH1816. For collections of several vehicles we also compare Hiscox.
The structure of the cover in three parts, with an overview per situation below.
Third-party liability insurance
Third-party liability insurance is compulsory by law and covers damage you cause to others with your car, not damage to your own car.
Damage to other vehicles
Injury to third parties
Damage to buildings and objects
Damage caused by passengers
Third-party liability + fire and theft
Alongside third-party liability cover, protection against damage to your own car from external causes you cannot prevent.
Fire and storm damage
Theft and burglary
Windscreen breakage and glass damage
Collision with animals
Comprehensive insurance
The most complete cover, including for damage you cause yourself, theft and total loss. We compare Turien & Co's comprehensive version with the market.
Hail damage
Damage through your own fault
Vandalism
Unknown party at fault
What is covered
What we do
At Finass
Direct with Ansvar
Comparison across several insurers
Yes
No
Advice based on your own situation
Yes
Provided it is declared
One point of contact for claims
Yes
Provided it is declared
Cancellation with your current insurer arranged
Yes
No
We determine whether Ansvar is the best choice
Yes
No
Advice fees for you as a customer
No
No
What we do
What we do
At Finass
Direct with Turien & Co
Comparison across several insurers
Yes
No
Advice based on your own situation
Yes
Sometimes
One point of contact for claims
Yes
Sometimes
Cancellation with your current insurer arranged
Yes
No
We determine whether Turien & Co is the best choice
Yes
No
Advice fees for you as a customer
No
No
This overview concerns our service, not the cover. What is actually covered is set out in the policy conditions and on the insurer's insurance card (verzekeringskaart); you receive both before you take out cover.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Agreed value and revaluation
A valuation report from a recognised valuer fixes the value and prevents argument afterwards. Such a report has a limited period of validity. If it expires you fall back on market value at precisely the moment you need the value established. Arrange a new valuation after a restoration, after fitting a reconditioned engine, and as soon as the market value of your type shifts noticeably.
Who may carry out the repair
With a classic car the free choice of repairer is decisive. A specialist who knows the model works differently from a bodyshop calculating on standard times. Watch the treatment of original partsas well: replacing them with new manufacture can lower the value of the car, while repairing the original part is more expensive. Set out in advance which route the insurer accepts.
A restoration in progress is not covered
A car lying in pieces is no longer a vehicle. Own-damage cover on loose parts in a workshop is limited or absent, and damage caused by the restorer belongs with that firm's own liability and care, custody and control exclusion. Report a long project in advance, so that fire and theft cover sits at the right address and no period arises in which the car falls under nothing at all.
Rallies and events: watch the timing
Tours and club events are generally permitted. As soon as speed, timing or a classification is involved it becomes a competition, and competitions are excluded. Regularity runs come under that at one provider and not at another. Ask about it for each event and have the answer confirmed in writing. A reference to the club calendar is not proof of cover.
Replacement transport after a claim
Replacement transport after a claim Stay mobile with replacement transport.
Breakdown assistance
What does your premium depend on?
Agreed value. The value established in the valuation report is the basis of calculation for the own-damage premium.
Rarity and availability of parts. A model for which parts are barely obtainable carries a higher claims cost on repair.
Number of kilometres per year. Classic car policies assume limited use. The ceiling declared helps set the premium.
Storage and security. Dry, locked and protected storage is generally a condition of acceptance on this form of policy.
Number of vehicles. With several classics on one policy the collection is looked at as a whole rather than car by car.
Circle of drivers. A limited, named group of drivers is weighed differently from an open arrangement.
Insurers weigh these details differently. That is where your saving is.
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.
The binding statement of value then falls away and the insurer works with market value after a loss. For a classic car that is almost always unfavourable, because the state of restoration and the history no longer count. Put the expiry date of the report in your diary and arrange a new valuation before it expires, not after damage has occurred.
Will I get original parts back after a loss?
That does not follow automatically. An insurer may repair in the economically responsible way, and that is not always the way that keeps the car original. If you want to be sure that original or correctly reproduced parts are used, have it set out in advance. Afterwards there is little room, because the loss has by then been calculated.
May I take the classic to a rally abroad?
Tours and events without timing are generally permitted within the territory of the green card. As soon as a classification or a speed element is added, it is a competition and the cover falls away. Look at the assistance cover as well: a classic that breaks down abroad usually cannot be repaired on the spot and has to come back to the Netherlands.
Can I put several classic cars on one policy?
Yes, that is usual on this form of policy. For a collector it is clearer, and it fits the fact that only one car is driven at a time. Do make sure each vehicle keeps its own agreed value and that changes in the collection are reported straight away, otherwise a newly bought car stands uninsured in the storage.
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.
