Third-party liability
- Required by law
- As long as the registration is in your name
- Suspend the registration when not in use
Fifteen to forty years · value · use
Insuring a youngtimer
A youngtimer is settled on market value while its parts are still priced as new; that is where a car is written off after damage that would simply be repaired on a younger car.
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- 9.5 customer rating for a new policy
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Deze pagina in het Nederlands: Youngtimer verzekeren.
Calculate your premium or request a quote
Without obligation; a reply within one working day.
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
- 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 youngtimer is caught between two systems. For tax purposes it starts at fifteen years: if the car is that old and you use it for business, the benefit-in-kind addition (bijtelling) is calculated on the open market value instead of the original list price. Insurers do not use that concept and look at something else: year of manufacture, annual mileage, storage and whether another car is available for daily use.
The claims problem is different again. The market value of a twenty-year-old car is low, while an air suspension bellows, a light unit, a control unit or a catalytic converter is still priced as new. A collision that would be a panel job on a recent car soon comes close, on a youngtimer, to what the valuation guide says the whole car is worth. The insurer then declares a total loss, and for a well-maintained example that is not a reasonable outcome.
That is why this insurance turns on establishing the value in advance. A valuation by a recognised expert fixes the sum insured; under Article 7:960 of the Dutch Civil Code such a prior valuation binds the parties, so that there is no need for any discussion about valuation guides after a loss. For classic car insurance a higher age limit applies; your car does not fall into that category yet.
Youngtimer: what is covered?
The structure of the cover in three parts, with an overview per situation below.
Third-party, fire and theft
Causes beyond your control.
- Fire and storm
- Theft
- Windscreen damage
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.
Market value against repair costs
With a youngtimer it is not the extent of the damage but the arithmetic that decides whether the car stays on the road. A damaged front end with sensors, a light unit and a deployed set of airbags can come close, when new, to what the car is worth in the valuation guide. The insurer may then declare a total loss and pay the market value, even if you would rather have the car repaired. Anyone who wants to avoid that has the value established in advance.
What a valuation report does and does not settle
A prior valuation by an expert fixes the sum insured and removes the discussion after a loss; Article 7:960 of the Dutch Civil Code makes that assessment binding on both parties. What a report does not do is extend itself. Insurers apply a period of validity after which revaluation is needed; if that has expired at the time of the loss, you fall back on market value. Also keep maintenance invoices and photographs of work carried out.
The conditions behind an enthusiast's policy
Youngtimer rates are built on limited use. The conditions usually state a maximum number of kilometres a year, the requirement that another car is available for daily transport, storage in a locked space and a minimum age for the driver. If you stated hobby use in the application while you drive to work in it every day, your statement was incorrect under Article 7:928 of the Dutch Civil Code and payment can be refused.
What is never covered at this age
Outside the cover are wear, corrosion and mechanical or electronic failures that arise without any external cause. A seized engine, a burnt-out control unit or a leaking head gasket is maintenance and not damage. Work during restoration, taking part in speed events and use on a circuit are also excluded. On a car of fifteen years and older this is precisely the largest part of what actually goes wrong in practice.
What does your premium depend on?
- Year of manufacture and the age limit of the scheme — Insurers apply their own minimum age for youngtimer conditions; below that an ordinary car rate applies.
- Fixed value or market value — With a valuation report the insurer works with an agreed value, without a report with the valuation guide.
- Annual mileage — The scheme assumes limited use; the mileage declared weighs more heavily here than on an ordinary car.
- Availability of a second car — If there is a daily car alongside it, the hobby profile fits; if this is the only car, the scheme usually lapses.
- Storage and security — A locked garage and an approved alarm are taken into account, particularly for models that are in demand among car thieves.
- Form of cover and repair arrangements — Third-party liability, third-party, fire and theft or comprehensive cover, the excess, and whether repair at a marque specialist is permitted.
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.
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.
Frequently asked questions
The questions we are asked most often about this.
From what age is my car a youngtimer?
For tax purposes fifteen years counts: from that age the benefit-in-kind addition for business use is calculated on the open market value. Separately from that, insurers apply their own age limit for enthusiasts' conditions, and that is often higher. Above forty years the car qualifies for a classic car scheme and different conditions and valuation rules apply again.
Do I need a valuation report?
It is not compulsory, but without a report the insurer pays the valuation guide figure in the event of a total loss, and for a well-maintained example that is almost always disappointing. A prior valuation by an expert binds the parties under Article 7:960 of the Dutch Civil Code. Watch the period of validity: if it has expired, market value applies again after a loss.
May I drive it every day?
On youngtimer conditions, usually not. Those rates assume limited use, a maximum number of kilometres a year and the availability of another car for commuting. If you do drive it daily, say so and take out cover on an ordinary car insurance. That costs more in premium, but prevents the cover being called into question after a loss.
What does a company youngtimer mean for the insurance?
If you use a car of fifteen years or older for business, the benefit-in-kind addition is calculated on the open market value. For insurance purposes it remains a vehicle used for business: hobby conditions with a mileage limit do not fit that. See insuring a youngtimer for business use for the business version.
Ready to compare?
Request a quote without obligation. We will look at which insurer best matches your activities and your risk.
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 .
The information on this page is general in nature and is not personal advice.