Covering risks for Owners Associations and residents

At burophilip van den hurk, we offer customized insurance solutions for Associations of Owners (VVEs) and their residents. Our extensive experience in the property sector and collaboration with specialized insurers enables us to support both VVE managers and individual residents with insurance policies that are fully tailored to their unique situation. This gives you peace of mind that necessary insurance coverage is tailor-made and nothing is overlooked. If those insurances need to be called upon, we ensure perfect handling with personal service.

Insurance for VVEs.

As a VVE administrator or board member, you have an important job. What for many starts as thinking along or a finger on the pulse can turn into a management task with its attendant responsibilities. And while some VVEs have experts assisting them, there is always a risk of unexpected effects of a decision. A contractor not doing what he promised or a municipality making decisions that have more impact than expected can affect the association and the director.

Of course you want your association to be properly insured. At buro philip van den hurk, we understand the specific challenges VVEs face, which is why we offer several business insurance policies tailored to the needs of your Owners' Association.

Our insurance solutions for VVEs include:

Some of the most common insurance for VVEs

• Buildings insurance: This insurance covers damage to the building due to fire, storm or burglary, for example, protecting the value of the property.
• VVE Liability Insurance: Covers third-party claims, such as damage caused by common parts of the building.
• Glass Insurance: Insures against breakage of glass, such as windows and doors of the building.
• Directors' Liability Insurance: Protects board members against personal liability for decisions that result in financial losses to the VVE.
• Legal expenses insurance: Provides legal assistance and coverage of costs in disputes, for example with suppliers or contractors.
• Accident Insurance for Members: Insures VVE members against accidents that may occur during joint activities within the association.
• Environmental damage insurance: Covers damage caused by environmental pollution, such as spills of hazardous substances or pollution from external causes.

Underinsured?

Also important to mention is the appraisal service to prevent underinsurance. Valuations against underinsurance used to be done by insurers but this is no longer common. Therefore, it can happen that the old insurance no longer has sufficient coverage which can cause major problems in case of damage. We have a solution for that: a pleasantly priced appraisal service and insurance to match.

Insurance for residents

Of course, apartment complex residents also want to properly protect their personal property and liabilities. At buro philip van den hurk, we offer various insurances specifically geared towards individuals. These are not only the usual insurances, we have those too, but they are also insurances that take into account the insurances that are already there on the building.

For example, building and glass insurance policies often overlap, contents and kitchen can also be double insured, or excluded from each other. We prevent this with our customized approach.

Then, should there be a claim, there is also one address to turn to and no discussion between insurers.

Our insurance solutions for individuals include:

• Contents Insurance: Covers damage to all personal belongings within the home due to, for example, fire, theft, or water damage. You can also choose to expand with owner's interest coverage (e.g., bathroom and kitchen).
• Liability Insurance: Insures you against damage you accidentally cause to third parties, such as when you accidentally damage a neighbor's home.
• Legal Aid Insurance: Provides legal support in conflicts, for example with neighbors or landlords.
• Auto insurance: Full coverage for your vehicle, including options for third-party, third-party-extra and third-party-casco ("all-risk").
• Travel Insurance: Covers unexpected events while traveling, such as medical expenses, loss of luggage or cancellations.

Why choose us?

• Customization for VVEs and residents: Every VVE and every resident is unique. We do not offer standard insurance but solutions specifically tailored to the VVE and members.
• Cooperation with major insurers: Thanks to our close cooperation with the largest VVE insurance providers, we can offer you the best possible coverage and service.
• Expert practitioners: Our team of experts is available to answer all questions and personally guide you in choosing the right solution.

Finally, about theappraisal service: as mentioned earlier, underinsurance is becoming more common because the companies no longer check the reinstatement value while the insurance may not be fully indexed. We recommend establishing the reinstatement value by means of a "fixed valuation". For an association, this provides a six-year guarantee against underinsurance.

We have a solution for this:Valuationverzekerd.nl from Dongen does these valuations for our clients at a special rate.

Please contact us

Want to know more about our insurance solutions for VVEs or residents? Fill out our contact form and we will get back to you as soon as possible.

Contact details:

• E-mail: vve@burophilipvandenhurk.nl
• Phone number: 026 - 3200 332