How can I get insurance with a criminal record?

With a criminal record, it is often difficult to properly insure yourself. Not all insurance companies accept someone with a criminal past. Fortunately, you can always get insurance with insurance company De Vereende. We explain how you can still get insurance with a criminal past.

Why do insurers impose requirements when buying insurance?

An insurer has no duty of acceptance. One exception is health insurance. A health insurer is required by law to accept you for the basic package of a health insurance policy. So they may not refuse you for this, but they may refuse you for supplementary insurance. If an insurer feels you pose too great a risk, they may reject your application.

The insurer may also choose to accept insurance only under certain conditions. So in that case, they set requirements when taking out insurance. For example, because the risk of damage has been assessed higher or because of your medical situation. Certain conditions can be, for example:

• The insurer does not cover certain risks
• The policy terms remain the same, but you will pay a higher premium
• Policy terms and premium remain the same, but your deductible is higher
• There are certain requirements for eligibility for coverage, such as fire safety.

De Vereende: insurance company specializing in insuring special cases

Insurance company De Vereende was founded especially for insuring special risks and damages, such as, for example, a criminal past. You can also insure special vehicles or a high-risk event here. De Vereende has a broader acceptance policy than most insurance companies and in principle accepts everyone.

Acceptance requirements for insuring with The Vereende

When accepting or not accepting an insurance application, the insurer tries to assess in advance how high the risk is. Someone with a criminal record they see as a greater moral hazard. This assumes that someone with a criminal record is less likely to follow insurance rules or pay the premium. So the risk to the insurer is greater than normal. This is also the case with De Vereende. They specialize in special risks, but there must be some conditions in return. They have a number of conditions for taking out insurance:

• You must pay three months of premium in advance, even if you choose to pay monthly instead of quarterly, semiannual or annual payments.
• The insurance does not take effect until the premium for the first three months is paid and they receive a signed application form.
• In most cases, you must pay a deposit. Are you late in paying the premium? Then they can use this deposit to offset the unpaid premium. If you pay the premium on time each month, you will get the deposit back when the insurance is terminated.