Floods in Rhineland-Palatinate: Insurance protection for house and car - tips from financial experts.

Floods in Rhineland-Palatinate: Insurance protection for house and car - tips from financial experts.

According to a report from www.swr.de, the flood situation in Rhineland-Palatinate was very tense. But now the situation is gradually easing as the water levels in the rivers are falling again. However, the question remains what to do if the water has already caused damage to your house or car. Home contents insurance covers damage to the furnishings, while homeowners insurance protects the entire building. Natural hazard damage can only be covered by special natural hazard insurance. These protect against damage caused by natural disasters or storms. Motor vehicle insurance usually covers damage caused by floods and floods if there is at least partial insurance. It is important to carefully document all damage and contact the insurer at an early stage. In addition, those affected should do everything they can to prevent further damage.

The current flood situation in Rhineland-Palatinate highlights the increasing risks from extreme weather events as a result of climate change. According to the General Association of the German Insurance Industry (GDV), around 52 percent of homeowners in Germany have insurance against natural hazards. However, given the growing risk, elementary insurance could make sense, especially in vulnerable areas. A possible requirement for natural hazard insurance is currently being discussed in the federal states and at the federal level. If such compulsory insurance is introduced, it could help distribute the follow-up costs in a spirit of solidarity and strengthen the idea of ​​private provision.

Overall, the flood situation in Rhineland-Palatinate shows how important adequate insurance protection is in connection with extreme weather events. Both private individuals and companies should find out about the options for natural hazard insurance and take appropriate measures if necessary.

H2: Natural hazard insurance as protection against natural disasters
The increasing risks caused by extreme weather events make natural hazard insurance in endangered areas a sensible insurance option.

H2: Discussion about the introduction of compulsory insurance
The discussion about the introduction of compulsory insurance for natural hazards is being held at the state and federal level in order to distribute the follow-up costs in a spirit of solidarity and to strengthen the idea of ​​private provision.

H2: Important steps in cases of damage
It is crucial to carefully document all damage and contact the insurer early in order to be adequately insured for extreme weather events and to be adequately covered in the event of damage.

Source: According to a report from www.swr.de.