Compensation for storm damage: tips from financial experts

Compensation for storm damage: tips from financial experts

According to a report by www.waz.de, explains Ingo Aulbach, spokesman for the Essen, Mülheim, Oberhausen district in the Federal Association of German Insurance Merchants (BVK), in which cases those affected can receive compensation from their insurance if a storm causes damage.

The strength of the storm plays a crucial role. From wind force 8, homeowners, renters and car owners can receive financial compensation. For car owners, comprehensive insurance pays less agreed deductibles, but without downgrading the discount if, for example, branches, trees, building boards or roof tiles have fallen on the vehicle.

For homeowners and renters, the situation is a little more complex. Damage to buildings and household contents caused by storms is reimbursed by building or household contents insurance companies with wind force 8 or higher. In addition, natural hazard insurance is necessary to cover damage caused by rainwater, heavy rain, landslides, subsidence and avalanches.

Homeowners are strongly advised to closely inspect their roof after a storm, even if it appears undamaged at first glance. Shifted or cracked roof tiles are also considered storm damage and should be covered by building insurance. It is also important to report all damage quickly and document it with a camera, as this makes it easier to settle the damage.

Overall, it can be seen that storm damage is covered differently depending on the type and extent of insurance, so it is advisable to check the individual insurance conditions and, if necessary, extend them in order to be adequately covered in the event of a storm.