Insurance in the event of severe weather: Which ones take effect and when?

Insurance in the event of severe weather: Which ones take effect and when?

According to a report by www.br.de, the article discussed addresses questions about insurance in the event of severe weather and storms that are specifically aimed at the garden and terrace. It explains which insurance policies apply in the event of storm damage, when insurance companies start paying out for storm damage, and how damage caused by movable or immovable objects in the garden is insured.

According to the article, the basic rule is that insurance companies only pay for storm damage from a wind force of 8 and that this must be proven. Homeowners insurance pays for damage to the house caused by fallen trees or covered roofs, while liability insurance kicks in if a tree falls on a neighbor's roof. It is also emphasized that careful documentation is important in the event of storm damage in the garden or from moving objects and how to protect yourself against liability claims.

As an economic expert, I can explain that storm damage can have a significant impact on the insurance market and consumers. Insurance companies could adjust their policies due to more frequent and intense storms, which could result in rising costs for consumers. In addition, insurance companies can become more selective when accepting risks related to garden and patio equipment. This could lead to more differentiated pricing and consumers may have to pay higher premiums to get adequate coverage.

In addition, due to the specific requirements for documentation and maintenance of garden facilities and equipment, consumers may increasingly rely on transparency and advice from insurance providers.

Overall, it is important that consumers inform themselves about their insurance conditions and, if necessary, consider adjusting their insurance policies in order to adequately protect themselves against storm damage in the garden.