Which insurance pays for storm damage - tips from financial experts

Which insurance pays for storm damage - tips from financial experts

According to a report by www.morgenpost.de,

The article deals with the steps that insured parties should take in the event of storm damage. It explains which insurance company is responsible for which type of damage and what insured parties should pay attention to when reporting and documenting the damage.

According to the Association of Insured Persons (BdV), only wind force 8 constitutes a storm, which is relevant for the responsibility of insurance companies. Storm damage to the house is covered by home building insurance, while household contents insurance is responsible for damage to movable objects. Damage to the car caused by falling roof tiles or falling trees is covered by partial comprehensive insurance.

It is recommended that you report storm damage to your insurance company immediately, providing photos of the damage and a detailed list of the damaged items. In addition, damaged parts should not be disposed of and the craftsman's invoices should be kept to secure the insurance claim.

Insured persons should also ensure that the damage does not increase further, for example by sealing broken windows. However, it is emphasized that no one should risk their life to repair damage in extreme weather conditions.

From an economic perspective, storm damage in Germany is covered by insurance companies every year. Depending on the extent of the damage and the number of policyholders affected, the costs of settling the claim can amount to several million euros. In the long term, this could lead to higher premiums for policyholders to cushion the costs incurred.