Important insurance: Protection against Christmas fires - tips from the experts

Important insurance: Protection against Christmas fires - tips from the experts

According to a report by www.t-online.de,

Just one spark is enough to set branches on the Christmas tree or the Advent arrangement on fire. If an accident occurs, three types of insurance are important.

For many people, candlelight radiates a certain comfort. That's why burning candles in the home are popular, especially around Christmas time. But it is not possible to light an open fire without risk. If you place the candles on a fireproof surface and remove easily flammable materials from the surrounding area, you have already done a lot of things right. But if something does go wrong, tenants and owners alike would do well to be properly insured. If a fire occurs, three types of insurance are essential, as the property owners association shows.

Household contents insurance covers damage caused by fire and extinguishing water to furnishings, valuables and Christmas presents. If damage occurs to someone else's property, for example because you temporarily borrowed something, private liability insurance will cover it. Residential building insurance is responsible for damage to the building. These are generally concluded by the owners of an apartment or house; in homeowners' associations (WEG), it is the responsibility of the WEG.

Inform insurer immediately
Important: If damage has been caused by fire, those affected should immediately report this to the responsible insurance company and, if necessary, also to the property management company. They can then inform you about the next steps. But be careful: many insurance companies are not liable for gross negligence. Michael Nack from Living in Property therefore advises you to make sure that you never leave the house when candles are still burning.

As a business expert, it is important to emphasize that the introduction and knowledge of these different types of insurance are crucial in order to adequately protect yourself in the event of a fire or other accident. This can help minimize financial losses and protect the consumer from unexpected costs. Additionally, insurance companies may experience an increase in claims due to increased claims during the holiday season, which could impact their operating costs and insurance rates. It is therefore advisable that consumers and businesses alike take the necessary precautions to minimize the risk of fires during the holidays and protect themselves adequately.