Tag: Elemental damage
Two years later, insurers draw a sobering conclusion
Flood disaster in the Ahr Valley Less than half of the affected homeowners had elemental protection. (Photo: dpa) Frankfurt, Munich The balance sheet is sobering even two years after the…
Rising premiums – this is how homeowners can save
Burned out roof truss Home insurance is getting more and more expensive. (Photo: IMAGO/Silas Stein) Frankfurt Homeowners must be prepared for the fact that homeowners insurance will soon become even…
Countries require nationwide compulsory insurance for natural hazards
Flood disaster in the Ahr Valley, July 2021 As early as June 2022, the Prime Ministers’ Conference had spoken out in favor of introducing compulsory insurance for natural hazards. In…
Federal Minister of Justice Buschmann: “Countries can introduce compulsory insurance”
Berlin A mandatory insurance against natural hazards for buildings desired by the federal states will not be implemented by the federal government for the time being. Federal Minister of Justice…
The federal government gets scolding from the states
Flood disaster in the Ahr Valley So far, only about half of all residential property owners have natural hazard insurance. In the event of damage, these households face a financial…
Tax assistance for those affected and helpers
Destruction on the banks of the Ahr The financial authorities of Rhineland-Palatinate and North Rhine-Westphalia are helping those affected with a disaster decree.Source: dpa Frankfurt Overflowing basements, damaged houses, destroyed…
Many lessons – few measures
Ahr Valley, Erftstadt When storm “Bernd” caused devastating floods in the Ahr Valley, Erftstadt and other regions almost a year ago, it was initially eerily quiet in the Zurich Insurance…
It could be compulsory insurance
Berlin, Frankfort Before the start of the Ministers of Justice Conference this Wednesday, North Rhine-Westphalian Minister of Justice Peter Biesenbach (CDU) is campaigning for compulsory insurance for natural hazards. “The…
It could be compulsory insurance
Berlin, Frankfort Before the start of the Ministers of Justice Conference this Wednesday, North Rhine-Westphalian Minister of Justice Peter Biesenbach (CDU) is campaigning for compulsory insurance for natural hazards. “The…
Storm disasters: government advisors call for compulsory insurance
Flood disaster in the Ahr Valley The 2021 flood disaster in North Rhine-Westphalia and Rhineland-Palatinate caused billions in damage. Government advisers call for compulsory insurance for building owners. (Photo: dpa)…
Storm low Ylenia sweeps over Germany – how cars and houses are properly secured
Storm depression Ylenia A fallen tree forces drivers to stop. (Photo: dpa) Frankfurt, Munich Storm depression “Ylenia” has swept across Germany with hurricane gusts. For Friday afternoon to Saturday morning,…
Great demand for legal protection and manager liability
Cyber insurance More and more companies are being attacked by hackers – but cyber insurance alone is too expensive for many traders. (Photo: obs) Frankfurt Industrial insurance remains difficult, and…