How can I insure myself against natural disasters?
July 13, 2023 | 40,00 EUR | answered by Katrin Sontheimer
Dear lawyer,
My name is Sandra Hartmann and I am reaching out to you as I urgently need help regarding insurance against natural disasters. In recent years, I have heard more and more about natural disasters such as floods, storms, and earthquakes that can cause significant damage. Living in a region that could be affected by such disasters, I am very worried about my property.
I have not yet taken out a specific insurance policy against natural disasters and I am unsure if my existing household or building insurance is sufficient to protect me in the event of a natural disaster. I would like to know if there is a way for me to specifically insure myself against natural disasters and what types of insurance may be suitable for me.
I fear that in the event of a natural disaster, my financial security could be at risk and I could suffer significant financial losses. Therefore, it is very important to me to take preventive measures and ensure adequate protection. I hope that you can help me with your expertise and experience and provide me with possible solutions on how I can effectively insure myself against natural disasters.
Thank you in advance for your support.
Kind regards,
Sandra Hartmann
Dear Mrs. Hartmann,
Thank you for your inquiry regarding insurance against natural disasters. It is understandable that you are concerned about your belongings, especially if you live in a region that could be affected by such natural events. It is important to think early about how to protect yourself against these risks.
First of all, it is important to know that most conventional home and building insurance policies do not cover protection against natural disasters such as floods, storms, and earthquakes. Therefore, it is advisable to take out a special insurance against natural disasters to be optimally covered in case of damage.
There are different types of insurance that can help you specifically protect yourself against natural disasters. One option, for example, is building insurance with elemental damage insurance. This additional insurance covers damages caused by natural events such as floods, storms, hail, or earthquakes. It is important to check the exact conditions and benefits of the insurance to ensure that you are fully protected.
Another option is natural hazard insurance, specifically designed to protect against natural disasters. Here, you can add various components such as flood, earthquake, or avalanche insurance according to your needs to ensure comprehensive protection.
It is advisable to seek comprehensive advice and compare different offers to find the right insurance for your individual needs. An experienced insurance broker or specialist in insurance law can support you in this process and help you choose the right insurance.
I hope this information was helpful to you and could answer your questions regarding insurance against natural disasters. If you need further assistance, I am at your disposal.
Best regards,
Katrin Sontheimer
