Is there a waiting period before the Insurance for damage caused by storms?
There is a waiting period for property damage of 7 days after the date of conclusion or issue of the insurance policy.
Do insurers cover the costs of emergency measures, such as pumping out water or temporary protective measures?
These measures vary from case to case and cannot be generalised.
What are the most important steps?, I have to take in the event of a claim in order to claim on the insurance. to take?
The damage should be reported immediately. It is important to take photos of the damage. Invoices and receipts, if available, are also helpful for processing.
How does the process of claims settlement, and how can be quickly equalised with be counted?
This varies from claim to claim. The claim is reported to the company, which then decides on the further course of processing. As a rule, the company sends an expert to inspect the damage on site.
Tip: Find out about the insurance options in good time to ensure that your property is optimally protected. The right protection is essential, especially in high-risk areas.
Göring insurance broker
Service telephone: +34 965 889 271
www.goring-online.com
When it comes to protecting property on the Costa Blanca, comprehensive insurance is essential. Especially after the devastating storms in the region, the question arises as to how homeowners can best protect their investments. CBM spoke to Thomas Göring, insurance expert on the Costa Blanca, about the most important points when taking out buildings insurance to cover storm damage such as flooding, storms and more. Here you can find out what really matters.
Interview with Thomas Göring
What types of storm damage (e.g. flooding, storm) are included in the standard policy of a Building insurance for property insured?
As a rule, storm damage is also insured in Spain. On the one hand, damage caused by rain, storms, hail and flooding is covered directly by the company.
On the other hand, Spain has the Consorcio de Compensación de Seguros catastrophe fund, which covers certain losses such as floods, earthquakes, volcanic eruptions, terrorist attacks, storms of 120 km/h or more and seaquakes. This catastrophe fund is unique and is generally included in all Spanish property and personal insurance policies.
How high should the sum insured be to cover my home and the entire to adequately secure the property - Property value plus X?
The sum insured must cover the reconstruction of the entire property, including all outdoor facilities, pool, walls, retaining walls, gardens, etc.
If damage to outdoor facilities such as pools, gardens or terraces also covered?
Yes, these systems are generally also insured.
What measures should I take as property owners take in advance to be covered in the event of damage?
It is important that a proper insurance policy is taken out for the property and that the premium is paid on time.
