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Natural disasters are also increasing in Bavaria. Heavy rain in particular causes damage to buildings. 98.5 percent of all buildings can now be insured with standard products against natural hazards such as flooding, avalanches or landslides.
Most companies have taken out commercial building insurance against fire, storm and hail. However, natural hazard insurance is still the exception. It cushions the financial consequences of high water, flooding, snow pressure, avalanches, landslides and earthquakes.
In order to protect yourself against damage to commercial buildings caused by natural disasters, you need a natural hazards module as an addition to the commercial building insurance, and for the contents of the building, you need a natural hazards module as an addition to the business contents insurance. If you want to protect yourself against loss of income, you should choose a module for business interruption insurance, and if you lose rental income, you need a supplement to the rental loss insurance.
Which insurance offers protection against natural hazards?
Webcode: P1469
