Berlin (dpa) – After the flood disaster in July, the justice ministers have the compulsory insurance for homeowners, which was discarded four years ago, re-examined. At their autumn conference in Berlin, the ministers’ round decided on Thursday that a working group led by North Rhine-Westphalia and Rhineland-Palatinate should resume the examination.
In 2017, “sweeping constitutional concerns” were raised against compulsory insurance. It could serve to protect against natural hazards such as floods, which are expected more frequently in the future due to climate change.
In addition, the group should examine whether there are other ways to insure natural hazards better than before. In the spring, the group is due to present its results to the justice ministers.
Damage caused by nature, i.e. damage caused by storms, hail, floods, earthquakes, avalanches, snow pressure and volcanic eruptions are considered to be natural hazards in the insurance sector.
The Justice Ministers emphasized that, in addition to subsequent compensation for damage, preventive instruments were also required. The justice ministers of the federal states and the federal government met on Thursday for their autumn conference in Berlin. North Rhine-Westphalia was the chairman.
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