What does your insurer cover for damage caused by natural disasters?

In a natural disaster, it is not possible for insurers to blame anyone for the damage. Moreover, the risk of damage from an extreme natural disaster is difficult to assess. But did you know that damage from extreme natural disasters is usually not covered because of this?

Extreme natural disasters and insurance

You can think of extreme natural disasters such as floods, earthquakes and landslides and/or subsidence. The risk of such a natural disaster is difficult for insurers to assess; nature is very unpredictable. Therefore, this is the reason why most insurers do not want to insure damage caused by extreme natural disasters.

Extreme natural disasters in the Netherlands

The chance of an extreme natural disaster hitting the Netherlands anytime soon is small. The greatest risk we face in the Netherlands is flooding. As the sea level rises, the risk of flooding will increase. Also, these days we face earthquakes in the province of Groningen. However, these earthquakes are a result of gas extraction and not a natural disaster. So this means that there is a liable party. If you have also suffered damage from an earthquake, you can call in your legal assistance insurance and report the damage to the Safe Housing Center.

Intervention government

An extreme natural disaster does not occur often in the Netherlands. Nevertheless, there is a chance that the Netherlands will be hit by an extreme natural disaster in the future. Fortunately, the Dutch government has also thought about this and created the "Act on Compensation for Damage caused by Disasters and Serious Accidents" (WTS). This law means that you will be compensated for (part of) the damage if you become a victim of extreme natural disasters.

What is covered?

Of course, nature also brings us less extreme events such as storms, hail and thunderstorms. These types of damages can also result in high damage amounts. Fortunately, it is possible to take out insurance for damage caused by these types of events. Through our website you can easily compare and purchase insurance. Here you can find out exactly what fire, theft and storm coverage for your home would cost and yield.