Natural hazards insurance
Natural hazards insurance (Elementarversicherung) protects against damage caused by natural events that normal buildings or household contents insurance does NOT cover.
What is insured?
• Flooding and high water
• Heavy rain and sewage backflow
• Earthquakes
• Landslides and subsidence
• Snow load and avalanches
Why important? The 2021 flood disaster in the Ahr valley showed: without natural hazards insurance you're left with hundreds of thousands of euros of damage. Only approx. 50% of buildings in Germany have natural hazards cover.
Costs: €100–500/year depending on location and risk (houses near rivers are much more expensive). The federal government is discussing compulsory insurance.
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