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Insurance companies report higher storm damage in Hesse during 2023.

Insurance firms have shared details about the financial impact of severe weather occurrences in 2023, with losses in Hesse witnessing a substantial rise.

Das Hochwasser hat sich über die Wiesen vor der Innenstadt (m) und dem Stadtteil Südend (r)...
Das Hochwasser hat sich über die Wiesen vor der Innenstadt (m) und dem Stadtteil Südend (r) ausgebreitet. Nach starken Regenfällen waren in Osthessen Flüsse und Bäche, u.a. die Fulda, über die Ufer getreten.

Weather conditions and their influence on the environment. - Insurance companies report higher storm damage in Hesse during 2023.

Last year in Hessen, the damages from storms, hail, floods, and heavy rain were much higher compared to the previous year. The GDV in Berlin reported that the total amount of damages due to weather-related issues reached around 900 million euros, while in 2022 it was just 130 million euros.

Of this, around 520 million euros were for property insurers covering damages to houses, household items, commercial and industrial facilities, and approximately 370 million euros for motor vehicle insurers.

The data provided by GDV shows that out of 1,000 home insurance policies in Hessen, 24.3 were affected by storm and hail damage. This places Hessen in the third spot on a nationwide scale when it comes to natural disasters. Across Germany, the average number of claims for storm and hail damage stands at 18.5. The region with the most damages was Schleswig-Holstein, with 31 reports.

Although almost every house in Hessen is insured against storm and hail, only half of them have protection against risks such as heavy rain and floods. This correlates with the average in Germany. The association pointed out that many homeowners are unaware of their specific vulnerability to natural hazards.

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Source: www.stern.de

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