The Minister of Economy, Commerce and Business, Carlos Body, estimated this Sunday at more than 35,800 requests for compensation to the Insurance Compensation Consortium registered due to DANA (isolated depression at high levels) andHe estimated that the first payments will occur at the end of next week.
Corps wrote several messages on its X account reporting that “in just four days” more than 35,800 requests have been registered, a figure that is increasing.
The minister explained that more than 400 experts have been deployed in collaboration with insurers and mediators and the Consortium “is already carrying out” assessments of the damage caused by the floods to “compensate as soon as possible.”
He recalled that compensation from the Consortium is requested by calling 900 222 665 or through the Consortium’s website (‘www.consorseguros.es’). You can also make the request through the insurers themselves, who will carry out the necessary procedures.
“We continue with our hearts in our mouths, making available everything necessary to help those affected by DANA,” the minister wrote.
The Insurance Compensation Consortium compensates for damages caused by extraordinary flooding. The requirement to access the Consortium’s coverage is that the person or property be insured, with insurance in force at the time of the flood. Damage caused to insured people and property such as homes, automobiles, commercial establishments is covered.industries or civil works. Also accommodation expenses due to uninhabitable housing or loss of income due to the stoppage of economic activity.
The Consortium will compensate according to the insured capital and the clauses of the insurance contract of the affected party. In the case of goods, it will cover material damage as a result of the flood, such as loss of rent, transportation costs, accommodation resulting from the uninhabitability of the home or the loss of income due to the paralysis of commercial, service or industrial establishments.
To receive compensation for vehicle damage, the person needs to have coverage for damage to the vehicle, whether comprehensive, glass, theft, or mandatory third-party vehicle insurance. In the case of personal injury – injuries or death -, life or accident insurance with coverage for death, disability or temporary disability is required. Finally, Loss of profits is only covered if the policy so specifies and the damage affects the insured property.
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