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Spain Flood Insurance Claims
The recent massive floods in the Mediterranean area of Spain are set to become the most expensive natural disaster in the country's history, with insurance claims exceeding \u20ac1 billion. This article explains the compensation process and what is covered.
Spanish
Spain
HealthClimate ChangeLabour MarketSpainDisasterFloodsInsuranceCompensation
Consorcio De Compensaci
Acute;N De Seguros (Ccs)MapfreOccidentGeneraliCruz Roja
- How can I file a claim with the CCS?
- Claims can be filed online at www.consorseguros.es or by phone at 900 222 665. Insurance companies and brokers are also assisting with claims processing.
- How can those affected by the floods file a claim?
- Those with valid insurance policies can claim from the Consorcio de Compensaci acute;n de Seguros (CCS), which covers catastrophic damage. The CCS has received 46,000 claims and has started processing 40% of them.
- What is the estimated cost of the recent floods in Spain?
- The floods in the Mediterranean area will be the most expensive natural disaster in Spain's history, with insurance claims exceeding \u20ac1 billion.
- Is a declaration of a catastrophic zone necessary to receive compensation?
- The amount paid depends on the insured amount of the policy; those with more extensive coverage will receive more compensation. A declaration of a catastrophic zone is not needed to file a claim.
- What types of damage are covered by the Consorcio de Compensaci acute;n de Seguros?
- The CCS covers what is specified in the insurance policy; those with better coverage will receive more. Automobiles, homes, community buildings, businesses, and personal damages are potentially covered, subject to policy terms.