Stand:updated on 28.07.2022 | Topic Consumer protection Buildings insurance
Residential buildings insurance (referred to here as buildings insurance) covers the cost of repairing damage to a building caused by an insured peril (such as fire, water leaks, storms/hail).
Natural disaster insurance
Buildings insurance, which usually covers damage caused by fire, lightning strikes, explosions, implosions, water leaks, burst pipes, frost, storms, hail etc., can be extended to include natural disaster insurance. Natural disaster insurance can cover damage caused to a building by, for example, flooding (e.g. due to heavy rainfall or high water levels), water backup, snow load, earthquakes, avalanches, volcano eruptions or landslides. Review whether insurance that covers natural disasters makes sense for you and, if it does, consider extending your insurance coverage. Please check which specific natural disasters are covered and what your obligations are (e.g. installing a backwater valve). Your insurer will only pay claims for damage caused by such events if you have extended your buildings insurance to include natural disaster insurance that covers the relevant perils. The same applies to home contents insurance.