The impact of Filomena: what damages does your insurance cover?

The impact of Filomena: what damages does your insurance cover?

Home > Blog > The impact of Filomena: what damages does your insurance cover?

01.Jan.2021

Insurers are used to the damage caused by snowfall, but Filomena exceeded all expectations.

It is still too early to make an assessment of the full damage caused by Storm Filomena. There is still a lot of snow and ice to clean up. Much of the damage was evident from the first hours of the great snowfall, while others will begin to emerge once the white mantle retreats from the most badly-affected areas. Don’t worry. This is not an unfamiliar situation for insurers, since the damage caused by snowfall is one of the incidents that they deal with most during the winter. Filomena has simply increased the scale of these damages.

Household damages

When it comes to snow damage to your home, the first thing you need to do is check your policy carefully to find out exactly what it covers. However, unlike other atmospheric phenomena such as wind or rain, in the case of snow it is not usually necessary to meet minimum quantity limits to claim insurance. Some of the typical damages caused by snow are leaks from the thaw, roof collapse, frozen pipes, etc.

Fallen trees

Photos of fallen trees crushing cars parked on the roadside are certainly one of the most eyecatching images of snowstorms. If you are in this situation, you will be interested to know that your insurance company will cover these damages provided you contracted them in your policy. In other words, regardless of whether it was caused by snowfall, the damage to your vehicle will be repaired just as if it had been caused by any other commonly-occurring incident.

If you have taken out third party insurance that does not cover damage to your vehicle, you may be able to lodge a claim against the owner of the fallen tree, whether they are a private individual or a public body, but for this to be successful you have to prove that there was negligence in its maintenance.

The Insurance Compensation Consortium has no obligation whatsoever to compensate these damages, since snowfall is not included in the list of extraordinary risks that this body covers.

The dreaded slip

When it comes to personal injuries caused by falling in the snow or slipping on ice on the sidewalks, if you have health insurance this will go into effect and operate in just the same way as if you have a traffic accident due to the state of the roads.

Keep alert

The most important thing during the first days after a major snowfall is not to leave the house unless it is essential; remove snow from windows, air conditioning units, antennae and terraces; keep your cellphones charged; make sure you have water reserves at home; stay in contact with family and neighbors; and keep the house warm both day and night, while continuing to air the rooms regularly.

You may also like…

Saving is also for young people

Saving is also for young people

Retirement horizon Although the proportion of those who have started saving for retirement is less than a fifth (17%), six out of ten (63%) of those who are not yet saving believe that it is advisable to do so, starting at around the age of 38. Of those who have...

11 ways to get the most out of your home

11 ways to get the most out of your home

In other words, they have lots of assets and little income. This paradox is even greater in retirement, especially for those who have not planned ahead and whose only income is a public pension. One formula for reversing this situation is to treat your home as what it...

Digital risks: secure yourself against cyberattacks

Digital risks: secure yourself against cyberattacks

Simply having a smartphone on which you keep information related to the business, clients, accounts, suppliers and so on is enough... this is usually the main entry point for computer viruses, unauthorized access, fraud, system blocking, virtual kidnaps, data...

What is embedded insurance?

What is embedded insurance?

Linked to the purchasing process So-called "embedded insurance" is one of the big trends within this transformation process. In fact, a 2021 InsTech London report predicted that the global embedded insurance market will grow to $722 billion in gross written premiums...

10 saving tricks for beating inflation

10 saving tricks for beating inflation

Inflation is simply a generalized price increase, in this case caused by the rising price of energy, which affects the entire value chain and is then passed on to other products. In other words, prices go up and every day you pay more for the same thing. There is...

ON-OFF Insurance: cover at the touch of a button

ON-OFF Insurance: cover at the touch of a button

  The philosophy behind this type of insurance is "pay-as-you-go", also known as the "on-demand" philosophy. On-demand For example, if you only use your computer when you are at home, you probably don't need to insure it; but if you take it on a trip, an...