Basic insurance for your business
Heavy rain & flooding
Buildings and properties can be flooded by heavy rain or rising rivers. Water can penetrate into basements and other lower parts of buildings through overloaded sewers.
Storm and hail
Storms, heavy rain or hail cause damage to roofs, facades, windows, and other parts of buildings. This also includes machinery, vehicles, and other equipment.
Lightning strike
A direct lightning strike causes damage to buildings, electronics, or infrastructure or results in secondary damage such as fires or electronic damage.
Snow & Ice
Ice formation on roofs, roads, and pathways leads to accidents such as increased risk of slipping. Additionally, the weight of the snow can cause collapses or structural damage.
What could happen...
How the right basic insurance can help you.
Elementary insurance
What you should definitely pay attention to:
Insurance coverage
Be sure to check which natural events are covered (e.g. floods, landslides, earthquakes, storms, hail, avalanches, snow and ice pressure, lightning strikes, tornadoes) and pay attention to exclusions and coverage limitations. Some insurances exclude certain events or regions.
Sum insured
Make sure that the insurance coverage is sufficient to cover the cost of rebuilding or repairing the damaged property. Therefore, it's important to regularly review and adjust it to the current value of your property.
Amount of deductible
Determine the amount of the deductible that you must bear in the event of a claim. A higher deductible can reduce premiums, but can also lead to higher costs in the event of a claim.
More important points of a good elementary insurance
Hazard analysis
Have a risk assessment conducted to better assess the risk of natural disasters in your region. Check if your location is in a high-risk zone for certain natural hazards, as this can affect insurance premiums.
Damage prevention
Take measures for damage prevention, such as backflow preventers, water-repellent construction methods, or lightning protection systems, to minimize the risk and potentially receive premium discounts.
Contract terms
Pay attention to contract durations and termination periods when concluding the contract, as well as the procedure in the event of damage & insurance claims and the associated reporting deadlines for damages.
For further questions or information regarding elemental insurance, we are at your disposal.
