Floods, mudslides, storms, etc. have caused enormous damage in recent days. Many people are confronted with the ruins of their existence. The ‘Krone’ has therefore looked at where help is available and how much money can be expected from insurance companies or the disaster fund.
The heavy rains and storm caused enormous damage throughout the country. Many houses are under water and roofs and cars are damaged by the storm and falling trees. It is still unclear how high the damage will ultimately be. Experts expect at least a high amount of three figures in millions.
Much damage will likely not be covered
One thing is already clear: the hardest hit households will likely continue to bear the bulk of their damage costs.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
