STORM DAMAGE HITS RECORD €8.6M IN CLAIMS
Just under 2,000 claims filed
The storm that wreaked havoc at the end of last month has resulted in insurance claims of more than €8.6 million, Times of Malta is informed.
Described as the most devastating since 1982, the storm that battered the islands during the last weekend of February caused damage everywhere, with insurers receiving claims for destroyed buildings, both private and commercial, as well as motor vehicles, boats and yachts.
Malta Insurance Association director general Adrian Galea said the value of claims for private property and household policies topped €3.6 million while those for damages to commercial properties rose to €3.3 million.
Read: 'Worst storm since 1982' saw record gusts of 133km/h
Claims for damages sustained by motor vehicles and pleasure crafts (boats and yachts) amounted to a further €1.5 million.
More
To read the full article kindly click here.
As reported on the Times of Malta on Saturday, March 30, 2019, by Ms Claire Caruana.
Insure with Confidence:
Your Trusted Insurance Hub
It is a non profit-making organisation that represents the views and common interests of all insurance companies in Malta.
More about usMore related news
The real cost of a crash is after the road reopens
A reckless driver does not slow down because a law has been introduced... Behaviour will only change when pe...more
Read More
Reckless driving puts lives at risk
Reckless driving puts lives at risk… Recent incidents on Malta’s roads are a reminder that motorists sho...more
Read More
Digital vehicle licences in Malta
Imagine how much easier it would be if we had a digital system that would allow your licence status to be up...more
Read More
Social Icons