The lethal floods that affected south-east France from 22-24 November caused losses with a provisional estimated cost of 285 million Euros
Insurers have so far recorded almost 20,000 claims following the floods that hit the Alpes-Maritimes and Var departments between 22 and 24 November. The total cost of the insured damage is estimated at 285 million Euros for this period alone.
Extremely heavy rain lashed the south-east of France on 22, 23 and 24 November. A week later, insurers have recorded almost 20,000 claims. According to the insurance industry, this extreme weather could result in as many as 40,000 claims in total, with an estimated cost of 285 million Euros. This figure, made up of damage caused to homes (74%), vehicles (13%) and business property (13%), is corroborated by the numerical modelling carried out by the French public-sector reinsurer, the CCR.
This estimate will no doubt rise following the second bout of heavy rain suffered by the region on 1 December.
By way of comparison, the floods in the Aude department on 14 and 15 October 2018 resulted in almost 29,000 claims with an estimated total cost of 256 million Euros. The rains in Béziers on 22, 23 and 24 October this year led to 50,000 claims with an estimated cost of 138 million Euros.
Insurers are taking emergency action to support their insured parties with claims processes in each of the departments affected by this extreme weather. Claims may be made by any means and the industry will make advance payments based on need in order to provide those affected with the best possible support.
The FFA pays tribute to the memory of the three rescue workers who lost their lives during the night of 1-2 December and expresses its sympathy to the families of the eleven people who died these last two weekends.