Example damage scenarios and how both insurance policies apply
Imagine your house being severely affected by a violent storm with heavy rain and flooding. The ground floor is under water, furniture and household goods are damaged, and the masonry has absorbed moisture. In this case, traditional homeowners insurance would cover damage to the building that was directly caused by the storm. But what about during floods? Natural hazard insurance would come into play here, which also covers flood regions, and would cover the costs of removing the water damage and the associated renovation.
Another example would be a landslide that sweeps away part of your property and damages the foundation of your home. While residential building insurance may not come into play here, natural hazard insurance, which takes the risk of a landslide into account as an important value factor, offers the necessary protection and covers the costs incurred.
Product recommendation: In both cases it shows how useful it is to have all-round protection for your household goods. If you are looking for combined protection, you should take a look at the offer CosmosDirect*-Take a closer look at insurance. With its extensive service portfolio, it ensures that homeowners are well protected in almost every situation. This means that your home remains a safe haven even in stormy times.