He Insurance Compensation Consortium (CCS)the public body in charge of compensating policyholders in cases of catastrophes, has already received 116,000 claims for DANA catastrophic that swept the province of Valencia last week. Barely eight days have passed since the tragedy, but Applications now equal the usual volume for disasters in an entire year. In fact, in just over a week almost the same requests have been recorded as all those registered in the volcanic eruption of La Palma or the Lorca earthquake in 2011 (Murcia).
This was expressed by the general director of Insurance, José Antonio Fernández, in a press conference held this Thursday to report on the status of claims to the CSS, dependent on the Ministry of Economy. The insurance is currently processing about 50,000 applicationswho already have an expert assigned. The number of expert assessment professionals deployed now reaches 800, but Fernández expects it to double next week, which should accelerate disbursements.
The first compensatory payments have already begun to be producedbut a specific figure is not yet known because they are rare. “At first it starts at a reduced speed, but as the experts begin to process their assessments it will increase in the coming days and weeks,” Álvarez noted at the meeting of the crisis committee in Moncloa.
Economía estimates that total disbursements due to DANA may reach 3.5 billion euros. We are talking about an amount equivalent to one in three euros of the response package of 10.6 billion that the Government presented last Tuesday and which has already begun to operate.
Vehicles and houses take up the claims
The General Director of Insurance has revealed that the bulk of insurance claims relate to vehicles and housing. Specifically, the data recorded on Wednesday, November 6, reflected 109,480 claims, of which the 61% (66,067) were due to damaged vehicles and 30% (33,852) were due to homes or communities of owners. In the case of cars, the consortium is also taking care of locating them, given that many of them were scattered by the floods.
Likewise, they have received 6,834 complaints from businesses and warehouses; 2,195 for industrial facilities (where compensation can reach a very significant amount); 509 for offices and 23 for civil works.
It is important to remember that Only people who have contracted insurance can claim compensation. prior to the catastrophe. The consortium will take care of the life, car, home, company, business or loss of profit insurance that is in force. The coverage will be equivalent to that of the policy that was contracted and the amount returned will correspond to the market value of the protected asset. That is, the market value of the asset, taking into account depreciation due to use, conservation, wear and tear…
Aid without proving data
Those who, due to the catastrophe, have lost property that was not insured may request financial aid that the Government has deployed. Subsidies can reach 60,000 euros in case of destruction of the habitual residence41,280 for structural damage and 20,640 euros in cases where the damage is not structural. In addition, you will be eligible for aid of up to 10,300 euros to change or repair furniture, appliances and belongings.
The Undersecretary of the Interior, Susana Crisóstomo, has provided some news on this section. Specifically, he clarified that Citizens will not have to provide information about damaged property. It will be the administration itself that will cross-reference data with local administrations to access the documents. “Bureaucracy is not going to be a problem,” he assured.
Chrysostom has also pointed out that A model form will be provided to citizens that will also be available on the website and that it will be enough to provide the bank details. To present it in person, you can go to the Government subdelegations or post offices. Likewise, the undersecretary has announced that they can now be processed on-line duplicate driving license or deregistration of damaged vehicles without paying fees.