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Floods and the Insurance Consortium

The end of October was quite disastrous for the Canary Islands. From October 20 to 24, torrential downpours caused 2,100 claims in homes, businesses, industry and 500 vehicles. The cost to fix the damages amounts to between 7.5 and 8 million euros.

The Insurance Compensation Consortium sent 30 insurance appraisers to the area to evaluate the claims made by policyholders, as the Consortium always responds when there is insurance.

Heavy rain also caused 500 claims in Andalusia totalling 2.3 million. 14 appraisers are on hand in the area evaluating the damages.