Flood damages in Slovakia amount to millions of euros

The recent flooding in Slovakia has caused damages amounting to millions of euros, the ČTK newswire wrote on June 7. The country’s biggest insurance company Allianz-Slovenská Poisťovňa, has so far registered 17,500 insurance claims with damages totalling €9.5 million.

The recent flooding in Slovakia has caused damages amounting to millions of euros, the ČTK newswire wrote on June 7. The country’s biggest insurance company Allianz-Slovenská Poisťovňa, has so far registered 17,500 insurance claims with damages totalling €9.5 million.

“We expect as many as 25,000 insurance claims, amounting to €20 million,” Petra Greksová of the Allianz-Slovenská Poisťovňa’s press department said. So far, the insurance company has handled 4,500 claims with damage compensation of almost €700,000.

Generali Slovensko insurance company has registered 1,230 reports of material damage but said the number will probably double. “Clients must wait until the water sinks and they will start also reporting damages of their vehicles,” said Zuzana Hliváková, the head of the company’s marketing and communication department. She added that smaller damages are paid within five days from being reported and for larger claims requiring expert opinion, the company offers advance payments.

One of the biggest Slovak banks, VÚB, also responded to the flooding by permitting clients with fixed-date saving accounts to withdraw their savings without any penalty.

Source: ČTK

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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