Luxembourg offers suplimentary insurance for flood damage

As a result of severe flooding in Luxembourg that occurred in July last year, the government and the association of insurance companies have taken the decision to introduce an optional supplement for house insurance against flood damage.

The five insurance companies Allianz, Axa, Bâloise, Foyer and Lalux offer supplementary insurance before June 2017 covering damages of up to EUR 200,000 per year and per claim.

However, this upper 20,000 euros per year limit is restricted to inhabitants of the so-called risk zones near to the banks of the Moselle and Sauer rivers.

Details of the policies are determined by the respective insurance companies themselves.

Those interested should contact the companies directly to find out the exact offers.

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