16 Sep, 2019 @ 13:55
1 min read

At least 25,000 people affected by devastating floods in southern and eastern Spain as insurance claims expected to surpass €140 million

LAST week’s devastating floods have affected at least 25,000 people and will see more than €140 million paid out in insurance claims. 

According to experts at the Insurance Compensation Consortium, damages made to homes, shops and insured vehicles across the southeast peninsular will see at least €142 million paid out in claims.

Director Alejandro Izuzquiza warned, however, that this number was still very provisional given that areas of Valencia are still inaccessible and impossible to assess for damages.

In the Valencian Community, the consortium estimates that there are around 10,000 claims, totalling near €70 million.

In the Region of Murcia, where the figures are somewhat more definitive, the consortium estimates that there around 12,500 affected people, with around €62 million in damages.

In Andalucia, the damage is estimated to be around €10 million euros, with about 2,500 people affected.

Heavy rainfall in Almeria led to at least 700 potential claims with an estimate of damages worth €3.5 million.

Of these, 600 are homes and commercial premises while the rest are vehicles.

In Granada, the damage figure is slightly lower (€2.2 million), while the volume of claims is actually higher, sitting at around 915 (810 homes and 105 vehicles).

In Malaga, meanwhile, there are about 800 people affected (the majority in the Guadalhorce region) and the cost of the damage is estimated at €4 million.

The insurance figures only include homes, commercial businesses and vehicles owned by residents.

It does not include the structural damage which will have to be paid for by the government.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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