In recent years, Isolated High-Level Depressions (DANA) have become a recurring phenomenon in Spain, leaving floods, material damage and human losses in their wake. The most recent DANA in Valencia once again highlights the need to be prepared not only in terms of infrastructure, but also in the way we manage claims arising from these extreme events.

The Impact of the DANA in Valencia:

The DANA in Valencia brought torrential rains in its wake that affected homes, businesses, roads and crops. The material damage was extensive, and disruptions to economic activity represented a significant blow to families and companies. In situations like this, the question is not only how to rebuild, but also how to do so efficiently and with the necessary support. Fortunately for insurers operating in Spain, in this country there is a public body, the Insurance Compensation Consortium, which is the insurer of catastrophic incidents.

The Role of Insurance in Natural Catastrophes:

In large-scale events such as a DANA, having an adequate insurance policy is crucial. However, the reality is that many times often the coverage contracted is not sufficient or does not align with the real needs of the insured. Added to this is the complexity of managing a massive incident, where insurers, adjusters and the insured must coordinate efforts in a context of high pressure.

  • Insufficient Coverage: Often, the damages exceed the limits of the policies contracted, leaving those affected with considerable economic losses.
  • Unexpected Exclusions: Sometimes, the specific exclusions of a policy can surprise the insured, leaving some critical aspects of the incident uncovered.
  • Delays in Management: Overburdened of care systems and lack of adequate documentation can significantly delay compensation processes.

The Need for Specialized Advice:

This is where the role of a consulting company specialized in claims management, such as Vantevo, becomes fundamental. From the moment the claim occurs until the final resolution, having experts who guide and represent the interests of the insured can make a difference in terms of time, costs and peace of mind.

  • Policy Analysis: Ensure that the contracted coverages are aligned with real needs.
  • Efficient Documentation: Facilitate and structure the documentation to support the claim.
  • Strategic Management: Negotiate with insurers and adjusters to obtain a fair and agile resolution.
  • Prevention and Planning: Help companies and individuals better prepare for future climate events.

Final Reflection

DANA in Valencia is a reminder that natural disasters are inevitable, but their consequences can be mitigated with proper preparation and management. Having insurance is not enough; it is essential to know how to use it effectively. In this context, having the support of claims experts can make the difference between a quick recovery and a prolonged process full of uncertainty.

At Vantevo, we believe that each insured deserves personalized representation and advice to face the challenges that claims bring. We are here to help you be prepared and protected against any eventuality.