Hungary

Fl-St

Owners pay a contribution to the Fund. It compensates the owners in case of losses (Fl). Storms are covered by every home policy

Based on property value

Reimbursement up to insured value. Deductibles depend on the policy. The mean value is 200 ?(St)

Fund for Flood and Inland Water Compen-sation is guaranteed by the state. The state has refund the losses in case of uninsured properties (St)

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Iceland

Av-Eq-Fl-Ls-VE-

Semi-compulsory, extension of fire policy

Single premium

--

A public-private partner-ship is active

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--

--

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Ireland

Eq-Fl-Fr-St

Optional. The household insurance contracts include the covering of damage caused by natural extreme events

Risk-based

--

The State does not pay the compensation for damage to insurers

90

90

90

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Liechtenstein

All

If the building is localized in a site exposed to natural hazards, the insurance is mandatory. Private owners to avoid pay the premium should demonstrate that their home is not subject to any peril

The size of the premium

is regulated by the state

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100

Luxembourg

H-Fl-St-SW

Optional extension of base or multi-peril properties insurance policies

The policy price is free and risk-based

--

None

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5

90

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The Netherlands

All,

Except Eq-VE-and major river flood

Eq and F risks are not insurable. Insure against storm is optional (extension of property damage)

The policy price is free and risk-based. 0.15% of the insured capital

Deductibles are 2% of insured capital (St)

Government refunds losses by the Calamities Compensation Act for uninsurable risks. Recently has been discussed a new flood insurance system as a public-private partnership

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>75

Norway

Av-Cy-Eq- FF-Fl-Fr-H-Ls- St-VE

Semi-compulsory as an extension of fire policies

The policy price is based

on a flat rate

--

The State does not

guarantee the losses

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--

--

>90

Poland

Dr-Eq-Fl- Hl-Ls-St- SW

Optional (Eq-Fl-St)

The policy price is free and risk-based

--

Public funds are used to compensate for damages and mitigate the risks (Eq-Fl-St)

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50

90

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