After the storms that raged in Latvia last weekend, insurers postponed payments of 8.05 million euros

After the storms that raged in Latvia last weekend, insurers postponed payments of 8.05 million euros

424 thousand euros have already been paid to compensate for the damages caused by the storm.

It is believed that the number of claims and the total amount of damages will still increase, as individuals and companies continue to assess the damage suffered and submit claims to insurers.

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According to LAA president Janis Abašinis, preliminary data shows that the storm caused significant damage, although the process of accepting claims and assessing damage has only just begun.

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“We believe that both the number of claims and the total amount of compensation will continue to increase. Insurers are processing a large number of claims and doing everything possible to assess clients’ losses and pay out compensation as quickly as possible,” he added.

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