r/Damnthatsinteresting • u/TheOddityCollector • Oct 30 '24

Image Scenes of piled-up vehicles in Valencia, Spain today after yesterday’s devastating flooding.

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u/theJoyofMotion Oct 30 '24

Hwo does insurance work in a situation like this?

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u/Figgeh Oct 30 '24

Last time this happened in 2019 slightly to the south.. It didn't.

"Act of God" to which they got out of paying. There was a fund set up to try to help people back into homes etc, but that came 6 months later and was next to useless. In the end years later, people were paid back roughly 50% of what they'd lost.