Expenses for water damage in Norway has more than doubled since 2008. In the same period, the number making claims of water damage increased by 60 percent. Climate change leads to more extreme weather and greater precipitation.
– The reason why we have so much more water damage is climate change. There is no other explanation, Head of Finance Norway, Mia Ebeltoft, said.
In 2008 insurers paid out 800 million NOK to cover water damage in Norway. In 2015 the figure was 1.7 billion NOK.
During the same period, the number of water damage claims went from 19300 to 30400.
– The damage has multiplied, and costs more, says Ebeltoft, which calls for more responsibility to prevent water damage.
Source: NTB scanpix / Norway Today