What must a building insurance pay in case of storm damage?

Don’t you have a trusted person or something who can help you out a bit now? Everything online, done cheaply? Or not?

Ok, thanks!
However, I do have an advisor. The insurance contract has also existed for at least 30 years and was adjusted a few years ago.

Why don't you go to him now? He should do something for an old customer.

Thank you

.? what kind of person is that? Floating new value insurance as opposed to fixed tariff or actual cash value insurance. We insure an item. Value today 20k. The item gets damaged. Total loss. Floating new value, you are allowed to replace it new, insurance pays. Fixed tariff, you get 20k. .... Actual cash value, you get actual cash value, there are factors, known from full comprehensive car insurance, where actual cash value is normal. Fixed tariff common in shipping. The freighter Pride of Morning Glory, home port Monrovia, used as a refugee ferry between Tripoli and Sicily is insured with a 4.5 million fixed tariff at Lloyds, for example. Floating new value typical in building insurance. Catch, the enrichment prohibition. An insurance is a kind of guild. Many stand behind with their premiums to ensure that the individual receives help in case of damage. Help means compensation, but not enrichment through the insurance case. So if your roof was already almost done for, then suspicion is close that you provoked the damage. By doing nothing. Then paying for a new roof would be fraud against the other premium payers. So, what exactly is, you know best yourself. Karsten

So if this party room was insured under your building insurance, it must generally cover the costs for the reconstruction. The actual costs must be proven by you through an invoice. A payment of the current value would only apply in the case of a total loss WITHOUT subsequent reconstruction. Many people's sense of justice may be different here, but the insurance conditions are quite clear.