WEGs in exposed locations or regions where heavy rain, flooding, or backwater is increasingly debated.
Coverage
Protection against flood, heavy rain, backwater, and other natural hazards
Natural hazard insurance
Natural hazard coverage extends building insurance for risks such as flooding, heavy rain, backwater, earthquake, subsidence, landslide, snow pressure, avalanches, and volcanic eruption.Program fitNatural hazard insurance
- Insured damage to the building caused by listed natural hazards, depending on the wording.
- Flooding, heavy rain, backwater, snow pressure, landslide, subsidence, and earthquake where included.
- Associated costs such as cleanup, drying, demolition, and temporary protective measures when insured.
Who this is for
Ingo separates WEG object insurance from the property manager's own business risk, so owners and managers can make cleaner decisions.
Property managers preparing owners for premium, deductible, and risk-zone discussions.
Buildings with basements, underground garages, low entrances, hillside positions, or nearby bodies of water.
What to watch
WEG insurance decisions need to be understandable for owners while still being precise enough for underwriting, claims, and renewals.
Backwater damage may require functioning backwater protection and documented maintenance.
Risk zones, previous losses, and local exposure can limit market availability or raise deductibles.
Owners often need a practical comparison of premium, deductible, exclusions, and uninsured loss potential.
How Ingo reviews it
A clear review turns policy wording, object data, claims history, and owners' meeting decisions into practical options.
Assess address-level exposure, loss history, basement use, drainage, and backwater protection.
Request options from the current carrier and alternative markets where available.
Prepare an owners' meeting summary with coverage scope, deductibles, exclusions, and recommendation.
Review checklist
Bring these materials to a broker conversation so the review can move from policy labels to concrete terms.
- Current building policy and natural hazard status
- Information on basement, underground garage, drainage, and backwater valves
- Known flood, heavy rain, or backwater events at the property
- Photos or documents for protective measures and maintenance
Common questions
Is heavy rain automatically insured?
No. Heavy rain and flooding usually require natural hazard coverage in addition to standard building insurance.
Can every WEG buy natural hazard insurance?
Not always on attractive terms. Availability and deductibles depend on the address, exposure, prior losses, and protective measures.
Review WEG insurance before renewal pressure starts.
Compare policy wording, deductibles, exclusions, and object data before the next owners' meeting.