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HomeDanish PoliticsLaw proposals and ideasDenmark’s Economic Council proposes a higher insurance cost against storm surge damages...

Denmark’s Economic Council proposes a higher insurance cost against storm surge damages for people living in high-risk coastal areas

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The last storm surge in October left behind damages worth 2 billion DKK. It is expected that the frequency of extreme storm surges will increase in the following years, which could lead to billions of DKK in damages every year. At the moment, we all pay the same insurance against storm surges, no matter where you are in Denmark. Denmark’s Economic Council would like to discourage people from living in high-risk coastal areas by increasing the cost of insurance

  • DD (populist nationalist) and DF (conservative nationalist) are against the idea. Moderaterne (social-liberals), SF (socialists), Liberal Alliance (libertarians) and Enhedslisten (red-green alliance) support the idea. Venstre (liberals) considers it’s not the right time to talk about it. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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