This insurance is truly explosive
Aug. 3rd, 2022 06:23 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
nineveh_ukI've not been feeling so great the past couple of days, so it is very nice to have a new Icelandic volcanic eruption to enjoy as of a couple of hours ago. Well, I say 'new' it's next door to the last one, having followed a very similar path to blast off, and the webcam is already up and running. Though not quite in the best place. (Ed. One of the webcams has now been moved for a better view.)
I also this week found the answer to a question I have long pondered, though not sufficiently to look up - who covers the insurance. Answer, Iceland's 'Natural Catastrophe Insurance', a government scheme established in 1975, and covering damage arising from earthquakes, volcanic eruptions, landslides, avalanches and floods. Premiums are collected automatically alongside fire insurance (which is privately run), which is compulsory for Icelandic buildings. So now I know, and you do too!
I also this week found the answer to a question I have long pondered, though not sufficiently to look up - who covers the insurance. Answer, Iceland's 'Natural Catastrophe Insurance', a government scheme established in 1975, and covering damage arising from earthquakes, volcanic eruptions, landslides, avalanches and floods. Premiums are collected automatically alongside fire insurance (which is privately run), which is compulsory for Icelandic buildings. So now I know, and you do too!