Business World |

Experts are still at work, especially in four communes of Charentes-Maritimes, and the final figures will not be known until Thursday. But government has given an estimate on Wednesday: about 1,400 homes flooded during the passage of Xynthia end of February will be completely destroyed and can not be rebuilt in the same place, the area is considered extremely dangerous. This raises the issue of compensation for affected families.

"The amount of compensation to owners will be determined by the area (central sales of furniture plus the state – the Paris region – the management of unclaimed estates or vacant, ed.) The price will be based on the value of the house before the storm hit, "says the Department of Ecology.No question of compensation so fixed, but estimates made on a case by case basis with local officials.

Barnier Fund

The relocation of families should be through acquisitions amicably. The State may, however, to expropriate in case of disagreement. The compensation scheme will also be different depending on the damaged condition of the dwelling. If the house has been damaged, the insurance will pay compensation. Barnier Fund, created in 1995 for the property exposed to natural disasters and concurred in part by insurance premiums, make up the difference between amounts paid by insurers and the estimated value of the house.

If housing has however suffered no damage, but care must be razed, the fund will be responsible for the acquisition of the property without interference from insurers.The validity of permission will not come into account, the judicial inquiry liability will follow. "The goal is to enable victims to relocate quickly," says the department does not wish to increase the damage of the disaster victims with months of procedures.

ALSO READ:

"Xynthia: Bussereau considering a tax increase

"Xynthia: building permits in question

Soon card Vigilance Coast

"Xynthia: the state will fund 50% of repairs to levees

• Fukushima: Tepco down wages for repair
• Reforming finance Obama mired
• Ten tips for choosing the mutual health
• Life insurance for your grandchildren, it is possible
• Out with the "assholes" at work