Posted
Video length: 2 min.
It’s time for compensation for traders who are victims of looters. Only, some are facing difficulties. In Paris, for example, a jewelry store could see its future threatened. Reporting.
The windows are empty. Parisian jewelers have nothing left to sell. On images, a neighbor films the theft of their merchandise Thursday, June 29. In a few minutes, everything disappeared. They estimate their losses at 40,000 euros, while the store had only been open for three weeks. Today, their insurer refuses to cover them. Yacine Chacal, representative jewelryexplain : “On our side, we are supposed to be insured since May 1. […] Today, the insurance says that we are not insured because they would not have issued an insurance certificate.”
A move by insurers
A tobacco bar was also targeted by looters. According to the manager, the damage would amount to 100,000 euros. Due to a lack of stock, its turnover has already fallen by 50%. The future of his business will depend on compensation. According to the government, 90 to 95% professionals are insured against fire, but not systematically against vandalism and theft. So, today, insurers are committed to extending the claim reporting period to 30 days, to accelerating compensation and to paying installments. The first material toll of the riots is estimated at more than 280 million euros.