The bill for the early summer riots is still rising. The cost of the damage linked to the urban violence which followed the death of 17-year-old Nahel, killed in Nanterre by the police during a traffic check, was reassessed on Wednesday at 730 million euros, against 650 million previously, according to France Assureurs .
Damage to professional property and local authorities represents more than 90% of the total cost (65% and 27% respectively), according to the federation of insurers. A total of 15,600 claims were reported.
A gesture for small independent traders
“This reassessment of the damage linked to urban violence at the end of June confirms the heavy price paid by local authorities and their insurers for these riots”, declared Florence Lustman, president of France Assureurs.
As of July 1, the Minister of the Economy Bruno Le Maire had asked insurers to extend the declaration deadlines, reduce deductibles and quickly compensate professionals who were victims of the riots, towards whom the banks were also called upon to show of understanding. The professional federation had invited its members three days later to “reduce” the deductibles for the “small independent traders hardest hit” by the urban violence.