Loadshedding Insurance: Eskom not liable

Eskom apparently opts out of liability, according to Insurance Risks Manager, Dawie Buys in his conversation with Xolani Gwala. He explains the impact of loadshedding on insurance policies/ claims:

There has been an increase in insurance claims due to damage caused by loadshedding, in particular:

  • Personal consumers/ domestic (electronics/ appliances)
  • Business (machinery)

With regards to recent house break-ins from areas that are targeted by thieves during their loadshedding times, Buys warns the public to take precaution by:

  • Making sure all your back up batteries for alarm systems and gates are always in working order
  • Informing alarm company of loadshedding times and ask for more patrol

Buys says that these measures put in place with most likely make your insurance claim successful.

Listen to the full conversation below:

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