Damage, Looting: Who Will Pay?
13 Articles
13 Articles
"At least 3,000 businesses" have been hit by ransacks or looting this weekend, the government said. Private property has also been degraded, such as vehicles. Figaro takes stock of the steps to be taken if you are one of the victims.
While the government has planned to increase the coverage of riot damage by insurers by means of a riot guarantee passed in the February 2026 Finance Act, in fact this new law is not yet applied, stresses to AFP Quentin Charluteau, an insurance lawyer at Simmons & Simmons. This law "provides for the transfer of State responsibility to insurers, i.e. to all insured persons", and it has entered into force, but "the implementing decrees have not be…
For businesses alone, the damage is already estimated at several hundreds of thousands of euros, not to mention the deterioration of town halls and public buildings. Nearly 1,500 shops were ransacked all over France on 17 October, on the margins of the mobilization. So who will pay? All traders are at least insured, but will have to pay a deductible from their pocket. Urban furniture repairs are, they, taken over by the insurances of the communi…
In the wake of the outbursts on the margins of the demonstrations of this Saturday, 17 October, the traders note the extent of the material damage, between desolation and torment Despite the deterioration, the
Dozens of shops in France, and especially in Paris, paid the cost of the mobilizations of October 17 and riot scenes on the margins of the parades. Mayor Emmanuel Grégoire evoked "methodically ravaged streets".
In France, luxury stores and technology businesses were looted during the protests on October 17, and Rolex and Louis Vuitton products were stolen. Trade Minister Serge Papin announced that they estimate at least 3,000 businesses were affected nationwide.
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