Of the total, “€600 million will be paid out for damaged buildings, belongings, and commercial and industrial businesses” in around 500,000 cases, the GDV insurance federation said in a statement.
With an additional €75 million of damage to 40,000 cars and other vehicles, Sabine – known as Ciara elsewhere in Europe – was the sixth-worst winter storm for insurers since 2002.
Worst of all was hurricane Kyrill, which battered Germany in 2007 to the tune of €3 billion of insured damage.
Meanwhile in 2002, Storm Jeanette took a €1.3 billion toll and 2018's Friederike one billion.
On top of the financial fallout, this year's storm, which hit Germany hardest on February 10th and 11th, left at least three people badly injured and forced rail operator Deutsche Bahn to shut down intercity trains.
Hundreds of flights were also cancelled at several of the country's largest airports.