Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Home insurance is less popular in Bulgaria

Photo: library

Only 5% of the real estate of Bulgarians is insured against natural disasters, BNR’s Horizont Programme has reported.

According to a study by the Association of Bulgarian Insurers, this is mainly due to lack of knowledge about the service, lack of trust and the idea of that this is expensive insurance. At their lowest levels, prices start at 5 to 10 euros per year, with different insurers.

Apart from home insurance, the state can also cover damages from disasters, but if it was established that this was due to the fault of the respective regional administration, which had not taken necessary measures to prevent possible damages, experts told BNR.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

No significant rise in the price of sunflower oil to be expected

The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR...

published on 9/30/24 9:55 AM

Operation underway in Burgas against vote-buyng

A police operation was launched early this morning on the territory of Burgas against vote-buying. The operation aims to guarantee the normal process of voting at the early election for parliament on 27 October. Police are checking private..

published on 9/30/24 9:32 AM

Bulgaria among European countries with the greatest housing stock per capita

Bulgaria is among the leading countries in the number of own homes, and first among 24 countries of Europe, the Deloitte global index shows. According to the data provided by national offices of Deloitte in surveyed countries, Bulgaria has the..

published on 9/30/24 9:20 AM