Podcast in English
Text size
Bulgarian National Radio © 2025 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

Bulgaria to request convergence report for the eurozone by the end of the month

Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..

published on 2/18/25 8:59 AM

No Bulgarian citizens injured in Toronto plane crash

The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..

published on 2/18/25 8:53 AM

US has asked Bulgaria whether it would send troops to Ukraine

The decision to send troops to Ukraine is an exclusive prerogative of the parliament. This is stated in the position of the Ministry of Foreign Affairs, following a request made by the US to European countries. Questions about..

published on 2/18/25 8:43 AM