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

Dead calm waters along Black Sea coast, sunbathers should be cautious

In recent days, there have been several fatal incidents of tourists drowning on the Southern Black Sea coast, reports BNT.  The strong northeast wind and dead current pose risks to life, especially for inattentive tourists.  On most..

published on 8/14/25 11:33 AM

Podkrepa trade union warns of a growing budget deficit

The growing risk of a high deficit ahead of the current and next budget requires timely, wise and sustainable decisions that should not lead to impoverishment of people, but to promoting the economy , states the Podkrepa Confederation of Lbour trade..

published on 8/14/25 11:19 AM

Fire near Kardzhali Dam poses threat to nearby villages

All night long, fire brigade teams and forest officials made every effort to prevent the large forest fire that broke out yesterday in the late afternoon near the Kardzhali Dam from spreading to the nearby villages of Ridovo and Snezhinkite. The fire..

published on 8/14/25 9:47 AM