Romania: Four in five homes in Romania are uninsured despite law making it (...)

June 29, 2022

Four in five homes in Romania are uninsured despite law making it mandatory
Jun 29, 2022

Four in five homes in Romania are uninsured despite law making it mandatory.

Only 1.8 million (19%) out of the nearly 9.6 million homes in Romania were insured in case of natural disaster at the end of 2021, despite a law making home insurance mandatory it since 2009. A major earthquake or flood would, therefore, find 81% of homeowners exposed and liable for any (...)

[Read the article in Romania Business Insider]

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