According to data from the professional association of insurers, UNSAR, member companies, received more than 215 storm-related claims notifications last week alone, submitted by individuals as well as companies. Of these, 57% were linked to voluntary home insurance policies, 28% to CASCO motor policies, while the remainder concerned insurance for corporate assets and property.
The trend is equally visible over a longer timeframe. On average, last year saw 15 homes and 15 vehicles compensated every day under voluntary home and CASCO insurance policies, following storms that impacted large parts of the country, UNSAR data show.
The figures highlight Romania’s growing exposure to climate-related risks, against a backdrop of persistently low insurance penetration. Currently, only around 18% of homes are protected against storm damage through voluntary insurance, while coverage stands at roughly 14% for corporate assets and just 10% for vehicles insured under CASCO policies.
In this context, the difference between major financial losses and a swift recovery often comes down to the existence of adequate insurance coverage.
“Both the frequency of these events and the high number of homes compensated daily clearly show that storms are no longer exceptions, but an increasingly common reality. At the same time, the low level of financial protection remains a major vulnerability,” said Alexandru Ciuncan.
“The financial impact of such events can be managed far more easily when homes and assets are covered by voluntary insurance, underlining their essential role in protecting personal property,” added Alina Bărbulescu.
As extreme weather events become more frequent, prevention and financial protection through insurance are emerging as key tools for limiting losses and strengthening resilience.
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