BULGARIAN PROPERTIES Analyze Property Insurance in Bulgaria on TV2 Channel

2009-02-13   |  BULGARIAN PROPERTIES Head Office

On February 12th BULGARIAN PROPERTIES’ Operations Manager Polina Stoykova commented the property insurance market in Bulgaria in the evening program of the national television channel TV2.

Ms. Stoykova explained that as a whole Bulgarians are not used to insuring their properties as she added that an exception to the rule are the wealthier buyers. According to the data of the Insurance Unit at BULGARIAN PROPERTIES most of the insurances made in Sofia region are for apartments whose price is between 70,000 and 100,000 Euro.

The insurance premium is defined on the basis of the insurance company tariffs and depends on the type and location of the property insured, its insurance price, the agreed range of the insurance cover and the specific risk factors. For example, a property in Sofia with a price of 50,000 Euro can have a base cover insurance for about 150-200 BGN. For any extended covers that include furnishing and domestic appliances the price of the insurance increases.

In contrast to the company’s Bulgarian clients the foreign buyers demand almost in all cases to have their properties insured. That is why from the very beginning of the company’s activity BULGARIAN PROPERTIES set up the Insurance Unit. Apart from everything else this unit takes care of the renewal of the insurance policies and provides assistance in case of an occurrence of an insured event. Besides insurance of immovable property the company also offers all other types of insurance.

For a third year in a row the Insurance Unit of BULGARIAN PROPERTIES was announced number one broker in the country by one of the biggest insurance companies in Bulgaria.

For more information please contact our insurance expert Galya Zlatanova by e-mail or at +359 2 868 11 88, mobile +359 888 880 859

Read more about our insurance services

  Read more news

Properties in Bansko
Buy your own property in the top ski resort of Bansko! An all-year-round resort suitable for winter and summer tourism with the best prices in Europe! Prices starting from 15,000 Euros!
See More
Euphoria Club Hotel & Resort - your paradise in Borovets!
Fully furnished studios, 1- or 2- bedroom apartments and luxury villas in a unique complex in Borovets. All-year-round complex with all needed facilities for your comfortable stay - lobby bar, reception, bar and restaurant, outdoor and indoor pool, SPA center, underground parking and many more. Choose your holiday home here! No buyer's commission! Suitable for rental income.
See More

More News

latest news
Excellent market conditions to sell your property in Bulgaria in 2021!

2021 has started with a strong interest, many inquiries, viewings and already agreed new deals!

The Bulgarian real estate market now offers excellent conditions of which you can take advantage and list your property for sale with us!

Professionalism is proven best in difficult times. Since the very beginning of the pandemic, we haven't stop closing deals, providing f...

14 January, 2021
Company news
BULGARIAN PROPERTIES Agents of January 2021

We gave a great start to this year - with strong interest, many inquiries, viewings and already agreed new deals! 👏✨

And now let's meet the agents of the month - the people who were online during the holidays and worked literally until the last hours of last year to help you complete your plans and finish 2020 happy and satisfied with a new home and wonderful new emot...

07 January, 2021
Company news
The Winners in the Annual Awards of BULGARIAN PROPERTIES 2020

In 2020 BULGARIAN PROPERTIES kept the tradition and for the 13th time presented its Annual Awards for the best results and highest achievements over the past year.

This happened during a virtual ceremony attended by teams from the company's offices across the country.

2020 took a lot from us, but at the same time it gave us more enthusiasm, energy and c...

23 December, 2020
Press & Media
A Place in the Sun: Jonnie Irwin baffled as guest begins to cry over dream home 'Stop it!'

On 18th December A Place in the Sun showed an episode about house hunting in Tryavna, Bulgaria. BULGARIAN PROPERTIES helped Jonnie Irwin find a suitable home for Sarah - a teacher who fell in love with Bulgaria some 30 years ago while she was teaching here.

We picked 2 properties which met the requirements: a house near Tryavna for £ 27 364 and another house in the area for £ 34 58...

19 December, 2020