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Less than 20% of all homes in Romania were insured in 2020 against certain risks, and more than half of Romanians (54%) say they are worried about the danger of an earthquake, according to a survey commissioned by National Union of Insurance and Reinsurance Companies in Romania (UNSAR) and conducted in 2020 by the Romanian Institute for Evaluation and Strategy (IRES).
UNSAR data submitted to AGERPRES on Thursday mark 44 years since a 7.2-magnitude earthquake hit Romania on March 4, 1977 leaving a tragic toll behind both in human casualties and social and economic destruction, including 1,600 human fatalities and 35,000 destroyed properties.
In Romania, the share of housing covered by an insurance policy is still low, with just less than 20% of them being protected, despite an increase by three percentage points, in 2020 from 2019, of the stated interest of Romanians in housing and property insurance.