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Romanian insurers pay over 62 million lei for storm-damaged cars in 2025
๐Ÿ‡ท๐Ÿ‡ด Romania /Economy & Trade

Romanian insurers pay over 62 million lei for storm-damaged cars in 2025

From Adevฤƒrul · () Romanian

Translated from Romanian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Romanian insurers paid over 62 million lei for storm-damaged cars in early 2025.
  • On average, 15 cars and 15 homes received daily compensation for severe weather.
  • Only about 10% of Romanian vehicles have CASCO (comprehensive) insurance, leaving many exposed to costly repairs.

Romanian insurance companies have paid out more than 62.3 million lei in the first months of 2025 to cover damages to vehicles caused by storms. These payouts were made under CASCO policies, which cover vehicle damage beyond third-party liability.

According to the National Union of Insurance and Reinsurance Companies of Romania (UNSAR), an average of 15 vehicles and 15 homes were compensated daily due to severe weather phenomena. These include storms, hail, falling trees, and floods, which are increasingly causing significant financial losses.

UNSAR highlights that only approximately 10% of vehicles in Romania are protected by CASCO insurance. This leaves a large majority of car owners vulnerable to substantial repair costs following extreme weather events. Alexandru Ciuncan, president and general director of UNSAR, emphasized that CASCO insurance transforms major financial risks into manageable situations, providing essential protection for drivers during unforeseen events.

Extreme weather phenomena are no longer isolated events but a reality we face more and more often. A single storm can generate expenses difficult to bear from one's own budget. Practically, the CASCO policy transforms a major financial risk into a manageable situation, offering the protection drivers need exactly when an unforeseen event occurs.

โ€” Alexandru CiuncanAlexandru Ciuncan, president and general director of UNSAR, explained the importance of CASCO insurance in the face of increasing extreme weather events.
DistantNews Editorial

Originally published by Adevฤƒrul in Romanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.