Europa Group: Poles spend PLN 100-200 per year on home insurance

The vast majority of Poles (nearly 80 percent) buy real estate insurance. They usually spend between PLN 100 and PLN 200 per year to buy a house or flat insurance policy, according to a report by Europa Group. Over half of the respondents surveyed for the study admitted that their residential property had been insured for at least eight years. As much as 74 percent of property owners buy one-year insurance policies. Monika Ziółkowska, a real estate insurance expert at Europa Group, said that those holding house or flat insurance policies most often report damage caused by flooding or by strong hurricane winds, whose incidence is increasing in Poland.

(ISBnews)