Hailstorm Devastates Crops and Infrastructure in Southwestern Bulgaria
A severe hailstorm struck Garmen Municipality in Southwestern Bulgaria on the evening of June 27
Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M
Business | July 22, 2014, Tuesday // 16:47
- Tweet
Send to Kindle
Damages from the devastating hailstorm that hit Bulgaria's Sofia about 2 weeks ago will cost insurance companies more than BGN 100M.
So far, the big companies only have received damage claims for nearly 50,000 vehicles and the average compensation amounts to BGN 2,000 – BGN 4,000, Nova TV reports.
According to the experts, however, the number of cars damaged by the hail is much higher. The deadline for submitting damage claims has almost expired in some of the companies, but most of the insurers will accept claims until the end of the month.
Companies are expected to start paying compensations by the middle of next week. Repairs in the workshops, however, will be done until at least the beginning of next year and there may be delays, Nova TV informs.
Related Articles:
Bulgaria Braces for Severe Weather: Hail, Heavy Rain and Cloud Seeding Operations on Alert
A turbulent weather pattern is expected to take hold of Bulgaria over the upcoming weekend
Hailstorm Devastates Sevlievo Region: Crops Ruined, Homes and Cars Damaged
A powerful hailstorm wreaked havoc across several villages in the Sevlievo region late yesterday afternoon
Severe Hailstorm Strikes Asenovgrad Villages, Crops and Cars Damaged
Severe hailstorms hit several villages in Bulgaria's Asenovgrad region, including Topolovo, Bachkovo, Gornoslav, Yavrovo, Cherven, Stoevo, and the Gorni Voden district
Orange and Yellow Weather Codes Announced for Bulgaria Amid Storm and Hail Forecasts
According to the National Institute of Meteorology and Hydrology, short rains, thunderstorms, and hail are expected today
Severe Weather Strikes Bulgaria: Heavy Rainfall and Destructive Hailstorms Cause Widespread Damage
Heavy rainfall is anticipated in 17 regions of Bulgaria today
Bulgaria Won’t Touch Fuel Reserves to Cut Prices, Energy Minister Says
Acting Energy Minister Traycho Traykov said Bulgaria should not tap into its 90-day fuel reserves to ease prices, stressing that they must remain a safeguard in case of an actual supply disruption
US Approves New Lukoil Waiver for Bulgaria After Talks With Rubio
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
Bulgaria’s Central Bank Tightens Rules on Housing Credit
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
“Energy Lockdown”? Expert says Europe and Bulgaria Could Face Covid-Style Restrictions
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel Prices Rise in Bulgaria: Diesel Nears 1.80 Euros, Petrol Also Up
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s Tourism Industry Adapts to a Digital-First Traveller
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
