Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M

Business | July 22, 2014, Tuesday // 16:47
Bulgaria: Damage Claims After Heavy Hailstorm in Sofia Worth Over BGN 100M

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.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: insurance companies, hailstorm, hail, damage claims, compensations

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria