Moldova's National Commission for Financial Markets published a consumer-focused explainer encouraging households to take out home insurance, noting that only an estimated 2–3% of homes in the Republic of Moldova are insured. The note distinguishes between bank-required insurance for mortgaged properties, which typically covers only the building structure and is arranged for the bank’s benefit, and voluntary home insurance, which can provide broader protection. The Commission outlines that more comprehensive voluntary policies can cover household contents (such as furniture and electronics), liability to third parties (for example, damage to neighbours from flooding or fire), and in some packages accident cover for family members. It lists commonly covered risks including fire, explosion and lightning; natural perils such as earthquake, flood, storm, hail and landslides; water damage from pipes and installations; and illegal acts by third parties such as burglary, robbery and vandalism. Pricing is described as dependent on the insured sum, selected risks, the deductible and security measures, with an indicative tariff of around 0.1–0.4% of the insured amount and an example premium of about MDL 2,000 for a EUR 100,000 property depending on selected risks; the note also flags a “new procedure for handling complaints” without further detail.
National Commission for Financial Markets 2025-11-05
Moldova's National Commission for Financial Markets publishes consumer guidance on home insurance amid 2–3% coverage rate
Moldova's National Commission for Financial Markets urged households to consider voluntary home insurance, as only 2–3% of homes are insured. The explainer differentiates between bank-required insurance for mortgaged properties and comprehensive voluntary policies covering contents, liability, and accidents. It outlines common risks and notes pricing depends on factors like insured sum and selected risks, with an indicative tariff of 0.1–0.4% of the insured amount.