First report 2h ago•Last update 2h ago
Latvian homes remain largely uninsured despite recent increase in coverage
A recent assessment by Latvijas Banka indicates that slightly over half of residential properties in Latvia are insured, showing an increase but still leaving nearly half uninsured.
Background
Property insurance uptake in Latvia has been a long-standing concern for financial authorities. Despite efforts to encourage coverage, a significant portion of residential properties remains uninsured, potentially exposing homeowners to substantial financial risk from unforeseen events.
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Latvian homes remain largely uninsured
First report 13h agoLast update 13h ago1 takes 1
low insurance coverageneutralShow 1 post
started 13h ago•Last update 13h ago
A significant portion of Latvian homes lack insurance, despite a gradual increase in coverage over the years.
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