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PAID announces that it is ready to quickly compensate families affected by natural disasters in Suceava and Neamț, as it has sufficient funds for compensation.

Raluca Niculae
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30 July 2025, 16:12
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Municipalities in Suceava and Neamț have a PAD insurance coverage of over 20%, providing financial protection in case of disasters. PAID is prepared to quickly compensate affected property owners, encouraging them to report damage immediately. The PAD policy covers risks such as floods, earthquakes and landslides, with compensation of up to 100,000 lei. PAID has its own funds and a €1.4bn reinsurance program to ensure payments.

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Economica
PAID încurajează proprietarii din Suceava și Neamț, afectați de inundații, să notifice daunele
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Stirile ProTV
Doar 20% din localitățile din Suceava si Neamț au acoperire cu asigurare. PAID este pregătit să despăgubească
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Ziarul Financiar
Localităţile din Suceava şi Neamţ afectate de inundaţii în ultimele zile au rate de acoperire cu asigurare de peste 20%. PAID face apel cătreproprietarii de locuinţe să notifice daunele suferite

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NEWS ON THE SAME TOPICS

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The European Commission proposes the allocation of 14.3 million euros for Romania, affected by the floods of 2025.
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PNL MEP Virgil Popescu announced the allocation of 14.34 million euros to Romania for the support of communities affected by floods in 2025
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The European Parliament approves 144.1 million euros for Spain, Romania, and Cyprus after the natural disasters of 2025
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Insurers in Romania paid, on average, 1.15 million euros per day in compensations, totaling 421 million euros in 2025, an increase of 12% compared to the previous year.
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The intervention forces are acting for the evacuation of water and the removal of trees in 24 localities affected by floods in Buzău, Dâmbovița, Ialomița, Ilfov, Prahova, and Bucharest.
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The European Parliament adopted a report to mobilize the Solidarity Fund, providing Romania with 14.34 million euros for the floods in 2025.
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PAID victim floods insurance Compensation natural disasters

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