Home insurance coverage in Kyrgyzstan rises to over 31%
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Kyrgyzstan citizens are increasingly participating in a mandatory housing insurance system to protect their homes against fire and natural disasters.
Aktan Turumbekov, the Director of the Department of Insurance and Reinsurance, says the system aims to minimize property damage from unexpected incidents. The program covers urban and rural residences, with annual costs set at 1,200 soms for city properties and 600 soms for rural homes.
The maximum payout for urban properties reaches 1 million soms, while rural properties can receive up to 500,000 soms depending on the damage. The number of residents signing new contracts grew from 249,538 in 2024 to 358,315 in 2025. By October 26, 2026, the total number of new contracts reached 410,643. These figures show that the coverage level rose from 28.6% in 2025 to approximately 31.7% in 2026.
To receive a payout, homeowners must submit an application and ownership documents to the insurer. Azatbek Osmonaliev, the head of the department of insurance compensation and payouts, says the insurer reviews these applications within 30 calendar days. Since the beginning of 2026, the system has processed 315 payouts totaling 60,172,219 soms.
