Home insurance is not required by law, but it's quite essential for homeowners.
Whether you need home insurance is something like asking if you need sunscreen. In general, home insurance is not required by law. But just like using sunscreen, it can help you avoid many problems in the long run.
If you are thinking about buying a house or apartment or you already own, home insurance is definitely a necessity that will ensure your peace and security in case of unforeseen events.
You can read in Bulgarian language the full text of the interview here