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Overview
Compulsory Traffic Insurance provides coverage for the legal liabilities arising from motor vehicle accidents that result in injury, death, or property damage on public roads.
Features
- Valid within the borders of Turkey.
- Coverage is provided on an annual basis.
- Mandatory for all vehicle types.
- Vehicles without Compulsory Traffic Insurance are prohibited from operating on public roads.
- Minimizes the financial impact of unexpected events, ensuring financial security.
- The insurance is non-transferable upon the sale of a vehicle. The new owner must obtain a new policy in their name within 10 days.
Application Channels
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Frequently Asked Questions
The insurance covers material losses to individuals and other vehicles up to the limits specified in the policy. Any damages exceeding these limits are the responsibility of the insured.
Several factors influence the cost of compulsory traffic insurance:
The city where the vehicle is registered (Higher traffic density increases the price).
The vehicle's damage history and the number of claims (Known as the driver score; more claims lead to higher prices).
The age of the vehicle owner (Drivers under 30 face higher premiums).
The Compulsory Traffic Insurance is calculated by taking into account information such as the age, make and model of the vehicle and a policy cost is calculated accordingly. Within the scope of the coverage in the policy, the price of Compulsory Traffic Insurance may vary.
