Understanding Car Insurance in Turkey: A Comprehensive Guide
Car insurance is mandatory in Turkey if you own a car. It is essential to have one to protect yourself financially in case of an accident, theft, or any other damage. That said, this guide will help you understand the different types of car insurance available in Turkey and what they cover.
The Types of Car Insurance in Turkey
There are three types of car insurance available in the country:
1. Compulsory Third-Party Liability Insurance (TPL)
2. Comprehensive Insurance
3. Partial Coverage Insurance
Compulsory Third-Party Liability Insurance (TPL)
TPL is mandatory in Turkey and covers third-party damages caused by you or someone driving your car. This insurance covers the damages to other people's property or any injuries they sustain due to the accident. However, it does not cover any damages to your car or injuries sustained by you or your passengers.
Comprehensive Insurance
Comprehensive insurance covers damages to your car, damages caused to other people's property, and injuries sustained by you or your passengers. It also covers theft, fire, and natural disasters like floods or earthquakes. However, comprehensive insurance does not cover damages caused by intentional accidents or drunk driving.
Partial Coverage Insurance
Partial coverage insurance covers damages to your car, but only up to a certain amount. This type of insurance is usually cheaper than comprehensive insurance but provides less coverage.
How Much Does Car Insurance Cost in Turkey?
The cost of car insurance in Turkey depends on various factors, including the type of insurance, the value of your car, your driving history, and your age. The cost of TPL insurance is fixed by the government and depends on the engine size of your car. The cost of comprehensive insurance and partial coverage insurance varies depending on the conditions mentioned above.
How to Buy Car Insurance in Turkey?
You can buy car insurance in Turkey from insurance companies, brokers, or online. However, before buying car insurance, it is essential to compare quotes from different insurance providers to get the best deal. It is also essential to read the terms and conditions carefully to know what is covered and what is not.
What Steps Should Be Taken in the Event of an Accident?
In the event of an accident, it is imperative to carry out the following steps:
1. Make a call to the authorities and file a report about the collision.
2. Communicate with the other driver(s) involved in the collision and exchange your contact information with them.
3. You should photograph the wreckage and the area where the accident occurred.
4. Immediately get in touch with your insurance provider and report the incident.
5. Do not make any promises to the other driver(s) involved in the accident, and do not confess culpability for the collision.
Conclusion
Car insurance is required in Turkey, and it is critical to ensure that you have adequate coverage to safeguard your financial situation in the event of an accident, theft, or any other type of damage. You can make a more educated decision about purchasing the right auto insurance if you have a firm grasp on the various policy options and the coverages they provide. When looking for auto insurance, it is important to shop about and compare prices, as well as study the policy's terms and conditions.
Following the steps outlined above in the event of an accident may help speed up the claims process.
If you are looking for a well-trusted traffic insurance provider in Istanbul, Turkey, look no further than our services here at Ikamet Sigortam. We are your one-stop institution for acquiring a good traffic insurance policy in order to lawfully live in Turkey and obtain a residence permit. Call us today and let us discuss all the requirements for your needed traffic insurance.