What Is Compulsory Traffic Insurance?
Compulsory traffic insurance covers the material and bodily damages of the other party in accidents caused by the vehicle. This insurance does not cover damages to the insured vehicle itself; it only protects third parties.
• Mandatory insurance: All vehicle owners are required to have it under the Highway Traffic Law.
• Third-party focused: It does not cover damages to the owner’s own vehicle (this is covered by KASKO).
What Does It Cover?
The scope of construction insurance varies depending on the policy and project characteristics, but generally includes the following:
Bodily injuries
Compensation in case of injury or death
Material damages
Vehicle or property damages
Legal liability
Court costs and compensation payments
Note: Insurance does not cover damages to the driver of the vehicle or the vehicle itself. For such cases, KASKO insurance is required.
Answers to All Your Questions
At Kale Sigorta
We don’t want you to have any doubts while securing your future. You can find answers to all the questions you are looking for, and you can always reach our expert team for more information.
Who Is It Suitable For?
- • All private and commercial vehicle owners
• Road vehicles such as cars, motorcycles, trucks, and buses
• Vehicle owners cannot legally put their vehicles on the road without traffic insurance
What Are Its Advantages?
• All private and commercial vehicle owners
• Road vehicles such as cars, motorcycles, trucks, and buses
• Vehicle owners cannot legally put their vehicles on the road without traffic insurance
Why Should You Get Compulsory Traffic Insurance?
Traffic accidents can cause unexpected and significant financial burdens. With compulsory traffic insurance, damages caused to third parties are covered, legal responsibilities are fulfilled, and legal issues are prevented.
