New era started in traffic insurance

A new era in traffic insurance has begun: The practice that regulates the general conditions for compulsory traffic insurance has been implemented. The regulation also comes standard with the types of insurance coverage.
The new term in compulsory traffic insurance started on June 1, 2015. In this context, the types of insurance coverage were determined as “financial losses coverage”, “health expenses coverage”, “permanent disability coverage” and “support deprivation (death) coverage”.
The healthcare coverage will include all treatment costs, including prosthetic organ costs.
Starting from the treatment of the victim due to the accident until the victim's continuous disability report, the caregiver expenses during the treatment, other treatment-related expenses and the costs of work due to a traffic accident partly or completely reduced due to health care coverage will be covered.
The health insurance coverage will be the responsibility of the Social Security Institution, and the liability of the insurance company and the assurance account will therefore expire.
After the determination of the victim's continuous disability rate due to an accident, the caregiver expenses arising from the report will be evaluated within the scope of permanent disability coverage provided that they are limited to the collateral limits.
Conditions outside the guarantee
Various arrangements were made in cases other than collateral with the application.
Accordingly, the relevant anti-terrorism acts and sabotage arising from the acts specified in the acts of terrorism caused by the vehicles used by the Highway Traffic Act and the insured is not responsible for damages will be out of collateral.
In addition, the vehicle will be used or used in terrorist acts, knowing that the ride will be advanced due to the damage suffered by the people, the vehicle will be evaluated in this context will be evaluated in the context of terrorism and sabotage actions.
Claims for damages due to reflections or indirect damages resulting from loss of income, loss of profit, work stoppage and rent deprivation will also be excluded.
With the regulation, the period of notice of the insured's event was increased from 5 days to 10 days.
The expression “original piece” instead of “new”
With the arrangement made, definitions of “equivalent part” and “original part” were also made.
Damaged parts of motor vehicles not exceeding 3 from the model year by date of the accident shall be replaced with the original part, if the repair is not possible, with the original, in the absence of the original part, the original part obtained from vehicles covered by equivalent or end-of-life vehicles legislation.
Repair costs
If the repair costs exceed the value of the damaged vehicle at the time of the occurrence of the risk and at the same time it is determined by the expert report that the vehicle has become unacceptable to repair, the vehicle will be deemed to have been fully damaged.
In this case, the vehicle will be scrapped in accordance with the relevant legislation, the insurer will not be compensated without submitting the scrap registration certificate.
“Prices will increase”
The General Director of Aksigorta Uğur Gülen, who made evaluations to AA correspondent, stated that the new general conditions are quite detailed arrangements for the resolution of the disputes between the insurance companies, the insured and the victims.
Noting that what the application brings in the process can be better understood by all segments, Gülen said, “We can say that there will be changes in spare parts supply processes, the issue of depreciation will bring a new demand that we have not experienced to date, and reserve management will become a much more important issue.”
Emphasizing that they anticipate the need for changes in damage tracking and payment systems, Gülen said, "All these developments will increase the prices due to their costs."



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