Compulsory Traffic Insurance Premiums Will Be Determined by SEDDK

Compulsory Traffic Insurance Premiums Will Be Determined by SEDDK
Compulsory Traffic Insurance Premiums Will Be Determined by SEDDK

📩 20/09/2023 11:16

The maximum premium amounts for those who cannot receive an insurance premium offer within the specified period for compulsory traffic insurance will be determined by the Insurance and Private Pension Regulation and Supervision Board (SEDDK).

With the SEDDK's notification published in the Official Gazette, which stipulates changes in the regulation regarding the tariff application principles in highway motor vehicle compulsory liability insurance, a sentence was added to the article titled "Principles of determination of insurance premiums".

Accordingly, SEDDK will be authorized to include the vehicles of those who cannot receive an insurance premium offer within the specified period, within the scope of the Risky Insured Pool, regardless of their risk group, and to decide on the maximum premium amounts to be applied to them.