How are vehicle insurance prices determined?
Vehicle Information: Insurance prices are determined by taking into account the vehicle's brand, model, age, engine power and cylinder volume. For example, a high-performance sports car may have higher insurance coverage than a family car of the same age.
User information: Demographic information such as age, gender, marital status, occupation and traffic history of the vehicle driver are among the factors affecting the insurance premium. The premium may be lower for an experienced driver who has not been in an accident.
Usage: Factors such as how many kilometers the vehicle is used on a daily basis, urban or extra-urban use also affect the insurance premium.
Deductive (Exemption) Amount: The deductive is the amount that the insurance company charges a portion of the damage to the driver. Choosing a high deductive factor may reduce the premium.
What kind of damages does car insurance cover?
Basic Scope: Damages caused by theft, fire, accidents, natural disasters (earthquake, flood, etc.).
Additional Guarantees: The policy can be expanded with extra coverage such as glass breakage, key loss, legal protection, and personal accident coverage.
Excluded Cases: Generally, race, acts of terrorism, state of war, nuclear risks and situations such as the driver being under the influence of alcohol or drugs are not covered by the insurance.
What damages does compulsory traffic insurance cover?
Material Damages: Material damages caused to the other party by the party at fault in the accident are covered by this insurance.
Physical Damages: Bodily damages, such as injury or death, caused by the faulty party in the accident to the other party are covered by this insurance.
Limits: This insurance has a certain limit of coverage. For damages above these limits, it may be necessary to purchase extra insurance (supplementary traffic insurance).
What additional coverage can my car insurance include?
Vehicle insurance can cover many additional coverages such as personal accident, legal protection, assistance services, broken glass, loss of keys and terrorism coverage.
What does car insurance do if the vehicle is stolen?
In case the vehicle is stolen, compensation is paid in accordance with the conditions specified in the policy and at the specified value.
In what cases can I not receive compensation from insurance after an accident?
Compensation cannot be claimed in cases where the driver is under the influence of alcohol, drugs or drugs, the vehicle is used by unauthorized persons, or in cases not covered by insurance (eg damages in races).
What is deductive (exemption)?
Deductive is a certain amount that the insurance company will not pay in case of damage. In other words, if the damage exceeds this amount, the excess part is paid by the insurance company.
In what cases will my insurance premium increase?
Your insurance premium; It can increase depending on many factors such as your age, gender, place of residence, make and model of the vehicle, your accident history and the coverage you choose.