Car insurance is a type of insurance that car owners buy to protect their vehicles against various risks. Vehicle insurance helps to prevent material damages against many events such as accident, theft, natural disasters.
Vehicle insurance is generally offered under two basic coverages: compulsory traffic insurance and motor insurance.
Mandatory traffic insurance is a type of insurance that vehicle owners must have, according to traffic laws in Turkey. This insurance is designed to cover material and bodily damages caused by the vehicle. Mandatory traffic insurance covers material and physical damages caused by the owner or driver of the vehicle to third parties as a result of an accident.
Car insurance, on the other hand, covers the whole or a certain part of the vehicle and ensures that the vehicle is protected against various risks. Car insurance can cover many risks such as theft, accident, natural disasters. This type of insurance is purchased in addition to compulsory traffic insurance and an additional premium is paid.
Vehicle insurance premiums are determined by many factors such as the make, model, age, frequency of use, and regional risk factors of the vehicle. Insurance companies may offer different premium rates according to the risk factors of the vehicle.
Also, insurance companies offer different policy options. These may include options such as no claim discount, additional coverage, and personal accident insurance. Insurance policies can differ in price and coverage between different insurance companies, so you can compare and find the best option.
Finally, car insurance is a legal requirement and part of owning a car. Therefore, if you are a vehicle owner, it is important to keep your insurance policy up to date.