A Major Change Is Coming to Compulsory Earthquake Insurance

In our country, which is in the earthquake zone, the issue has come to the fore every day, and important news about compulsory earthquake insurance has been shared today.

Since September 27, 2000, it has been implemented for all residences.compulsory earthquake insuranceBig changes have come to the fore. Following the earthquakes that killed tens of thousands of citizens in Kahramanmaraş, it was claimed that the Natural Disaster Insurance Institution (DASK) would double the coverage offered for residences.

According to the article of Noyan Doğan from Hürriyet, TCIP has renewed its guarantee of 301 thousand 600 TL on average for a house of 100 square meters today, with the new regulation. 603 thousand 200 TL will take it out. Of course, this two-fold increase will also be reflected in the premium paid by the homeowners.

The premium paid for earthquake insurance also doubles:

When the new regulation comes into effect, the average premium of 708 TL for a 100 square meter residence will increase to 1,416 TL. However, this two-fold increase will not be reflected in the pockets of homeowners immediately.

Premium difference according to the information shared, for a year It will be funded by the Ministry of Treasury and Finance. In other words, homeowners will not be affected by a two-fold increase for a year. After one year, the entire premium will be the responsibility of the home owner.

The maximum collateral amounts will also have changed:

The highest collateral amount of 640 thousand TL offered by TCIP for 100 square meters of housing today, with the regulation 1 million 280 thousand TL will rise.

It has not been shared yet when DASK will implement the new regulation.

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Source :
https://www.hurriyet.com.tr/yazarlar/noyan-dogan/depremden-ders-cikarildi-daskta-cok-sey-degisiyor-42271107


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