Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published a new general for compulsory traffic insurance premiums. According to the news of Sözcü, compulsory traffic insurance 2.25 percent per month will be scheduled.
Increasing costs have come to the fore with new hikes in insurance, as it affects every sector. in the last year increased by 125 percent Compulsory traffic insurance prices were regulated.
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Premium hike for compulsory traffic insurance
SEDDK, in the circular it published, announced that they authorized insurance companies to increase their traffic insurance premiums by 2.25% every month. With the new circular, which is stated to be valid from the beginning of May, the premium burden will increase.
The monthly premium increase rate for 2022 was determined as 1.25%. SEDDK, which increased the premiums by 20 percent due to the increasing inflation and exchange rate difference, increased the rate to 1.50 percent. SEDDK, by amending the circular again, increased the annual compulsory traffic insurance premiums. 30.6 percent hike decided to do it.
Total traffic insurance premiums until next year 50 percent there will be an increase. The lowest traffic insurance premium, which was 1,235 TL in April, will be 1,263 TL next month.
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