Turkey is going through difficult times. Citizens of the country and world communities rallied in a common impulse to provide comprehensive assistance to the victims and restore the destroyed areas. Of course, now more than ever we all need hope for the future and some confidence in the future. Perhaps for these reasons, questions regarding real estate insurance schemes in Turkey have become more frequent.
Like all over the world, there is voluntary and compulsory insurance in Turkey. Compulsory insurance includes the registration of the policy DASK - Dogal Afet Sigortalari Kurumu (protection from natural disasters). The amount of insurance depends on the area of the property, the technical features of the building and the region in which the object is located. For example, in Alanya, which belongs to a seismically safe zone, the price of the policy will be the lowest. In addition, there is a very small percentage of the old housing stock, for which increased insurance coefficients are applied. Important! Without a DASK policy, it is impossible to issue a number of documents in public institutions.
To apply for a DASK policy, you will need a copy of the tapu (certificate of ownership), as well as the TIN and identity cards of all property owners.
Private insurance will include a broader list of possible accidents. Standard policies include about 15 risks, such as: problems with electrics, water flooding, fire, etc. The more risks are taken into account in the policy, the more expensive it will be. You can apply for such a policy at any insurance company in Turkey, also by presenting the above documents.