Allianz Turkey Pushes Boundaries with Near-Unlimited Financial Liability Coverage in Auto Insurance

Allianz Turkey has taken a groundbreaking step in the insurance sector by introducing a new application that removes limits on Optional Financial Liability (OFL) coverage. With this enhancement, the company now offers almost unlimited financial protection for high-value compensation claims that exceed mandatory traffic insurance limits, reinforcing its customer-first approach in the face of increasing risks and costs on the road.

Enhanced Financial Security for Drivers

Through this new initiative, Allianz Turkey empowers drivers with broader and safer coverage under its revised Full Protection Optional Liability Insurance (OLI) package. The financial compensation ceiling for potential property damage has been raised to 100 million TL, while the limit for moral damages — covering accidents leading to severe consequences such as death or permanent disability — is now 25 million TL. This innovation ensures that vehicle owners receive top-level financial protection, minimizing their financial exposure following a traffic accident.

By offering these elevated coverage limits, Allianz Turkey addresses the growing concerns of vehicle owners about rising repair and maintenance expenses. Every driver can now enjoy an elevated sense of security knowing that they are financially safeguarded even under extreme circumstances.

Allianz’s Commitment: Standing by Customers in Every Situation

Batu Öncül, Assistant General Manager and Member of the Executive Board at Allianz Turkey, highlighted the importance of strengthening protection through comprehensive insurance. He stated: “The surge in repair costs indicates that even minor accidents can lead to significant financial burdens. Our new structure alleviates these concerns by delivering broader coverage and higher compensation limits to our customers. With Full Protection OLI, we provide almost unlimited financial coverage and superior protection in the event of major claims.”

This upgraded coverage not only includes the insured vehicle’s operator but also the driver, offering additional assurance for a wide range of vehicles such as cars, vans, taxis, trucks, tankers, tow trucks, caravans, tractors, and motorcycles. The scope of protection thus spans across all major categories of motor vehicles used on Turkey’s roads.

Accessible and Comprehensive Insurance for All

Allianz Turkey continues to make insurance solutions more accessible, offering customized packages that cater to diverse needs and budgets. In addition to the comprehensive coverage available at authorized service centers, customers also benefit from:
• Extensive assistance services
• Fast claims processing
• Tailored protection options that align with individual driving habits and financial expectations.

By consistently enhancing its service portfolio, Allianz Turkey reaffirms its position as a trusted partner that delivers financial confidence and peace of mind to its policyholders. This latest innovation marks a significant milestone in making Turkish roads safer and insurance more inclusive for every driver.