Maximum coverage amount of Compulsory Earthquake Insurance has been increased

The maximum coverage amount of Compulsory Earthquake Insurance has been increased. With the decision published in the Official Gazette, the maximum coverage amount was increased from 640 thousand liras to one million 272 thousand liras.

The maximum coverage amount of Compulsory Earthquake Insurance has been increased. With the decision published in the Official Gazette, the maximum coverage amount was increased from 640 thousand liras to one million 272 thousand liras.

According to the communiqué published in the Official Gazette, the maximum coverage amount to be provided for a dwelling within the scope of Compulsory Earthquake Insurance was increased from 640 thousand liras to one million 272 thousand liras.

The maximum premium amount became 869 liras at the highest and 252 liras at the lowest according to the risk group.

The square metre amount based on the calculation of the insurance amount used in determining the insurance amount was determined as 6 thousand liras for reinforced concrete building style and 4 thousand liras for others.

The said communiqué will be valid as of 1 January 2024.

28 Ara 2023 - 12:43 - English

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