How to insure homes in Turkey?

We will explore the most important steps and measures that can be taken to secure homes in Turkey, we will discuss the available security and insurance systems, as well as practical tips to maintain the safety and good protection of the home and its property and no matter the size of the home or the budget available, in this article you will find valuable information to help you secure your home and protect your property reliably and effectively.

What is meant by home insurance in Turkey?

Home insurance in Turkey or Turkish real estate insurance means reaching an agreement between the owner and the insurance company to protect the investor, resident or tenant from potential risks, and the insurance aims to ensure the safety and reassurance of individuals, whether they are owners or tenants, and to protect the property from risks such as fires, floods, thefts, earthquakes, and other potential accidents.

About the types of home insurance in Turkey

There are two types of home insurance in Turkey and there is compulsory insurance known as "DASK" that covers homes against earthquake risks, and there is also optional insurance that allows the owner to include additional coverage to protect his possessions inside the home.

Compulsory insurance is carried out on the ownership of the house and is entrusted to the owner of the property, while tenants can obtain additional insurance to protect their property inside the house, thus the coverage of home insurance is broader than just earthquake insurance alone, you can also include earthquake risk as part of additional coverage in your insurance policy when you want to take out your home insurance.

What is meant by earthquake insurance? And what is its importance?

Compulsory insurance was approved by the Turkish state after the great earthquake in 1999, and it was called "DASK", which is an acronym for the Natural Disaster Insurance Corporation and this insurance covers damage to buildings as a result of earthquakes, including physical damage, fire, explosions and landslides caused by earthquakes.

Compulsory insurance also includes several elements of the building's infrastructure, such as foundations, main and separating walls, stairs and ceiling, floors and roofs, corridors, elevators and other structural elements.

DASK insurance is necessary to protect homes and properties from the repercussions of earthquakes and other natural events, and provides peace of mind to owners and tenants, as it covers losses resulting from these accidents that can be catastrophic to property and lives.

The importance of earthquake insurance in Turkey is due to ensuring the protection of homes and real estate in Turkey from unexpected risks and the main goal of home insurance is to reduce physical damage in the event of dangerous accidents that you may encounter and which you may not be able to handle alone and through insurance, you can live your life normally after an earthquake or natural accident.

Earthquake home insurance is necessary to make sure that you and your family are compensated for damages to your property and that of your family and in the event of an earthquake, home insurance can be the decisive factor to avoid huge expenses for repairing damage and rebuilding the property.

What does earthquake insurance cover in Turkey?

DASK insurance against earthquakes in Turkey includes the costs of repairing the partially or completely damaged building, as it includes vital areas inside and outside the building, and the insurance includes the foundations of the building, the main walls, the walls separating the sections of the building, even the garden walls of the house and the retaining walls and in addition, the insurance also covers the ceiling, floors, stairs, roofs, corridors, elevators and many other areas within the building.

Earthquake insurance "DASK" includes buildings that are included in the scope of earthquake insurance in Turkey under Law No. 6035 Insurance Against Natural Disasters and this insurance includes the residential buildings registered in the title deed, and also includes the workplaces and offices of the buildings and it also includes the independent real estate parts subject to the Land Ownership Law No. 634, and the residential buildings that the state constructs or grants as a result of natural disasters and in addition, the insurance includes buildings that are the subject of a floor easement, and buildings that have not yet taken a building description and whose type has not been determined in the Land Registry Department, but which fulfill the conditions of the two aforementioned laws.

How to get earthquake insurance in Turkey? What are the required papers?

You can get earthquake insurance for your various real estate properties and homes easily by registering with any insurance agency in your state of residence, or by visiting a bank branch.

To obtain home insurance against earthquakes in Turkey, the required papers require the following:

1. A copy of the personal ID or tourist residence of the property owner.
2. The residence address of the property owner.
3. The tax number of the property owner.
4. Details and address of the property he wishes to secure, including the real estate registration information (Tapu).
5. The type of property and the date of its establishment.
6. The number of floors, the area of ​​the property and the way it is used.

How to renew earthquake insurance in Turkey?

Earthquake insurance is paid for the first time upon obtaining water, electricity and gas services, and it is valid for one year and after this period expires, the property owner pays earthquake insurance annually and the property owner can participate in earthquake insurance through insurance companies, banks or post offices.

The idea of ​​buying real estate in Turkeyhas become popular among those interested in obtaining an ideal opportunity for housing or investment and take advantage of the appropriate real estate investment options in Istanbul to obtain a high return by communicating with our real estate consultants.

Do not forget that investing inreal estate in Turkey is only a way to gain Turkish citizenship orreal estate residencepermit that allows you to stay in the country legally and then acquire many of the privileges that a Turkish citizen gets.

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