The September tariff for compulsory traffic insurance came into force and premiums increased by approximately 2 percent compared to the previous period. With the new regulation, damage history and risk levels further increase their determining effect on costs, while the difference in premiums between drivers in the riskiest group and drivers who have not had an accident for many years increases up to 6 times.
Automobile Premiums Soared in Metropolitan Cities
Premium calculations in the new tariff; It is directly shaped by the driver's rank, damage history, vehicle type and the city where it is registered. According to the Insurance Information and Monitoring Center (SBM) data, the premium in Istanbul for a car owner who enters the system for the first time or who is in the fourth level, which is considered standard, is determined at the level of 19 thousand 405 liras.
Costs rise significantly for drivers who fall to the riskiest level, that is, level zero, due to their accident history. In Istanbul, the policy cost of an internal combustion car at this level is 58 thousand 214 lira.
In contrast, a driver in the eighth rank, who has the highest claim-free record, pays only 9 thousand 702 liras. Thus, an approximately 6-fold cost difference emerges between the two extreme steps.
Automobile Premium Distribution in Three Major Cities
Premium amounts in Ankara and Izmir reveal a similar picture according to risk levels:
Istanbul: Zeroth digit 58 thousand 214 TL / Eighth digit 9 thousand 702 TL
Ankara: Zeroth digit 56 thousand 566 TL / Eighth digit 9 thousand 428 TL
Izmir: Zeroth digit 54 thousand 919 TL / Eighth digit 9 thousand 153 TL
Record Figures in Commercial Vehicles: Taxis Reached 172 Thousand Liras
The new tariff directly affects not only passenger cars but also commercial transportation vehicles. Premiums are reaching record levels, especially for commercial taxis that are in traffic all day long.
While the compulsory traffic insurance premium of a commercial taxi in the zeroth level in Istanbul can go up to 172 thousand 447 liras, a taxi owner who has reached the eighth level in damage-free status can get the same policy for 28 thousand 741 liras.
In Ankara, risky step premium for commercial taxis is 167 thousand 566 lira, and undamaged step premium is 27 thousand 928 lira. In Izmir, these amounts are recorded as 162 thousand 686 lira and 27 thousand 114 lira, respectively.
At the top of the list are large buses with 31 seats and above; While the insurance premium for a bus in the riskiest group in Istanbul is 423 thousand 661 liras, this figure decreases to 70 thousand 610 liras in the eighth level.
Delay Surcharge and the Heavy Cost of Driving Without Insurance
Delay penalties increase exponentially for drivers who do not renew their policies on time. For expired policies, a 5 percent surcharge is added to the premium for every 30 days of delay, and this rate can go up to 50 percent in total.
Drivers who are in the first tier and are involved in three or more at-fault accidents within a year and cause compensation to be paid, fall directly to the 0th tier, and a 200 percent surcharge is reflected on the drivers in this group.
Administrative sanctions for driving without a policy also put a strain on drivers. The penalty for vehicles without compulsory traffic insurance is 1,246 lira and the vehicle is banned from traffic until the insurance is provided.
In case of being involved in an accident without insurance, not only does the penalty increase to 2 thousand 39 lira, but all material damage incurred on the other party becomes the personal responsibility of the vehicle owner.
