Demystifying the Mandatory Earthquake Insurance in Turkey (DASK Policy)

Earthquake insurance in Turkey is a crucial step for our country. This is because Turkey is a country located in many earthquake zones. Especially after the devastating earthquake in 1999, Turkey had focused on mandatory earthquake. Thus, it was aimed to minimize the financial damage from the earthquake.

In this article, we would like to provide detailed information about earthquake insurance in Turkey. We want to raise awareness about the earthquake and tell you what needs to be done next.

Understanding Earthquake Risks and Earthquake Insurance in Turkey Coverage: Preparing for the Unexpected

Earthquake insurance in Turkey, that is, the DASK Policy, was an application developed against earthquakes and other disasters caused by earthquakes. Thanks to this application, the government aimed to eliminate the financial losses caused by the earthquake significantly. DASK Policy, implemented in Turkey, is seen as a preparation for possible earthquake scenarios.

earthquake-insurance-in-turkey

Demystifying the Mandatory Earthquake Insurance in Turkey (DASK Policy)

The elements included within the scope of earthquake insurance in Turkey are briefly as follows:

  • Covering the damages of collapsed buildings in case of an earthquake

  • Financial damage caused by disasters such as tsunamis or landslides after an earthquake

  • Damages occurring in areas such as the main foundation of the building, garden wall, balcony or elevator

  • Providing logistics support after the earthquake

  • All other steps to be taken to heal financial wounds after the earthquake

DASK Policy Benefits and Limitations: Choosing the Right Coverage for Your Property

DASK Policy is one of the services provided by insurance companies or banks in Turkey. Therefore, it is important to get your insurance by choosing the most suitable policy. However, another important detail about earthquake insurance is that insurance premiums are quite low.

The advantages and limitations of earthquake insurance are as follows:

DASK Policy Advantages

Minimizing Financial Damage After Earthquake

DASK is Required to Have Other Home Insurance

Minimizing the Damage from Other Disasters That May Cause by Earthquakes

Ensuring You Support Earthquake Victims

DASK Policy Limitations

Expenditures to Remove Debris

Movable Goods Damaged Due to Earthquake

Deprivation of Rental Income

Medical Fees to be Paid in Cases of Death and Injury

Filing Claims and Receiving Compensation: Navigating the Post-Earthquake Process

There are some rights that earthquake victims living in earthquake areas in Turkey can request. For example, these people can benefit from the compensation to be paid for buildings damaged in the earthquake. In addition, these people can live in a new residence if the necessary conditions are met. Of course, state policies implemented in this process play a primary role.

Regarding grievances due to the earthquake, we, as Atlas Legal Partners, offer you the necessary support. You can benefit from government and insurance support by proving. You have the right to have your house damaged by the earthquake.

earthquake-insurance-in-turkey

Choosing the Right Insurance Provider: Finding Reputable Coverage and Competitive Rates

DASK insurance Turkey cost may vary depending on the company you choose. Therefore, you should do some research for cheap earthquake insurance in Turkey price.

To make the right decision, you can get expert support and benefit from the consultancy services we offer. You can also buy earthquake and home insurance together and thus benefit from advantageous packages.

Building Earthquake-Resistant Structures: Investing in Safety for the Long Term

Of course, the way to combat earthquakes in Turkey is to build durable buildings. Especially if you work in the construction industry, you need to know the importance of building buildings that comply with earthquake regulations. This step is very important to prevent life and financial losses in an earthquake.

Frequently Asked Questions About Earthquake Insurance in Turkey

We have compiled and explained to you what you need to know about earthquake insurance in Turkey. We would like to underline again how important the DASK Policy is for Turkey.

earthquake-insurance-in-turkey

Is Earthquake Insurance Mandatory in Turkey?

Turkey is among the earthquake-prone countries. Therefore, people must obtain the DASK Policy in order to prevent financial losses.

Can You Buy Earthquake Insurance in Turkey?

For earthquake insurance in Turkey, you can apply to the main reliable insurance companies or banks. If you own a house in Turkey, you must have mandatory earthquake insurance.

When Was the Last Earthquake in Turkey?

Turkey has experinced more than one devastating earthquake. Kahramanmaras Earthquake was the last of these earthquakes on February 6, 2023.

Previous
Previous

Business Opportunities in Turkey: 5 Reasons Why English Speakers Choose Turkey

Next
Next

Sector Opportunities and Major Challenges for Investment in Turkey