What is earthquake insurance
It is an insurance policy against pests and natural disasters and was imposed by the government after the Marmara earthquakes in 1999 and became mandatory
It is extracted from the DASK Foundation, which is an abbreviation for ( natural pest Insurance Foundation ) and is supervised by the Turkish Ministry of Treasury and finance .
The insurance covers earthquake and post-earthquake from catastrophic consequences and other fires, floods and sea tides and this institution provides compensation to those affected by these disasters in the form of monetary assistance
Why earthquake insurance
Protection of all houses and structures from earthquakes
Reinsurance and damage mitigation after earthquakes
Contribute to building a country with healthy buildings
The insurance policy includes the main sections of the House, including foundations, main and dividing walls and retaining walls, in addition to ceilings and floors, as well as drawers and elevators, in the event of an earthquake, the term of this insurance is one year to be renewed, extracted by the property owner and not the responsibility of the tenant
It is paid for the first time at the beginning of the construction of the property to obtain specific services that can only be obtained remotely after paying earthquake insurance in Turkey , including: gas-electricity-water
What does real estate insurance cover against earthquakes in Turkey
This insurance covers the expenses incurred if each of the following is damaged due to an earthquake or natural disaster:
Foundations of real estate construction
The walls of the property or the garden of the property for villas and detached houses
Bishop
Flooring
Corridors inside buildings
Electric drawers and elevators
The value of earthquake insurance in Turkey
Its value varies depending on the region and type of construction – building structure-age of construction-area of the property
Required documents for issuing earthquake insurance in Turkey
A foreign resident in Turkey in order to get earthquake insurance for his property needs both of the following papers:
A copy of the residence
Tax number
Payment of earthquake insurance fees has arrived
A copy of the real estate title deed in which sufficient information about the property is indicated
Detailed address of the property
