New legislative amendments are made in Regulation on Tariff Implementation Principles in Compulsory Public Liability Insurance for Highways Motor Vehicles

5/18/2022
New legislative amendments are made in the Regulation on Amending the Regulation on Tariff Implementation Principles in Compulsory Public Liability Insurance for Highways Motor Vehicles published in the Official Gazette dated May 17, 2022, and numbered 31838.
New legislative amendments are made in the Regulation on Amending the Regulation on Tariff Implementation Principles in Compulsory Public Liability Insurance for Highways Motor Vehicles published in the Official Gazette dated May 17, 2022, and numbered 31838.

As of June 1, 2022;

 1. The discount or increase rate to be applied has been increased from 10% to 20% in addition to the premium discount and increase rates arranged according to the fuel type and emission values of the vehicles.

 2. Regarding the damage frequency, the damage costs and other issues, the increase rates of the premium amounts to be determined for the 4th step on the basis of each vehicle type can be decreased up to 50% or increased up to twice.

 3. The maximum premiums shall be applied by adding 25% to the maximum premiums applied in May 2022.

 4. Amendments have been made to the coverage amounts specified in the tables regarding the minimum insurance coverages.