How To Apply For Dask Earthquake Insurance For Your Home In Turkey?
WITH RECENT EARTHQUAKES IN TURKEY DASK APPLICATIONS HAVE INCREASED 6-FOLD
- Online earthquake home insurance applications increased 6-fold after 5.8 earthquake occurred off Silivri on 26 September 2019.
- September, October and November was the highest monthly number of policy holders in the last three years.
- This year especially Istanbul home owners experienced great fear of the few earthquakes occurred by the big fault lines in the Marmara region .
The online Natural Disaster Insurance Institution know as DASK informed insurance sales rate was up 66% by 6 times for the first time ever. At the same time 901.506 earthquake insurance policies were made in September when the earthquakes occurred. In October November, as the repercussions of the earthquake continued, 916.630 earthquake insurance policies were issued, breaking the record of the last three years. The total premium amount ,n the financial pool reached 122 million 674.354 TL by November 2019.
DASK SECURES YOUR HOME IN TURKEY NOT YOUR BUILDING
Turkey earthquake insurance does not guarantee common areas. For standard earthquake risk Turkey house insurance does not pay for any damage to buildings such as apartment, parking, garden walls, elevator, warehouse and coal storage areas.
Additional private insurance is required to your Dask insurance to guarantee common areas against earthquakes, so building insurance coverage is also very appropriate. In case of damage or destruction, Dask's maximum Turkish government payout is 215 thousand TL per housing unit in Turkey. Remember that additional housing insurance can be taken out to take advantage of a guarantee above this amount limit.
2 MILLION HOUSES IN MARMARA REGION DO NOT HAVE EARTHQUAKE INSURANCE
In the last 3 months 50% of the Dask bid houses were built in 2007 and later. Stating that only 4% of those who received Dask proposals in the same period applied for earthquake insurance for dwellings built in 1975. Both the amount of premiums to be paid and the amount covered for possible damages due to the scarcity of old building in Turkey, owners do not have mandatory earthquake insurance.
However, the biggest risk of possible earthquakes are in these buildings. Currently 2 million 44 thousand property in Istanbul the Marmara region do not have earthquake insurance. It is essential to make a pre-check prior to buying property in Turkey to avoid and eliminate any risk. Homeowners need to remember that financial losses are largely secured by Dask insurance compared to receiving nothing during an event
Dask, known as mandatory earthquake insurance for Turkey house and apartments, is an insurance that Foreigner and Turkish homeowners are advised to take out. Dask insurance premium costs are less in low-risk regions such as Antalya and Alanya, while the high-risk regions including Istanbul, Yalova and Bursa is also more.
The state mandated Dask insurance covers only the damage caused by the fire, explosion and landslide caused by the earthquake. Dask insurance premium differs by region, especially in recent periods has had many questions asked. The answer to the question of where to apply for the Dask which all Turkey housing owners have to obtain and renew every year should be known.
WHERE CAN FOREIGNER AND TURKISH HOMEOWNERS APPLY FOR DASK?
Mandatory earthquake insurance, that is Dask policy is quite easy to make. For the Dask insurance you want to make to secure your home in Turkey and your family, should go to the nearest Insurance Agency or Turkish bank branch and make their insurance with the necessary documents. Anyone who declares housing and credentials can get DASK within minutes in Turkey. Dask (natural disaster insurance agency) official site required documents for Dask are stated as follows.
Of the insured:
- His phone.
- Mobile Phone
- T.C. ID Number
- Tax Identification Number (for legal persons)
The Building In Turkey To Be Insured:
- Open Address
- Turkey Land Registry Information
- Year Of Construction
- Turkey Building Style
- Total Number Of Floors
- Damage Condition
- Gross area (m2)
We would like to remind you that DASK mandatory earthquake insurance in Turkey is based entirely on statement basis. Material losses that may arise from misrepresentation are the responsibility of the insured.
IS THE DASK PREMIUM THE SAME EVERYWHERE?
Dask insurance premium, which varies according to regions at risk of earthquakes, while high Istanbul risk regions are also more, low risk regions are less.
HOW ARE DASK FEES DETERMINED?
Dask fees are determined by the Ministry of Treasury and Finance with mandatory earthquake insurance tariff and instruction communique.
HOW MUCH IS THE DASK FEE IN 2020 PER SQUARE METERS?
- First district from TL 110
- Second district from TL 80
- Third district from TL 60
- Fourth District from TL 50
- The Fifth District won't be less than TL 40.
These prices were previously in the form of 95, 70, 55, 45 and 35 TL respectively.
Note that construction license year of immovable property of year 2000 and before, the mandatory earthquake insurance tariff price of buildings is increased by 10 percent.
The mandatory earthquake insurance tariff price for buildings with total floor number of 3 or less above ground will be lowered by 10 percent.
The number of floors above ground 8 and above the mandatory earthquake insurance tariff price of buildings will be raised by 10 percent.
The ground floor and basement floors below, will not be included in the number of floors in account.
THOSE WHO RENEW THEIR INSURANCE WITHIN 30 DAYS OF EXPIRATION WILL RECEIVE ADDITIONAL 10% DISCOUNT
In addition to all these compulsory earthquake conditions in Turkey insurance policy at the end of the term of the insurance within 30 days at the latest for renewers, renewed policy on the tariff prices will be 10 percent discount.
We wish you a safe stay in our country.