Introduction
Did you know that earthquake insurance in Turkey is not only mandatory but also crucial for protecting your home from earthquake-related damages? If you live in Turkey or plan to buy property there, understanding how to obtain earthquake insurance (DASK) can ensure both your safety and peace of mind.
What is Earthquake Insurance (DASK) in Turkey?
Earthquake insurance in Turkey, known as DASK, is a compulsory insurance designed to cover damages caused by earthquakes to residential buildings. Introduced in 2000 following the devastating Marmara earthquake, DASK has become one of Turkey’s most essential property insurance. It covers reconstruction and repair costs in the event of an earthquake, and given Turkey’s location in an earthquake-prone region, having this insurance is necessary for all residential property owners.
Why Should You Get Earthquake Insurance (DASK)?
Turkey frequently experiences earthquakes. DASK insurance is a legal requirement and an important tool for protecting your investment against earthquake risks. After an earthquake, repair and rebuilding costs can be overwhelming. DASK covers these expenses, allowing you to return to normal life faster following a major natural disaster.
How to Get Earthquake Insurance (DASK)?
Getting DASK in Turkey is quick and simple. You can purchase this insurance from various insurance companies nationwide. Additionally, many banks and financial institutions also provide DASK services. The process typically involves a few easy steps, which are outlined below.
Steps to Obtain Earthquake Insurance (DASK)
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Choose an Insurance Company
Your first step is to select a reliable insurance company. It’s recommended to compare terms and prices from multiple companies before deciding.
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Submit Necessary Documents
You will need to provide documents like the property deed (Tapu) and your Turkish National Identification Number (T.C. Kimlik No) to obtain DASK.
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Property Evaluation
The insurance company will assess your property based on its location and physical condition. This evaluation includes measuring the property size, building structure, and number of floors.
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Pay the Insurance Premium
After the assessment, the insurance company will calculate the premium amount. The premium depends on several factors, including the size and geographical location of the property.
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Receive the Insurance Policy
Once you’ve paid the premium, your DASK policy will be issued. The policy will detail the terms and commitments of the insurer in the event of an earthquake.
Where to Get DASK?
You can obtain DASK from various insurance companies and trusted banks and financial institutions in Turkey. Some well-known insurance providers offering DASK include:
Additionally, many banks such as Ziraat Bankası and Garanti BBVA also offer DASK insurance services to their clients. Before making a decision, it’s a good idea to compare the terms and prices offered by several companies to select the best option.
Documents Needed for Earthquake Insurance (DASK)
To obtain DASK, you will need the following documents:
- Property Deed (Tapu): This document confirms your ownership of the property and must be provided when applying for insurance.
- Turkish National Identification Number (T.C. Kimlik No): This number is used to identify you as the property owner.
- Exact Property Address: You must also include the exact address and geographical location of the property on the DASK application form.
Important Tips for Choosing DASK
When selecting DASK insurance, keep in mind these key considerations:
- Compare Prices: DASK insurance prices can vary from one company to another. It’s wise to compare prices before making a final decision.
- Insurance Terms: Review the terms and conditions of the insurer carefully, especially regarding earthquake coverage.
- Coverage Limitations: Some policies may have limits on the amount of coverage provided. Ensure the coverage is adequate for your needs.
Conclusion
Earthquake insurance (DASK) is one of the most important insurances for residential property owners in Turkey. Given the country’s location in a seismically active area, having this insurance is not just a legal requirement but also a guarantee of financial security and peace of mind. By obtaining DASK from a trusted insurance company, you can protect yourself from earthquake-related damages and return to normal life more quickly in the event of a disaster.
