2023in the year in car insurance pricesThe rapid increases seen in the summer months gave way to promotional prices. Turusan Bağcı, President of the Consumer Confederation Insurance Commission,in car insurance prices Septemberin the month of competitive campaignsStating that it continues, “An increase in car insurance prices is expected after September. According to the company, there are discounts ranging from 15-25 percent compared to last year.” he said.
Why did prices increase last year?
According to the news in Milliyet last year vehicle Prices, inflation, foreign currencyAnd spare pieceInsurance companies had increased their car insurance prices more than usual due to the expectation of an increase in costs. However, this year, some insurance companies that had withdrawn from the market returned and contributed to the decrease in prices.
Price increase expected after September
Inflation, Cutting pricesAnd in foreign currencypossible Increase expectationsdue to insurance prices From SeptemberIt is expected to rise again later. Therefore, vehicle owners are advised to have their car insurance in the current period.
How much are the costs of car and traffic insurance?
For an average private car in Istanbul Insurance prices are 10-12 thousand TLThese numbers may vary depending on factors such as no-claim discount and driving premium. Traffic insurance costs are Around 13-14 thousand TLIf you are a competent driver, 50 percentWhile you can get discounts of up to 100%, this rate can go up to 200% for terrible drivers.
No-claim discount and insurance prices
No-claim discount on insurance 30 percent in the first yearStarting from the fourth year 60 percenta, in some companies it can go up to 65 percent. In traffic insurance, Damage coverage is 200 thousand TL per vehicleExperts stated that this limit is not sufficient and added optional financial liability(IMMM) recommends having a policy.
What should be done for insurance discounts?
Insurance costsThe most effective way to reduce intermediary undamagedMinor damages are often covered out of pocket, thus not invalidating the insurance and preserving the no-claims discount.
