Traffic insurance

Traffic insurance is one of the most curious and purchased products among insurance types.

What is Compulsory Traffic Insurance?

Traffic insurance is one of the most curious and purchased products among insurance types. Traffic insurance, which is almost mandatory for every vehicle to be on the road, provides assurance against all kinds of damage that may occur in possible accident risks and situations. Insurance policy renewal and follow-up procedures, which cause the vehicle owner to be penalized when it is determined that it is not done, are also carried out regularly.

Is Compulsory Traffic Insurance Mandatory?

One of the questions asked in traffic insurance is whether it is compulsory or not. It is a compulsory insurance product for all motor vehicles that will be in traffic. Mandatory traffic insurance provides coverage against material damage to the other party's vehicle as a result of accidents that may occur in traffic. The policy is valid for 1 year and must be renewed before the expiry of the period. The insured person can renew his policy whenever he wants, the new policy only starts after the old one ends.

What are Traffic Insurance Coverages?

It is an insurance product that is mixed with motor insurance and traffic insurance. However, automobile insurance covers the material damages of the insured vehicle, while traffic insurance covers the material damages for the vehicle damaged by the insured vehicle. The general guarantees are as follows;

• Material damages after the accident,

• Health services required to be obtained as a result of an accident,

• Expenses incurred after injury or death after an accident.

No coverage is created over the insurance for any situation other than the coverages covered by the policy.

What Does Traffic Insurance Do?

People who have traffic insurance may not take out motor insurance by considering the costs. However, traffic insurance policy coverage and automobile insurance coverage are not the same. Your traffic insurance helps to cover the damage and expenses incurred by the other party as a result of the accident, traffic insurance is the insurance product that covers the costs of the opposite driver.