TUR SEDDK Motor Vehicle Insurance

Published on: May 13, 2025

On May 8, TUR SEDDK issued circular on liability insurance premiums.

  • TUR SEDDK announced the publication of circular 2025/15 which amends circular 2023/31 on compulsory liability insurance premiums for motor vehicles on highways.
  • Follows TUR SEDDK Dec. 2023 issued cir 2023/31 on motor vehicles, see #193298.
  • Summary
  • Article 1 of circular 2023/31 has been amended relating to the maximum premiums.
  • Max premiums according to vehicle group/type of use increased by 903 for Jun. 2025.
  • For taxi, minibus (10-17 seats including driver), bus (18-30 seats including driver) and coach (31 or more seats including driver) an additional 902 will be added to the rate.
  • Effectiveness
  • This circular enters into force on date of publication, effective as of Jun. 1, 2025.
Regulators
TUR SEDDK
Entity Types
IB; Ins
Reference
Cir 2025/15, 5/8/2025; Cir 2023/31, 12/14/2023;
Functions
Accounting; Compliance; Financial; Operations; Product Administration; Reporting; Risk; Treasury
Countries
Turkey
Category
State
N/A
Products
Auto/Motorcycle; Insurance; Insurance-Casualty; Insurance-Property; Professional Liability
Rule Type
Final
Regions
EMEA
Rule Date
May 8, 2025
Effective Date
Jun 1, 2025
Rule ID
253939
Linked to
Reg. Last Update
May 8, 2025
Report Section
EU