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    Home»Economy»New regulations in traffic insurance
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    New regulations in traffic insurance

    April 29, 20252 Mins Read
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    New regulations in traffic insurance

    The criteria for detecting sufficient or heavy damage in traffic insurance have been redefined. With the new regulations, the 60 % damaged vehicle will be considered seriously damaged.

    Insurance and private retirement regulations and supervisory agencies (SEDDK) have arranged serious damage criteria. Accordingly, if the damage exceeds the reasonable value of the car and does not accept repair, the car will be completely damaged. The damage will exceed 60 percent of the reasonable value or if the important parts are determined in the broken circular, the car will be traded in the form of severe damage. In the previous agreement, the damage rate determined by the evaluation services was more than 70 % and the damage record was gradually transferred to the system. The adequate or serious means of damage cannot be traffic, without a “withdrawal certificate” without buying and selling. With the new regulations, measures have been taken to monitor these transactions.

    Insurance will make an expert In order to realize the sufficient or serious damage accurately and reliable, the determination must be performed by the insurance expert who has received the license. The monitoring of transactions made by insurance companies and insurance experts will be carried out through the Insurance Information and Service Center.

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