Earthquake insurance in Turkey
is compulsory cover that applies to every type of property in Turkey, whether residential or non-residential,
since it pays the cost of repairing damage to properties insured against earthquakes should
an earthquake or a natural disaster occur
Properties covered by earthquake insurance
Properties ready to live in, such as flats, buildings and villas in Turkey, provided of course that they are registered
with the Tapu (land registry) office in Turkey
Commercial properties such as offices registered with the Tapu office in Turkey
Communal parts of a building governed by the property ownership law, such as roofs, the garage and service facilities.
Government buildings and public service buildings, which the Turkish government makes available to residents during disasters.
Buildings that satisfy the construction requirements but have not been given a building designation as “commercial or residential”
Buildings that hold a deed of “property easement”: that is, still under construction but satisfying the requirements of the building
and land registry records, and holding an easement Tapu.
This earthquake insurance is taken out once, at the point construction of the property begins, in order to obtain
certain services that cannot be obtained until earthquake insurance in Turkey has been paid,
among them electricity, water, gas, telephone and internet.
The cost of earthquake insurance on properties in Turkey:
The cost of earthquake insurance in Turkey depends on the type of building, its location and its structure, and per year it does not exceed
40 dollars at most for a single flat.