What is Motor Third Party Liability Insurance?
Motor Third Party Liability Insurance is a mandatory policy which should be issued for every vehicle pursuant to Highways Traffic Code No. 2918. Motor Third Party Liability Insurance covers the material claims of the third parties in case of an accident.
Motor Third Party Liability Insurance is valid only within the borders of Türkiye. It should be noted again that Compulsory Motor Third Party Liability Insurance covers the claims of the third parties, not the claims of the insured. Claims of the insured are covered by the Vehicle Insurance in case of an accident.
Motor Third Party Liability Insurance is renewed annually. In the event that a driver is detected to use the vehicle without a Motor Third Party Liability Insurance policy, the vehicle is impounded and the driver is prohibited from driving. It is necessary to pay the fine and submit a traffic insurance policy to get the vehicle back.
How is the Motor Third Party Liability Insurance calculated?
Insurance companies investigate loss record, type of the vehicle, information of the license holder, license plate code of the city, residence city and renewal time of the policy holder.
Try our comparative insurance offers, where you can find the right offer with Motor Third Party Liability Insurance for you!
