What is Vehicle Insurance?

Vehicle insurance is a policy that protects vehicle owners against possible risks and provides financial security. Negative situations such as traffic accidents, natural disasters, and theft can cause vehicle owners to experience major financial losses. Vehicle insurance insures the vehicle owner against such situations.

Types of Vehicle Insurance

Vehicle insurances are divided into two main categories: Compulsory Traffic Insurance and Comprehensive Insurance.

Compulsory Traffic Insurance: Compulsory Traffic Insurance is a type of insurance that all motor vehicles must have and is determined by law. This insurance covers the material damages that the vehicle owner involved in the accident may cause to other parties. However, it does not cover the damages to your own vehicle.

Comprehensive Insurance: Comprehensive insurance is a voluntary type of insurance that covers the repair or loss of the vehicle in the event of any accident, natural disaster, or theft that may occur to the vehicle. Comprehensive insurance goes beyond the scope of traffic insurance and also covers the damages to the vehicle itself.

Advantages of Vehicle Insurance

Financial Security: Unexpected situations that may happen to your vehicle can lead to major financial losses. Insurance minimizes these losses and provides you with financial relief.
Legal Protection: In traffic accidents, your insurance policy can cover your legal liability to third parties.
Roadside Assistance Services: Many insurance companies provide you with roadside assistance services if your vehicle breaks down on the road or in an emergency.
How to Get Vehicle Insurance?

It is quite easy to get vehicle insurance. After applying to insurance companies and providing the necessary information about your vehicle (such as brand, model, age, usage status), you can create your policy. In addition, the age, model and purpose of use of your vehicle are among the factors that determine your insurance premiums.

As a result, vehicle insurance is an important assurance tool that protects your vehicle and your budget against possible risks. It is useful to get help from a professional insurance consultant to learn all the details about your insurance policy and to get the right coverage.