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Is Property Insurance Mandatory in Turkey?

Many of us consider buying property abroad, and Turkey is becoming an increasingly popular choice. But before making this important purchase, a question arises: is property insurance mandatory in Turkey?

Answer: Yes, property insurance in Turkey is mandatory, but there are nuances. The main requirement is to have compulsory earthquake insurance (DASK), which is necessary for processing property documents. This insurance covers damage caused by earthquakes and their consequences.

Benefits of DASK:

Protection of your property from natural disasters.

Ease of document processing when buying property.

Mandatory requirement for obtaining a mortgage.

However, DASK does not cover damage from other risks such as fire, flooding, or theft. Therefore, it is also recommended to consider additional voluntary insurance to fully protect your property.

To summarize:

DASK is mandatory for all property owners.

Additional insurance is your choice, but it can significantly reduce risks.

Protect your property!