Compulsory earthquake insurance covers independent parts that are mentioned at law 634 about flat ownership, immovable and buildings and residence places that are constructed on the private land and registered to title, and independent part that take place in these buildings such as offices and work shops, and residence places constructed by the government and given by the government as a result of natural disaster.

Buildings that are not covered by this insurance;

• Buildings that belong to government and relevant associations to the government
  
• Buildings that are built at village residence places
  
• Buildings that are fully used for commercial or industrial purposes
  
• Buildings that are built after 27.December 1999 but that do not have any license for construction within the frame of the relevant law

Calculation of the insurance premium

1. While separating the earthquake regions, The "TURKEY EARTHQUAKE REGIONS MAP" prepared by the Ministry of Development and Settlement is accepted. Please choose which is the earthquake region for your building.

• 1.BÖLGE
  Adalar, Amasya, Aydýn, Ayvalýk, Balýkesir, Bandýrma, Biga, Bilecik, Bingöl, Bitlis, Bolu, Burdur, Bursa, Çanakkale, Çankýrý, Denizli, Erdek, Erzincan, Erzurum, Gölcük, Hakkari, Hatay, Isparta, Ýskenderun, Ýstanbul Anadolu Yakasý, Ýzmir, Kastamonu, Kýrýkkale, Kýrþehir, Kocaeli, Köþeköy, Manisa, Muðla, Muþ, Sakarya, Tokat.
  
• 2.BÖLGE
  Adana, Adýyaman, Afyon, Aðrý, Altýnoluk, Antakya, Batman, Bozöyük, Çorum, Diyarbakýr, Elazýð, Eskiþehir, Ýstanbul Avrupa Yakasý, K.Maraþ, Kandýra, Kars, Kütahya, Malatya, Samsun, Þýrnak, Tekirdað, Tunceli, Uþak, Zonguldak.
  
• 3.BÖLGE
  Ankara, Bayburt, Gaziantep, Gümüþhane, Ýçel, Kayseri, Mardin, Nevþehir, Ordu, Urfa, Yozgat.
  
• 4.BÖLGE
  Alanya, Edirne, Giresun, Kýrklareli, Konya, Niðde, Rize, Sinop, Trabzon.
  
• 5.BÖLGE
  Aksaray, Karaman

2 . Choose the construction type of the building.

3 . Make your necessary calculation according to below given chart.

ABOUT GROSS M2 OF THE BUILDING x M2 VALUE (YTL) = INSURANCE VALUE (YTL)
INSURANCE VALUE (YTL) x PRICE / 1000 = INSURANCE PREMIUM (YTL)

The insurance sum of the residence place insured by compulsory earthquake insurance cannot exceed the maximum security amount

Maximum security amount: Maximum security amount for all kinds of constructions is 85.000 YTL within the cover of the compulsory earthquake insurance for a residence place.

Exception: at each damage, 2% discount exception is taken over the value of the insurance. Natural disasters Insurance Association is responsible for the exceeding part of this exception part. For the practice of the exception, each 72 hours term is accepted as a damage.

Term of insurance : Term of insurance is for 1 (one) year.

Authorized Insurance agencies and collection of the premiums: Compulsory Earthquake Insurance is made by insurance companies and their agencies that are authorized to make contracts on behalf of Natural disasters Insurance Association. Insurance companies that are authorized to make contracts on behalf of Natural disasters Insurance Association collect the Premium amount in cash according to price list and regulations.

Commission to be paid to Authorized Insurance companies: To the insurance companies that are authorized to make contracts on behalf of Natural disasters Insurance Association are paid as 12,5 % of the compulsory earthquake insurance amount that are made by themselves or their agencies

Optional insurance : other associations or people except Natural disasters Insurance Association cannot make compulsory earthquake insurance. However, if the value of the independent part or itself of a building is more than 85.000 YTL , for the exceeding part of the 85.000 YTL, with a condition that the compulsory earthquake insurance is made, optional earthquake insurance can be made by the insurance companies.