The Insurance and Private Pension Regulation and Supervision Agency of Türkiye has amended its circular governing compulsory motor vehicle third-party liability insurance premiums, providing for a 1% increase in maximum premiums for November 2025 by vehicle group and usage type. The change applies under Temporary Article 11(2) of the Regulation on Tariff Implementation Principles for Road Motor Vehicles Compulsory Financial Liability Insurance and is implemented through an amendment to the existing circular on compulsory traffic insurance premiums. The amended provision enters into force on 1 November 2025.
Insurance and Private Pension Regulation and Supervision Agency of Türkiye 2025-10-10
Insurance and Private Pension Regulation and Supervision Agency of Türkiye raises November 2025 compulsory motor liability insurance premium caps by 1%
Türkiye's Insurance and Private Pension Regulation and Supervision Agency amended its circular to raise maximum premiums for compulsory motor vehicle third-party liability insurance by 1% for November 2025. This change, applicable by vehicle group and usage type, is under Temporary Article 11(2) of the Regulation on Tariff Implementation Principles for Road Motor Vehicles Compulsory Financial Liability Insurance. The amendment takes effect on 1 November 2025.