07.12.2024 12:20
The President of TESK, Bendevi Palandöken, drew attention to the differences in mandatory traffic insurance prices, which can reach up to 100%. He emphasized that a price range with a minimum and maximum limit should be established by the government.
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The President of the Confederation of Tradesmen and Craftsmen of Turkey (TESK), Bendevi Palandöken, stated, "A floor-ceiling price range determined by the state needs to be established for mandatory traffic insurance. There can be almost 100% differences between the prices offered by insurance companies for vehicles of the same age and model. This situation makes citizens regret buying a car."
"VEHICLE OWNERS ARE BEING WRONGED"
TESK President Palandöken made a statement regarding the costs of mandatory traffic insurance through a video message. He pointed out that the varying prices of mandatory traffic insurance everywhere have victimized vehicle owners, saying, "A floor-ceiling price range determined by the state needs to be established for mandatory traffic insurance. There can be almost 100% differences between the prices offered by insurance companies for vehicles of the same age and model. This situation makes citizens regret buying a car. Since it is mandatory, it is essential to ensure price unity and prevent the victimization of citizens."
"PRICE CONFUSION MUST BE PREVENTED"
Palandöken noted that insurance companies determine prices based on the risks in the area where the vehicle is located, and this affects their profitability. He stated, "However, it should not be forgotten that this insurance is a mandatory traffic insurance. This is not optional like comprehensive insurance. Whether your vehicle is parked in a garage or you are on the road, you are required to have this insurance. Otherwise, you face penalties. Citizens rightly say, 'There is a huge gap between the prices of five years ago and the current prices.' Therefore, it is necessary to ensure a standardization in mandatory traffic insurance and to prevent the price confusion that disturbs citizens. Price differences of up to 100% are unacceptable. As the name suggests, it is mandatory traffic insurance. If it were comprehensive insurance, people could choose whether to get it or not. However, the situation is different here. There is a price increase that far exceeds inflation rates, and this increase continues to grow exponentially."
"THE INSURANCE PROBLEM FOR ALL VEHICLES IS GROWING"
Palandöken emphasized that this issue must be resolved for all vehicles traveling on highways, stating, "Mandatory traffic insurance is now creating a serious negative impact for citizens. This problem needs to be solved, and prices need to be brought to a reasonable rate. In comprehensive and other policies, insurance companies can arrange policies according to their own criteria; this is up to the citizen's preference. However, there cannot be such freedom in mandatory traffic insurance. This problem is growing for all vehicles, whether commercial or private, traveling on highways. As prices rise rapidly, citizens are seriously disturbed by this situation. This problem must be resolved."
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