REPLACEMENT VEHICLE COST
WHAT IS A REPLACEMENT VEHICLE? A replacement vehicle is a vehicle that, following an accident, is deemed by an expert to be unfit for road use due to the damage it has sustained... Read More
INSURANCE ARBITRATION COMMISSION
WHAT IS THE INSURANCE ARBITRATION COMMISSION AND WHAT ARE ITS DUTIES? The Insurance Arbitration Commission was established in 2008 under Law No. 5684 on insurance... Read More
2918 HIGHWAY TRAFFIC LAW APPENDIX – 2
Article 2 of the Annex to Law No. 2918 on Highway Traffic: Use of Vehicles for Purposes Other Than Those for Which They Are Registered. The second annex to the aforementioned law states... Read More
VEHICLE DEPRECIATION
VEHICLE DEPRECIATION GENERAL VEHICLE DEPRECIATION A vehicle damaged in a traffic accident is taken to a service center for repair. As a result, the vehicle... Read More
TOTAL LOSS VEHICLE COMPENSATION
TOTAL LOSS VEHICLE COMPENSATION Total loss vehicle compensation, also called total loss difference compensation, is the compensation paid to a vehicle owner who has comprehensive insurance and whose vehicle is totaled as a result of a traffic accident... Read More