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HomeIstanbul Vehicle DepreciationInsurance Companies

Short answer

The insurer responsible for the depreciation claim is the at-fault driver's MTPL insurer, who must conclude the application within 15 business days. Rejection or under-payment can be challenged before the Insurance Arbitration Commission or a commercial court of first instance; arbitration is typically the faster route.

Insurance Companies Guide

Understanding how to effectively communicate and negotiate with insurance companies is crucial for maximizing your depreciation compensation.

First Contact with Insurance

Report within 24 hours after accident

Correct Communication Channel

Always keep written records

Beware of Low Offers

Don't accept the first offer

Know Your Rights

Your right to compensation is protected by law