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Turkey earthquake insurance rates reach 58 percent amid seismic risk FAST-MOVING
On the 27th anniversary of the 1999 Marmara earthquake, data from the Natural Disaster Insurance Institution (DASK) reveals that approximately half of the homes in Turkey lack mandatory earthquake insurance. The national insurance rate currently stands at 58 percent, covering 11,700,223 homes. Regional coverage varies significantly: the Marmara region has the highest rate at 65 percent, followed by Eastern Anatolia (64 percent) and Southeast Anatolia (63 percent), while the Black Sea region has the lowest at 45 percent.
DASK reported that since its inception in 2000, it has handled 867,275 damage reports following 1,397 damaging earthquakes. The year 2023 saw a peak in activity with 653,081 claims, largely due to the Kahramanmaraş earthquakes. Following those disasters, DASK paid 39 billion lira in damages within a nine-month period.
In response to ongoing seismic risks, various municipalities and organizations are emphasizing disaster preparedness. In Bursa, new investments in search and rescue training and firefighting fleets have been inaugurated. In Istanbul, the Ministry of Environment, Urbanization, and Climate Change reported that 1,007,000 independent units have completed urban transformation, while 291,000 are ongoing. Experts and geologists continue to warn of the necessity for resilient urban planning and scientific micro-zoning to mitigate future catastrophes.
Entities
Ahmet Büyükgümüş · Ahmet Yaşar · Ali Hamza Pehlivan · Balkır Demirkan · Black Sea region · DASK · Gölcük · Kahramanmaraş · Marmara Region · Murat Kurum · Naci Görür · Recep Tayyip Erdoğan
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] There have been 867,275 damage reports since DASK began operations in 2000. www.sozcu.com.tr · www.tv5.com.tr
- [● 4 SOURCES] The insurance rate for mandatory earthquake insurance in Turkey is 58 percent. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com
- [● 5 SOURCES] The Black Sea region has the lowest insurance rate at 45 percent. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr
- [● 5 SOURCES] The Marmara region has the highest insurance rate at 65 percent. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr
- [● 4 SOURCES] A total of 11,700,223 homes have mandatory earthquake insurance. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com
- [● 5 SOURCES] DASK paid 39 billion lira in damages following the Kahramanmaraş earthquakes. www.sozcu.com.tr · www.baskentgazete.com.tr · www.tv5.com.tr · finans.mynet.com
- [● 4 SOURCES] A total of 11,700,223 homes in Turkey have mandatory earthquake insurance. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com
- [● 5 SOURCES] The year 2023 saw the highest number of damage reports with 653,081 claims. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr
- [● 5 SOURCES] There have been 1,397 damaging earthquakes in Turkey since DASK began operations in 2000. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr
- [● 5 SOURCES] DASK has received a total of 867,275 damage reports since its inception. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr
- [○ 1 SOURCE] DASK paid 39 billion lira in damage claims following the Kahramanmaraş earthquakes.
- [● 5 SOURCES] The insurance rate for compulsory earthquake insurance in Turkey is 58 percent. www.sozcu.com.tr · www.tv5.com.tr · finans.mynet.com · www.baskentgazete.com.tr