Turkey raises mandatory traffic insurance premiums by up to 4% starting July 2026

The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) issued a new directive that revises the maximum premiums for compulsory motor vehicle liability insurance. Effective 1 July 2026, the ceiling for most private vehicle groups will rise by 2 percent compared with the previous month’s rates. For commercial passenger‑transport vehicles – taxis, minibuses (10‑17 seats) and buses (18 seats and above) – an additional 2 percent surcharge will be applied, resulting in a total 4 percent increase for those categories.

The change applies to all vehicles that renew their compulsory traffic insurance in July, affecting millions of owners nationwide. Commercial operators face a larger cost impact, while private car owners see a modest rise. Insurance companies must issue policies based on the new caps, and vehicle owners are advised to adjust renewal timing and budgeting accordingly.