Kasko (Comprehensive Insurance) Prices 2026: How Is the Premium Set?
There isn't a much more precise answer to "how much does Kasko (comprehensive car insurance) cost?" than there is for mandatory traffic insurance, because in Turkey the Kasko premium is not set by an official tariff table — it is determined entirely under free-market conditions. In this article we explain the mechanism behind Kasko pricing, the concrete factors that affect the premium, and ways to keep the premium at a reasonable level — we do not give a single "Kasko costs X TL" figure, because such a figure would not reflect reality. For Kasko's coverage, types, and whether it's mandatory, see our pillar article, the Kasko Insurance Guide.
Why Kasko is subject to the free market, not a tariff
Unlike mandatory traffic insurance (ZMSS - Zorunlu Mali Sorumluluk Sigortası), Kasko does not appear on SEDDK's (Turkey's Insurance and Private Pension Regulation and Supervision Agency) list of branches for which it issues tariffs and instructions; that list contains maximum tariffs and instructions for mandatory/subsidized branches that directly concern the public interest, such as state-subsidized agricultural insurance, mandatory earthquake insurance, and liability insurance for hazardous materials — Kasko is not among them. According to SEDDK's general terms and conditions page, the General Terms and Conditions for Land Vehicles Kasko Insurance are classified within the "Property Insurance" ("Mal Sigortaları") category of insurance branches; in other words, Kasko is a product whose policy framework (coverages, exclusions, indemnity principles) is standardized through the General Terms and Conditions, but whose price is not set by the state. According to the text of the General Terms and Conditions, the main coverages — collision, impact, rollover, fire, theft — sit within a broadly similar framework at every company; risks such as earthquake/flood, key loss, or use abroad, however, can only be added to this coverage via a supplementary agreement. Products such as Optional Financial Liability (İMM - İhtiyari Mali Mesuliyet) and personal accident insurance are not governed by the Kasko General Terms and Conditions but are separate insurance lines; companies often bundle these together with Kasko as a package. The insured value (Kasko value) is likewise determined based on the vehicle's fair market value. But it is each insurance company that decides on its own at what price to offer this framework.
The result is this: in Kasko there is neither a maximum gross premium table like the one for mandatory traffic insurance, nor a mandatory step (bonus-malus) regulation imposed by SEDDK. Insurance companies can give noticeably different quotes for the same vehicle, using their own claims statistics, risk appetite, and commercial priorities — this is not an inconsistency, but the natural result of a free market. In practice, this is similar to the same product being sold at different prices in different supermarkets: there is no legal minimum/maximum limit, and the quote depends entirely on that particular company's current risk model and commercial strategy; for this reason, treating the first quote you get from a single company as "the market price" can be misleading.
Factors that affect the premium
The fact that the Kasko premium is set freely does not mean it is set randomly; companies base their pricing on a similar set of variables:
- The vehicle itself: The brand, model, production year, engine displacement/power, and the vehicle's fair market value (Kasko value) directly affect the potential cost of damage or total loss.
- How it's used: Whether the vehicle is used privately or commercially, and the driver profile (age, driving history, etc.), factor into the risk assessment.
- Registration province: Regional theft and accident frequency statistics for the province/district where the vehicle is registered are reflected in the price as a regional risk coefficient.
- Claims-free history: A "no-claims discount" logic similar to that in traffic insurance also applies to Kasko; however, unlike mandatory traffic insurance, because there is no single SEDDK step (bonus-malus) regulation binding all companies in Kasko (as noted above, Kasko does not appear on SEDDK's list of branches for which it issues tariffs and instructions), discount rates and tier transitions are set according to each company's own internal practice and can differ from company to company.
- Coverage chosen and deductible: The choice between basic, extended, or full Kasko — which we compared in our Kasko types article — and the deductible amount added to the policy (where the insured covers a certain portion of the damage) directly pull the premium up or down.
- Supplementary coverage and add-on products: In addition to supplementary-agreement coverages such as earthquake/flood, key loss, or use abroad, each of the separate products bundled with Kasko, such as İMM or personal accident insurance, adds its own cost on top of the basic coverage; the more coverage/products added to the policy, the higher the premium.
None of these variables is decisive on its own; companies combine them in their own actuarial models to arrive at a final quote. This is why, even if two neighbors own the same make and model of vehicle, if one uses it daily in a city center and has chosen extensive full Kasko coverage while the other has a poor claims-free history and has taken out basic Kasko, the premium difference between them can be quite large.
Why quotes for the same vehicle can differ so much from company to company
While staying under a ceiling set by SEDDK is mandatory for traffic insurance, there is no such upper limit for Kasko; as a result, the quotes two companies give for the same vehicle, the same driver, and the same coverage scope can sometimes differ noticeably. The main reason for this is that each company prices risk separately based on its own claims statistics, its current portfolio mix, and its growth targets — a profile considered "risky" for one company may be regarded as average for another. Unlike the tariff-based system we describe in our Traffic Insurance Prices 2026 article, because there is no upper limit constraining this gap in Kasko, comparing quotes becomes an even more critical step for Kasko than for traffic insurance.
Ways to lower the premium
Because Kasko is priced freely, it isn't always possible to negotiate the premium directly, but there are a few concrete steps that can affect it:
- Get multiple quotes: Since there is no ceiling in Kasko, getting quotes from at least a few companies before renewal can reveal noticeable price differences for the same coverage scope.
- Protect your claims-free record: Sometimes covering small, low-amount claims out of your own pocket can improve your claims-free history and, in turn, your future quotes.
- Consider a deductible option: Choosing a policy with a deductible, where you agree to cover a certain portion of a claim yourself, generally lowers the premium; however, you also need to keep in mind the out-of-pocket amount you'd pay at the time of a claim.
- Adjust coverage to your needs: Removing supplementary coverages that aren't really necessary for your vehicle (for example, earthquake/flood coverage if you live in a low-risk area) can lower the premium by narrowing the scope — before making this decision, we recommend reviewing the coverage comparison in our Kasko types article.
- Declare accurately: Misstating the vehicle's intended use or mileage may look like a lower premium in the short term, but it carries the risk of the policy being deemed invalid at the time of a claim; for this reason, giving incomplete or incorrect information for the sake of a lower premium can end up being far more costly in the long run.
You can check your vehicle's past claims records and current policy status, for both traffic and Kasko, via SBM's (Insurance Information and Monitoring Center) web query page; checking these records before getting a new quote is a useful reference point for understanding your own risk profile.
In summary: unlike mandatory traffic insurance, the Kasko price is not the result of a state-set ceiling, but of a calculation in which your vehicle, how you use it, your claims history, and your chosen coverage/deductible combination come together in a free market. For this reason, the one sound strategy is to compare multiple quotes before renewal and adjust your coverage scope to your actual needs; if you'd like to examine coverage in more depth, see our Kasko types article, and for the overall picture, our Kasko Insurance Guide page.