What is Motor Own Damage (Casco)?
Casco insurance is optional cover for damage to your own vehicle. It covers risks such as collision, fire, theft, malicious acts and, depending on the selected extensions, natural catastrophes.
Compulsory traffic insurance only covers damage to third parties, whereas casco protects your own vehicle. For companies, vehicles are an essential part of sales and field operations; a damaged or stolen vehicle can mean direct business loss.
Fleet casco policies insure many vehicles under one policy or umbrella with fleet-specific premium and claims terms. Deductibles, replacement vehicles, authorised repair shops and parts preferences can be tailored to your company's needs.
What is covered?
-
Collision and impact
Damage caused by the vehicle hitting an object or another vehicle, whether moving or parked.
-
Fire
Damage from the vehicle catching fire or being affected by fire.
-
Theft and attempted theft
Theft of the vehicle or its parts and damage caused during an attempted theft.
-
Malicious acts of third parties
Damage intentionally caused to your vehicle.
-
Glass breakage
Breakage and cracks in front, rear and side windows.
-
Excess third-party liability (İMM)
Additional liability cover for third-party damage exceeding the compulsory traffic insurance limits.
Optional extensions
- Natural catastrophes such as earthquake, flood and storm
- Strikes, riots, civil commotion and terrorism
- Replacement vehicle
- Personal accident (driver and passengers)
- Legal protection
- Key loss, minor repairs and roadside assistance
- Goods in transit and vehicle-mounted equipment
Who is it for?
- Companies owning passenger cars and light commercial vehicles
- Firms running fleets for sales, service and field teams
- Logistics, distribution and rental companies
- Organisations providing company cars to executives
Information needed for a quote
Sharing the following information lets us obtain fast and accurate quotes from several insurers.
- Vehicle registration details and vehicle list
- Vehicle usage and driver profile
- Claims history for the last 3 years
- Preferred deductible, repair shop and replacement vehicle options
Frequently asked questions
What is the difference between casco and compulsory traffic insurance?
Traffic insurance is mandatory by law and only covers damage to third parties. Casco is optional and covers damage to your own vehicle, theft and other selected risks.
What is fleet casco and what are its advantages?
Fleet casco insures many company vehicles under one umbrella. Depending on fleet size and claims history it offers special premiums, shared deductibles and easier management.
How does choosing a deductible affect the premium?
With a deductible, the policyholder bears part of each claim. Policies with deductibles can be issued at lower premiums and are often preferred by large fleets to optimise costs.
Are vehicle-mounted equipment and carried goods included?
Standard casco covers the vehicle itself. Mounted equipment, accessories and carried goods require an extension or a separate cargo policy.
Scope of cover and limits are determined by the general and special conditions of the issuing insurer.