The Principles of Implementation of the Mandatory Liability Insurance Rate of Motorized Road Vehicles (Traffic Insurance) will change on condition that from September. According to the previous regulations people who bought used cars were able to benefit from the remaining traffic insurance of the owner of the previous vehicle (from the date of sale) for 15 days. However, with this change that will be made in September 2019, that possibility will no longer be possible.
A fundamental change in the principles of application of tariffs for compulsory motor vehicle liability insurance, known as mandatory traffic insurance, as of September 2019. After the sale of used vehicles, the New owner was able to benefit from the old traffic insurance for another 15 days, and now it is necessary to hire it when the car is purchased.
The insurer Baris Gumus summarizes the change to better understand the regulation by the owners of the vehicle; 15-day rule because the first is the right to benefit from the previous insurance, traffic accidents that occurred during this period, according to the insurance policy of the seller of the vehicle in the hands of the reflection of the transactions. In this case, the seller said that this agreement was made to avoid any inconvenience related to insurance premiums in future vehicle purchases.
For a period of 15 days, the new owner's policy on the former owner could be actively used, but as of September 2019, the period of 15 days after the sale will no longer exist. As soon as the sale passes the notary's approval, the previous insurance will be invalid. With the legal amendment announced by official channels, the vehicle taken by the buyer is left without insurance.
The 15-day period granted to prevent victimization of new vehicle owners has caused sellers to become victims over the years. The new owners of the vehicles delayed the new insurance policy as long as possible and problems arose for the former owner of the insurance policy.
Insurance could be paid for accidents not related to the dealer's continuous insurance. In this case, the seller faced a series of negative records in his insurance due to an accident he was not responsible for, and was subject to premium increases in the next premium period. Upon realizing this situation, the state and Treasury authorities now want the insurance to be canceled as soon as the official sale is made with the new regulation. Therefore, as of September, no one can benefit from the rights of the policy of the former owner of the vehicle for 15 days.
[Total: 0 Average: 0]