Insurance and buying guide
Is DASK mandatory, who gets it done?
Compulsory Earthquake Insurance, known as DASK, is a legal obligation for certain buildings and independent sections. Seeking a valid policy during the title deed transaction or mortgage loan does not mean that this insurance is a document obtained only on the day of the transaction. The policy must be renewed every year; It should also be understood which risks and within what limits the guarantee protects the building.
One-minute summary
What to remember before deciding
- Know that independent sections within the scope of condominiums and privately owned residences with title deeds are generally within the scope of DASK.
- Verify that the owner or beneficial owner is responsible for taking out the policy and renewing it annually.
- During the title deed transfer, check not only the existence of the policy but also that it is issued with valid and accurate information on the date of the transaction.
- DASK covers the direct material damage caused by the earthquake in the building; Please note that it does not cover loss of property, rent and bodily harm.
- Do not use the policy instead of a technical report or expertise regarding the earthquake resistance of the building.
Classify correctly in which buildings DASK is mandatory
The title deed and usage characteristics of every place used as a residence are not the same.
Disaster Insurance Law No. 6305; Compulsory earthquake insurance covers independent sections within the scope of the Property Ownership Law, buildings built as residences on privately owned immovable properties registered in the title deed, independent sections such as commercial premises and offices in these buildings, and residences built with state support due to natural disasters.
There are exceptions such as buildings used as public residences or public service buildings, some buildings in the village settlement area specified in the law, and buildings used entirely for non-residential purposes. A decision on whether a property is "in scope" or "out of scope" should not be made based solely on daily use; The nature of the title deed, the type of structure and the class in the law should be checked together.
Short answerDASK is mandatory for buildings within the scope and is renewed every year.The liability generally lies with the owner or usufructuary; The title deed and usage nature of the real estate must also be verified in terms of exceptions.
Separate who gets the policy from owner, tenant and loan relationship
In the law, the owner or usufructuary is shown as the owner or beneficiary who is obliged to take out the insurance and renew it every year. The tenant can actually pursue the policy process or pay the premium; However, this does not make the legal liability the same as the cost sharing in the lease agreement. Parties must clearly draft their contracts.
If the compulsory earthquake insurance related to the mortgage loan has not been taken out by the borrower, the credit institution can issue the policy by informing the insured. Just because the bank creates the policy does not automatically mean that the real estate information is correct. Address code, building style, construction year, gross area, number of floors and insured information should be checked.
| Status | Principal obligor | Control |
|---|---|---|
| Malik is sitting | Malik | Renewal every year and accurate building information |
| Housing is on rent | Owner or beneficial owner | Payment sharing in the lease agreement |
| Have a mortgage loan | Using credit; If not done, the bank can arrange | Information and policy details |
| Has usufruct | Owner or beneficial owner | Matching rights and insured information |
Make the valid policy part of the transaction file in the title deed sale
The Disaster Insurance Law regulates that certain title deed registration and cancellation transactions in buildings and independent sections within the scope of DASK cannot be carried out without documenting that the policy has been taken out and is valid on the transaction date. TKGM also includes the Compulsory Earthquake Insurance policy for real estate properties that qualify as buildings among the documents required for sales.
If the island, parcel, independent section or address code in the policy taken just before the sale is incorrect, the transaction and possible damage file may become difficult. How the existing policy will be updated for the new owner, whether a transfer addendum is required and the renewal date should be confirmed in writing with the insurance company.
- Policy number and expiry date
- National Address Database address code
- Compatibility with the island, parcel and independent section in the title deed
- Gross area, building style and year of construction
- Post-sale policyholder and beneficiary update
Know that DASK protects the building and does not cover all losses
Compulsory Earthquake Insurance; It covers the material damages directly caused by the earthquake and the damages caused to the building by fire, explosion, tsunami and landslide as a result of the earthquake, within the policy limits. Foundation, main wall, ceiling, floor, stairs, elevator, roof and similar building parts are at the center of the scope.
Debris removal, loss of rent, alternative housing expenses, movable property, bodily harm and moral compensation are outside the scope of DASK. If the reconstruction value of the building is higher than the policy limit or if the risk of belongings and temporary shelter is to be protected, optional housing and earthquake coverages separate from DASK should be evaluated.
| Lost | DASK status | Separate evaluation |
|---|---|---|
| Building damage caused by earthquake | Covered within policy limit | Remake value gap |
| Household goods | Out of scope | Home/content insurance |
| Rental and temporary housing | Out of scope | Additional collateral and cash reserve |
| Bodily harm | Out of scope | Different insurance and legal liability |
Do not read the current policy as proof of building safety
DASK policy is a risk financing tool; It is not an engineering report that measures the earthquake performance of the building. The fact that the policy has been issued does not prove that the load-bearing system has been examined, that the building fully complies with the license and project, or that it will not be damaged in a possible earthquake.
When purchasing a home, complete the policy check with building age, project history, observations and, if necessary, authorized technical inspections. Also keep in mind that the insurance amount follows the reconstruction cost approach excluding land value, not the market sales price. The purchasing decision is healthier when you do not confuse insurance with technical security.
- DASK policy: financial guarantee
- Risky structure detection: Official technical process within the scope of 6306
- Earthquake performance analysis: engineering review
- Appraisal: report focused on value and credit suitability
- Architectural evaluation: plan, use and transformation potential
Frequently asked questions
Clear, concise answers
01Is it mandatory to have DASK?
It is mandatory to have Compulsory Earthquake Insurance for the buildings and independent sections listed in Law No. 6305 and to renew it every year. Exceptions such as public buildings, some village buildings and buildings used entirely for non-residential purposes are also evaluated.
02Should the landlord or the tenant apply for DASK?
The legally obliged owner is the owner or usufructuary. The tenant may pursue the transaction or the parties may contractually arrange the payment of the premium; This does not automatically change the obligation in the law.
03Does DASK policy show that the building is solid?
No. DASK is insurance coverage for certain material damages caused by earthquakes; It is not an earthquake performance report that examines the load-bearing system of the building or a risky building determination.