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News Middle East22 May 2023

Turkiye:Motor insurance premiums soar

| 22 May 2023

A comprehensive motor insurance policy with a premium of TYR5,000 ($252) on average in 2022 now costs around TRY15,000. A motor third-party liability traffic insurance policy, which cost around TRY1,200 last year could cost about TRY3,000 this year, according to a report by the national television network, NTV.

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