Koray Erdoğan, CEO of Ray Sigorta, stated that losses have increased due to the rising levels of private transportation during the new normal and weather events such as hails and floods. “Even though it is not possible to eliminate risks for car owners, we can minimize their concerns by fully compensating for their losses,” he said. 

Recent severe weather events, intense rains, hailstorms and floods have once again reminded us the importance of having motor insurance protection for our cars. Insured losses incurred during the hailstorm event that occurred in many areas of Anatolia, İstanbul’s Anatolian side in particular, were compensated rapidly. Koray Erdoğan, CEO of Ray Sigorta, reminded that 2 billion 224 million TL was paid in the motor branch according to the results announced by the Insurance Association of Turkey for the first 6 months of 2020. He added that motor insurance is a requirement to ensure peace of mind for car owners at any time, including the new normal. “We see that use of private transport has increased due to the pandemic. It would be wrong to say that risks imposed on private vehicles have decreased during this period. After the recent hail event, vehicles have suffered from many large and small-scale dents. Moreover, according to the 2020 August bulletin issued by the Department of Traffic of the General Directorate of Security, number of run-off-road crashes reached 15 thousand, number of vehicles that toppled or fishtailed reached 11 thousand, and number of vehicles that crashed a parked vehicle reached 750. This shows us that risks will be a part of our lives, regardless of the circumstances we are living in. Buying insurance does not only provide easy compensation of the loss, but also eliminates the concerns and worries of the policyholder. The biggest value insurance can offer is this peace of mind,” he said.

Customized motor policy options

Koray Erdoğan stated that the approach of a single solution that can address every problem is insufficient in insurance business; therefore, constantly changing requirements and preferences of individuals should be addressed with proper solutions. He added that Ray Sigorta offered motor services to its customers with 3 different products: Economic Casco, Baby on Board Casco, and Princess Casco.

Economic Casco, one of the cheapest packages offered by Ray Sigorta, offers Rapid Repair Center and an extensive coverage that can be used in contracted repair services, enabling policyholders to insure their individual vehicles in a single policy with reasonable prices. Baby on Board Casco is a product designed exclusively for parents that have babies, and can be bought by all drivers who have children younger than 5 years old. In addition to standard motor casco coverage, this product offers a wide range of assistance services, and an extra 25% discount for private vehicles. Ray Sigorta Princess Casco is a special product for female drivers and can be bought by women that own a vehicle registered in their names.  This motor casco package includes services that simplify life for female drivers such as a special hotline, cab service to ensure that the driver is not left afoot after the accident, special motor-valets who can assist in filling out the accident report form. Moreover, if you own this product, Ray Sigorta takes your damaged car to the repair service on your behalf and delivers the replacement car to a location of your choice.

Ray Sigorta also offers discounts for specific professionals. Judges and government attorneys, doctors and dentists, pharmacists, nurses, healthcare professionals, architects, engineers, academic personnel and teachers, accountants and financial advisors, members of Turkish Armed Forces and its civil employees, government officers, retirees and employees of joint stock companies can benefit from an extra discount of up to 25% in addition to all other discounts.

10% discount in traffic insurance for full protection

Setting off from the fact that some people neglect buying traffic insurance even though it’s compulsory, Ray Sigorta has initiated a new campaign with the aim of making a contribution to increasing the insurance penetration across country and avoid loss of national wealth. According to this campaign, if the consumer already owns a Ray Sigorta motor casco policy or buys a new motor casco policy from Ray Sigorta, they will benefit from a discount of up to 10% in compulsory traffic insurance, depending on certain criteria.