kasko

Kasko is a term used in motor vehicle insurance in several European markets and in Turkish. It denotes coverage for damage to the insured vehicle itself, rather than liability coverage for damage caused to others. The word originates from casco, a term historically used in maritime insurance, and was adopted into automotive insurance vocabulary to describe coverage of the vehicle’s own shell or structure.

In Turkish insurance practice, kasko sigortası is the vehicle’s comprehensive coverage that protects the owner’s car against damage from various causes, including traffic accidents, theft, fire, natural disasters, and other insured events. It is optional and is typically purchased in addition to the mandatory Trafik Sigortası (third-party liability insurance), which covers damage to other people and their property.

In German-speaking regions, Kasko or Kaskoversicherung refers to the part of motor vehicle insurance that covers damage to the insured vehicle itself. It is divided into two main levels: Teilkasko (partial casco) and Vollkasko (full casco). Teilkasko generally covers non-collision damages such as theft, fire, storms, hail, flooding, and glass breakage. Vollkasko covers these risks plus damage to the insured vehicle in the event of a collision or vandalism, and may include additional optional protections. Premiums depend on factors such as vehicle value, age, usage, location, and the chosen deductible.

Overall, Kasko is an optional complement to mandatory liability insurance, with the scope and cost of coverage varying by country, insurer, and policy terms. It is commonly used by vehicle owners seeking protection for their own car beyond third-party liability.