Yeniköy Insurance for Historic Homes, Valuables and Cars

Yeniköy is a Bosphorus village with a long history, where old houses and newer residences stand side by side. For many families living here, and for the diplomats, executives and long-term foreign residents who rent homes in the area, the house is more than shelter. It holds furniture, paintings, rugs, collections and heirlooms gathered over years. In homes like these, the real question is not “do we have a policy?” but “do the values on the policy reflect reality?”

How to think about the building value of an older home

Repairing an older building after damage can require different materials and craftsmanship than a modern flat. If the building value on the policy is set too low, the claim payment may be calculated on that basis. So when setting the value we talk openly about the construction style, floor area and any features that need specialist work. DASK, the compulsory earthquake insurance for registered homes, covers only the building and only up to a set limit; building value above that limit, and your contents, should be looked at under a home policy with earthquake cover.

One point is often confused: the building value on a home policy is not the sale price. A sale price includes the land share, the view and the location, while insurance generally looks at what it costs to repair or rebuild the structure. On the Bosphorus shore these two figures can be far apart. Look at the building, not at property listings.

Damp and water on the waterfront

Humidity, ageing pipes and water coming in during heavy rain are real topics in shoreline buildings. Water damage from plumbing and flooding from outside can sit under different sections of a policy. We state clearly at quotation stage which of them your home insurance includes.

Valuables: no declaration, no cover

Standard home policies usually insure contents as one total sum. For paintings, antique furniture, jewellery or collections, conditions can differ, and some insurers ask for these items to be listed individually. It helps to prepare:

• A list of valuable items with invoices, appraisal reports or photographs where available
• How the home is used: lived in all year, or empty for long periods while you are abroad?
• Existing security such as an alarm, cameras or a guard
• Recent renovation work and plumbing replacements

The car and daily life

Heavy traffic on the coast road and tight parking in narrow streets make scratches and minor knocks a routine event. For a higher-value car, choosing kasko (comprehensive motor insurance) is not only about the premium: look at the choice of repair shop, replacement car and glass cover. As the market value of the car rises, check at renewal that the insured value is still current; extra equipment and accessories may be excluded if they are not declared.

It is fine if your home and car are insured with different companies. What matters is that each policy uses current values and that they complement each other. Send us your existing policies and we will mark open risks and overlapping cover one by one.

How to get a quote

If we need to see your home in Yeniköy, we can arrange a visit; in most cases, title deed details, photos and an inventory are enough for a sound quote prepared remotely. We compare the terms of several insurers and give you a clear summary. Our office is at Maslak Mah. Atatürk Oto Sanayi Sitesi 1. Kısım, 40. Sokak No: 296, Sarıyer, Istanbul, open weekdays 09:00–18:00 and Saturday 09:00–13:30, with or without an appointment. Phone or WhatsApp +90 530 375 89 61; we are happy to talk in English.

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