Insurance options and pricing brackets in TRNC for 2026 below.
Traffic insurance (mandatory)
Annual £250-£420. Covers third-party damage only.
Comprehensive (optional, essential on premium cars)
2.5%-4% of the vehicle's value annually. For an £80,000 BMW M3 that's roughly £2,000-£3,200/year.
Which carriers?
In TRNC, Turkish subsidiaries Aksigorta, Anadolu Sigorta, Allianz and local Cyprus Insurance are the main options. Never settle without 3 quotes.
Mini-comprehensive (collision-only)
Not appropriate for premium cars — fire, theft and natural disaster fall outside the coverage.
Assistance package
Roadside + courtesy car + lock-out for £80-£150/year extra. A must on premium cars.
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Every premium car purchased at Nicosia Motors comes with same-day comparative quotes from 3 carriers. Contact us for details.
