DASK Compulsory Earthquake Insurance: Current Regulations

What Is DASK?

The compulsory earthquake insurance offered by DASK (the Natural Disaster Insurance Institution) is the basic coverage for housing against earthquakes and earthquake-caused damages. It is mandatory for independent units of residential character and is sought in certain formal transactions (title deed, utility subscription).

What Does DASK Cover?

DASK covers, within specific limits, the direct material damage to the building caused by earthquake and earthquake-caused fire, explosion, tsunami, and landslide. However, DASK has a limit and does not cover contents, loss of profit, or damages above the limit. For this reason, DASK is often not seen as sufficient on its own.

Who Arranges It?

DASK is arranged separately for each independent unit and, as a rule, is the owner\'s responsibility. Apartment management may inform residents about DASK, but each unit\'s policy concerns its own owner. Common areas may require a separate evaluation.

Other Insurances of the Apartment

In addition to DASK, there are insurances taken out for the building\'s common areas (for example, common-area fire insurance, liability insurance). These insurances are evaluated within the scope of common expenses and included in the operating project. We covered which insurances are required in detail in our apartment insurance article.

Relationship with Earthquake Safety

DASK is important protection but does not replace structural safety. If a building carries earthquake risk, the solution is not insurance but reinforcement or transformation. DASK provides financial compensation after damage; reinforcement tries to prevent damage. We covered the building reinforcement process in our earthquake and reinforcement article.

Common Mistakes

• Thinking DASK is sufficient: It is a limited coverage; it does not cover all damage.
• Not renewing the policy: DASK must be renewed every year.
• Neglecting common-area insurance: DASK is individual; common areas are evaluated separately.

Related Topics

Earthquake safety concerns not only insurance but also structural measures; you can review our building reinforcement article. We covered which insurances are required in an apartment in our apartment insurance article and the inclusion of insurance premiums in the budget in our operating project article.

This content is for informational purposes. Consult authorized insurance institutions for coverage and terms.