News
Should I steer clear of car insurer who does not offer a no claims bonus?
4+ hour ago (1401+ words) If I have an at-fault claim on my car insurance, they will increase my premium. If I have my no claims bonus protected, does this mean that my premium will not raise as much. In other words, if my no…...
Motor insurance premiums jump 9%, with increase blamed on repair costs and injury claims
4+ mon, 2+ week ago (514+ words) Motor insurance premiums rose by an average of 9 per cent to "623 last year, more than four times the rate of inflation in the same period, new figures from the Central Bank of Ireland show. The increase was blamed on the…...
What’s driving up the cost of car insurance in Ireland?
5+ mon, 3+ week ago (991+ words) Shop around, we're told. Make sure you fill in all your details correctly and truthfully, we are advised. It never seems to help, much. Insuring your car is always a process that, in Ireland, comes with a distinct sting. Our…...
‘I’m an insurance company’s dream customer. If something works well, why change?’
6+ mon, 3+ week ago (748+ words) A saver, but not by design. I spent long periods in remote locations offshore and in deserts such as the "Empty Quarter" of Saudi Arabia and Oman. You can't help but save when you're in an environment like that. My…...
Government unveils plan to tackle insurance costs
7+ mon, 3+ week ago (310+ words) A new plan from the Government is aiming to tackle rising insurance premiums, with plans for a transparency code and measures to boost competitiveness. The Action Plan for Insurance Reform contains 26 actions across the Departments of Finance, Justice, and Enterprise,…...
Motorists can spend €10k annually to keep car running
7+ mon, 4+ week ago (366+ words) New research from Outsurance Ireland has indicated that when unforeseen costs are factored in, Irish motorists can expect to spend an average of more than "10,000 a year to keep their petrol or diesel car running. Using the most popular car…...
Plan to hike personal injury awards will lead to higher premiums, warns Aviva
8+ mon, 1+ week ago (673+ words) Plans by Minister for Justice Jim O'Callaghan to hike personal injury awards by 16.7 per cent will only drive-up costs for consumers and businesses, one of the country's leading insurers has said. Mr O'Callaghan is preparing to bring a memo to…...
Consumers will feel impact of insurance claims cost rises most acutely
8+ mon, 1+ week ago (397+ words) It looks as if the nation's mechanics and parts dealers are doing well out the cost-of-living crisis . Or at least they appear to be doing better than many of those who use their services. According to the Central Bank's latest…...
Motor insurance claim costs up 25% in past year, Central Bank finds
8+ mon, 1+ week ago (639+ words) The cost of motor insurance claims jumped by almost one quarter in the 12 months to the middle of last year, new figures published by the Central Bank suggest. The bank's National Claims Information Database (NCID) midyear report on the motor…...
Insurers and businesses call for injury guidelines reform as 17% rise planned
9+ mon, 2+ week ago (546+ words) Insurers, business lobby groups and the Injuries Resolution Board (IRB) have called for an overhaul of how personal injury awards guidelines are set, amid concern that a planned 16.7 per cent hike to payouts will widen the gap with other European…...