Motor insurance prices will not change until claims costs fall

Cliff Taylor A friend was renewing her motor insurance during the week. She is in her 30s with a full licence, a clean record and a driver for 15 years. Her 2016 price was €430. When she rang her insurance company the quote for 2017 was €940. Shop around, I advised,...

Plan to make companies explain motor insurance increases

Insurance companies will have to explain why they are increasing motor insurance premiums and will have to provide extra information on how premium costs are calculated, a Government report on the sector will recommend. The report on motor insurance is expected to...

One in five knows someone who exaggerated claim, says insurer

One in five people knows somebody who has exaggerated an insurance claim and 15 per cent are aware of someone who has falsified information, according to a new survey. The vast majority in Ireland believe insurance scams feed directly into rising premium costs, the...

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