Car News recent articles in category Motor Insurance
-
Motor Insurance is 35% higher in the past decade
Motor insurance premiums rose as much as 35% over the past ten years despite a massive drop in claims. Profit margins for the insurance industry actually increased from 9% in 2018 to 10% last year. The industry has raised their premium prices by 35% even though there has been a 9% fall in the cost of claims in...
-
Cost of motoring falling due to cheaper insurance and fuel prices
You may have noticed that the cost of fuel has fallen slightly in recent months due to reduced global demand as a result of Covid-19. At the same time, according to the AA the average cost of running a family car fell to €10,386 which is down €207.26 on last year, with the biggest year-on-year change coming as a...
-
It's official. Insurance companies are ripping us off
Insurance companies are ripping us off and it's now official! The Central Bank has confirmed that insurance companies are ripping off motorists here in Ireland. This is nothing that every one of us did not know but now has been confirmed by the Central Bank. In damning new data from the first edition of the new National Claims Information Database,...
-
Insurance ‘Green Card’ no longer needed to drive in Northern Ireland
What has been described as insurance ‘Green Card’ is no longer required to drive in Northern Ireland in the event of a No-Deal Brexit. Insurance providers had previously warned that their so-called insurance green card would have to be used when the UK left but now that seems to be no longer needed? Why was it needed in the first...
-
Why have a dashcam?
Pros and cons of dash cams A dashcam is a very nifty device and have grown significantly in popularity in the last number of years. They act as an in-car camera whose purpose is to record your journey both visually and audio. Initially, when brought out they were a luxury due to their high prices although they are now much...
-
Personal injury claim dismissed as suspicions rise that ‘two cars never made contact’
Expert saves €420,000 combined from seven personal injury claims At Ennis circuit court, a judge dismissed four personal injury claims and three more were dismissed alongside these for an alleged crash that occurred between a Ford Focus and a Nissan Almera in the village of Inagh, Co Clare, on March 13, 2014. These claims were worth a total of €420,000...
-
Irish Electric Car Sales On The Increase
EV Sales So far this year, in the first quarter, there has been as many electric cars sold than in the whole of 2018. Industry figures have revealed that 330 new electric car were registered in Ireland during the month of February, compared to just 72 in the same month last year. So far this year, 1,129 electric cars have...
-
One family paid over €1m in 40 personal injury claims
A British family is currently under investigation in Ireland suspected of involvement in alleged staged crashes. Collectively, this family has brought a total of 40 personal injury claims against insurance company worth over €1m. The investigation covers 15 accidents between 2007 and 2015 in Ireland and the UK. Aviva Insurance has discovered that this family had been travelling to Ireland...
-
One in five drivers in Ireland would consider getting rid of their cars because the soaring price of motor insurance is so prohibitive
One in five drivers in Ireland would consider getting rid of their cars because the soaring price of motor insurance is so prohibitive Young drivers, in particular, are highly exposed to massive car insurance costs. Another group affected by the high cost of car insurance are returning emigrants who may have let their no-claims bonus years lapse. It's quite a...
-
Irish motorists offered discount on their insurance if they install a dash cam
In a bid to cut down on fraudulent injury claims, Irish motorists are being offered a discount on their insurance if they install a dash cam. AXA Insurance is offering their customers a 10% discount off their car insurance policies if they install a Nextbase dash cam in their vehicle. The insurance company announced the incentive as they launch an...
