Why do car insurance prices keep rising?
31 October - 14 mins
Podcast Series
Lunchtime Live
New figures from The Central Bank of Ireland have shown that motor insurance premiums rose by an average of 9% to €623 last year.
Despite a drop-off of 1,000 in the number of private motor claims last year, the total cost of settlements rose by €42 million to a record €896 million, up 38% on the pre-Covid average…
If there are less claims, why is car insurance on the rise and how can we tackle these rising costs?
Joining Andrea to discuss is Brian Hanley, Director of the Alliance for Insurance Reform, Editor with Completecar.ie, Shane O’Donoghue, Moyagh Murdoch, CEO of Insurance Ireland, as well as listeners.
Series Episodes
