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Concerns Raised Again Over Rise In Car Insurance

Insurance companies are said to be clamping down on the types of drivers and cars that they're willi...
TodayFM
TodayFM

6:45 PM - 30 Jul 2016



Concerns Raised Again Over Ris...

News

Concerns Raised Again Over Rise In Car Insurance

TodayFM
TodayFM

6:45 PM - 30 Jul 2016



Insurance companies are said to be clamping down on the types of drivers and cars that they're willing to provide cover for.

It comes as the Government is being urged to do more to stop the surge in car insurance prices.

Premiums are reported to have gone up by more than 70 per cent since 2013.

The motor industry has issued a warning saying the rise in costs is showing no signs of easing.

Charlie Weston Personal Finance Editor with the Irish Independent says learner drivers are being particularly hard hit:

While Insurance broker Jonathan Hehir says the sector is haemorrhaging money:



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