Oireachtas Joint and Select Committees

Tuesday, 19 March 2013

Joint Oireachtas Committee on Environment, Culture and the Gaeltacht

Property Insurance: Discussion (Resumed) with Irish Insurance Federation

3:00 pm

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

I do not know how the association arrived at that figure but from the telephone calls received and the surveys I have carried out, I see a very large number of people who cannot get insurance for flood cover. This means they cannot sell their home or purchase the one they want to because they cannot get a mortgage for it. Judging by the calls we get, the figure of 98% does not seem realistic. The figure from the Irish Brokers Association is probably much more realistic. From what period was the figure of 98% taken?

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