Oireachtas Joint and Select Committees

Tuesday, 13 September 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Rising Cost of Motor Insurance: Discussion (Resumed)

11:00 am

Mr. Joe Herron:

No, it will say: "We have done our duty. We have got you a quote." They can do nothing further. The problem really is that only three insurance companies are quoting. If one goes back two to three years, and certainly no more than that, they were offering special deals. If one moved from company A to company B, they would do it for less. Company B would do it for someone else for less than what I was paying, even though I had stayed loyal to them. It did not make sense to me, but they did that.

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