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. Neil McDonnell:

Despite that, 70% of the claims, as the committee heard last night, are settled outside the Injuries Board system while 20% are concluded by the Injuries Board and 10% in court. The reason is that even at that level, a solicitor will come to one and say "You have broken your little toe and I will trump €16,100". If the solicitor gets anything in excess of €16,100, he or she will recover costs.

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