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

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source

If the mountain did come to Muhammad, given the amount of money paid out in claims, whether we like it or not we must cut to the chase on one thing, namely, that the book of quantum must be tackled. In England, a whiplash claim is worth £5,000 and it is worth €15,000 in this country. It was said that claims have not gone up but the problem is that only a certain amount of data are available. Most claims are settled without the amounts being made known. I have seen cheques myself.

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