Oireachtas Joint and Select Committees
Wednesday, 14 September 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Cost of Motor Insurance: Discussion (Resumed)
11:00 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I have two final questions. The first is for the Society of Actuaries in Ireland and concerns a bugbear of many people from whom I hear, namely, those who drive older cars and who are, they argue, very safe on the roads. They argue that they are probably safer on the roads than many others because some of these cars are very old and quite expensive. Perhaps the Injuries Board could also answer this. Have the witnesses seen any trends whereby those driving older cars - some insurance companies refuse even to quote them - are more at risk or have they seen more of a trend compared to the data? Do they have any oversight of that? Could the Society of Actuaries in Ireland explain why it believes that such drivers pose a greater risk than somebody who is driving a new BMW, a new Ford Galaxy or whatever?
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