Mr. Michael Horan:

Some insurance companies have openly stated that they do not have a risk appetite and have explained why. In the case of other companies, I have seen commentary. The threshold varies between companies in terms of how old a given car is. Insurance companies compete with each other. They each have a portfolio of risk. They consider the cost of claims coming from the portfolio of risk and they charge their premium accordingly. They compete with each other. They do not all take the same attitude. That is why customers get such a wide variety of quotes when they are looking for a motor insurance quotation.