Joan Burton (Dublin West, Labour) | Oireachtas source

The third consumer credit issue was raised by Senator Paddy Burke. If one were to randomly ask young staff around this building for their view of car insurance universally that view would be that people are being fleeced and robbed. In terms of the cost of insurance in other jurisdictions close to us their outrage grows. Insurance costs here are extraordinarily high, although the companies are saying that costs are now levelling. I am not sure if the Chairman is aware of it but people who are renting - which is the case for many people now - are being charged very high fees by the insurance companies in respect of a change of address. The administration fee for this was previously approximately €20 but I am constantly hearing now that this fee has increased to €50 or more, which is an outrage in terms, particularly, of people who are renting. It is one of the hidden costs of renting. Has the CCPC reviewed the fee structures associated with insurance, which, as I said, are now very heavy and may be one the reasons the insurance bill has grown and become so inflated?