Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Deputy makes a very fair point. We have had bad experiences with insurance companies back as far as PMPA and more recently Quinn Insurance, Setanta and various other ones we could mention.

It is certainly a situation of caveat emptorwhen one is taking out insurance because the lowest premium does not always come from the best insurer.

See this speech in context