Dáil debates

Thursday, 30 November 2017

Other Questions

Motor Insurance Regulation

11:50 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

No cases have been brought to my attention relating to taxi drivers whose insurance has increased by such an amount that they have gone out of business. If the Deputy is aware of individual cases, I ask that he tell me and I will take up the matter. If someone has not had an accident, or there is no obvious reason that his or her premium should increase, I ask that the Deputy make me aware of it and I will take it up on his or her behalf.

I am aware of an important facility for young drivers which is not commonly known. One company, AIG, gives young drivers the opportunity to place a black box-type device into their cars. It provides information about where the car is, how fast it is driving and how it is being driven. AIG's premiums are around half that of the average of other companies, but drivers must know that if they drive irresponsibly, their premiums will be withdrawn. AIG has removed insurance in some 18 or 20 cases. The opportunity is there, however, and it is half the cost of other companies for young drivers. It is a good idea for young drivers, if people are prepared to take it up. I am raising it here, although perhaps I should not-----

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