Dáil debates

Thursday, 12 July 2018

Insurance (Amendment) Bill 2018: Committee and Remaining Stages

 

7:35 pm

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source

Could insurance companies be forced to absorb this rather than having the people out there paying insurance, which has gone up for different reasons? They seem to be getting screwed the whole time. As Deputy McGrath has pointed out, when the threshold is reached, is there something to ensure it will be dropped from 2% to 1% or zero? Is there a forecast from the Department? If the insurance companies are taking the brunt, will it be dropped? I have a fear as insurers currently love trying to saddle these things on motorists.

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