Dáil debates
Thursday, 12 July 2018
Insurance (Amendment) Bill 2018: Committee and Remaining Stages
7:55 pm
Michael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source
I want to get some clarifications to ensure that I am understanding this correctly. I refer specifically to customers of Setanta. Third-party claims will be paid. If someone had comprehensive insurance on a vehicle and was involved in an accident, would the customer be paid for his or her car if that customer had comprehensive insurance? Up to now, that was being paid at 65%. People have gone to the courts. I understand that litigation has been brought in some cases where the car driver was sued and had insurance in good faith. Are cases that have been adjudicated already at 65% or at the threshold of €825,000 paid or will it be sorted with this new Bill?
For people who had insurance with Setanta, where there were individuals or there might have been households which had paid out a considerable amount of money on insuring cars and vans and lost that money because they were told to get insurance somewhere else immediately, will they be in any way reimbursed for what they lost?
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