Dáil debates

Thursday, 16 May 2024

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

1:00 pm

Photo of Brendan GriffinBrendan Griffin (Kerry, Fine Gael) | Oireachtas source

I wish to raise the rising cost of home insurance. Several people in County Kerry contacted me recently about soaring premiums. This is happening at a time when insurance companies are reporting soaring profits as well.

I accept there is inflation in terms of construction and the cost of replacing damaged properties. However, from what I have seen and the evidence that has been presented to me by people in County Kerry who are renewing their premiums, the rises far outweigh any inflationary pressures that would be on the insurance companies. Can this be addressed by the Government? It is putting undue hardship on householders.

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