Tom Morrissey (Progressive Democrats)

Insurance was mentioned again this morning, an issue that has been raised in this House many times. The comments by the Tánaiste that people should shop around have been widely remarked upon in the media. Good news should also be put on the record. For the past couple of years, for small businesses, the arrival of a renewal notice heralded higher prices. This morning, however, my renewal notice arrived and the cost has been reduced from €16,000 to €9,900 as a result of shopping around. Instead of waiting for the Government to act, we can shop around and it will lead to cheaper policy costs. I reduced my car insurance this week from €1,310 to €868 by shopping around. All Members should advise the public to shop around.