Written answers

Tuesday, 9 June 2015

Department of Transport, Tourism and Sport

Motor Insurance Coverage

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

1155. To ask the Minister for Transport, Tourism and Sport the measures he proposes to implement to deal with the high increase in motor insurance, particularly for young drivers; and if he will make a statement on the matter. [22082/15]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

While I am of course concerned with the recent trend towards increasing motor insurance costs, motor insurance is provided by private companies in an open and competitive market. Pricing is a matter for the industry and I have no role in the regulation of insurers. I am however confident that the continued implementation of the actions set out in the Road Safety Strategy 2013-2020 will, over time, lead to a reduction in road traffic collisions, fatalities and injuries which will further assist in reducing the cost of motor insurance. 

Consumers are always encouraged to seek a range of quotes and compare costs when renewing their motor insurance. The Competition and Consumer Protection Commission () publishes information to assist  consumers in purchasing motor insurance.

Comments

No comments

Log in or join to post a public comment.