Home / car insurance / Irish vehicle insurance premiums plunge with 14 per cent however campaigners tell the battle for fairer prices isn’t over

Irish vehicle insurance premiums plunge with 14 per cent however campaigners tell the battle for fairer prices isn’t over

as mentioned in CSO inflation figures display the Rate premium fell with 14 per cent final 30 days to €781 compared to August 2016’s €909 — the biggest down ever ever 2015.
PA:Press Association three vehicle insurance premiums saw their biggest down ever ever 2015Getty Images three AA RoadWatch tell When any down is good, the battle for reasonable premiums goes onLast month, the AA calculated which the Rate cost of running a family vehicle stood at €10,671, down €178 from 2016.
The recent reliefs come after the Irish Sun’s award-winning Give America a Brake insurance costs campaign.
But AA spokesman Barry Aldworth said which When it’s perfect news, we “can’t look at this as a crisis solved”.
Mr Aldworth told the Irish Sun: “We’re not quite there yet however any down such as this is perfect news.

as declared in

Government policy fuels height in vehicle insurance costs for young drivers

Car insurance costs for young drivers have rocketed over the past year as a result of controversial Gov. tax & policy changes.
Of which figure, vehicle insurance accounts for further than half of the cost, by youngsters forking out on Rate £1,354 for cover, an promote of 8%.
John Miles, head of motor at comparethemarket.com, said: “The value of insurance remembers the single biggest cost for young drivers by far & the cost of cover continues to height rapidly.”
In better news, despite the year-on-year rise, young drivers’ costs have dipped in the past 6 months.
Mr Miles added: “These past 6 months have seen the premier positive change for young drivers in a long time.

Senate leader: Mandated cut in car insurance rates is ‘dead’

as declared in LANSING (AP) — Any suggestion to automatically cut premiums for Michigan drivers would be “dead” on arrival in the Republican-led Senate, Majority Leader Arlan Meekhof said Wednesday, bringing into question lawmakers’ long-sought aim to enact great auto insurance changes.
“That’s value fixing,” said Meekhof, who declared the idea “dead” 3 times.
State law allows health care providers to charge much further for curing of auto hurts than other ones.
The insurance industry supports a fee schedule Determine in law similar to what exists for workers’ compensation injuries.
“Senator Meekhof has been a longtime champion of cutting vehicle insurance averages & it’s my wish which with the time we get to the Senate, we could reach licence on a outline which has his support.”

collected by :Olivia Mathio

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