What's being done to lower the cost of car insurance?

What's being done to lower the cost of car insurance?

The Government has launched the latest public consultation on insurance reform, part of a new action plan on insurance, aimed at encouraging competition in the market and with the goal of bringing premium prices down. Our Consumer Affairs Correspondent Aengus Cox looks at if this is working.

Car insurance policies, here's how much they increase and why. Ivass Report

After seven years of decline, car insurance premiums have started to rise again. What emerges from the latest IVASS report After seven years of declines – in the period 2014-2021 – since 2022, Motor TPL premiums have started to rise again, following the trend of inflation, albeit a few months later: the overall increase in the average premium paid in July 2024 compared to January 2021 is 12.6%. This is what emerges from the latest Ivass Notebook…