Car Insurance

Saint Tom wrote: Shedite wrote: Saint Tom wrote: irishmufc wrote: Forgive my ignorance on this question but if it's illegal not to have car insurance, then why isn't there a Government funded alternative to private companies charging what they want or does that break some sort of trading type laws?  This. Car insurance not compulsory in new Zealand. Would sort the cartel out fairly quickly...  What would that sort out? There's an inunsured drivers fund in Ireland that pays out on cases. That's funded by all of us that do pay insurance. If we'd more uninsured drivers then either that fund would balloon, bumping premiums, or would collapse the fund meaning people would go bankrupt or into massive debt for claims. It would mean if you have an accident and it's your fault you pay for the damage you cause. Because it's compulsory and because its a cartel, they control the market and price fix. If it wasn't necessary theyd soon cop on.

Yeah but the uninsured drivers rarely pay the damage they cause, that gets loaded back onto the state and onto insurance premiums. Until we get scamsters like the 2 Army chancers in Galway this week dealt with properly there's still gonna be cases to be paid for

Up for renewal in May. Went shopping early last year and got a much better deal than the previous year.

Had hoped to get my test passed before insurance renewal was due in May but with everything going on my driving test been cancelled so facing into another year of high insurance payments was around €2400 this year as was on a theory license

nvidic wrote: ringerbell wrote: Had hoped to get my test passed before insurance renewal was due in May but with everything going on my driving test been cancelled so facing into another year of high insurance payments was around €2400 this year as was on a theory license They should refund you the difference after you pass, I got a refund when I did, don't remember how much mind

Yeah once your circumstances change your premium can be recalculated.

Car insurance came in today and they have increased it by 27e.

I wrote back to them explaining that I will not be renewing the policy etc...

Every single time this has happened, I have got better quotes elsewhere only for 123 to come back and match it.

Pathetic over 27e.

kevincronin2000 wrote: horsebox wrote: Car insurance came in today and they have increased it by 27e. I wrote back to them explaining that I will not be renewing the policy etc... Every single time this has happened, I have got better quotes elsewhere only for 123 to come back and match it. Pathetic over 27e. FFS my weekly millage must be down 80% over covid 19

This.
The amount of traffic accidents and therefore claims must be hugely down in the last fortnight, and will continue to stay down for the next 2 months at least.
Yet everyone still has to pay the full premium.
So anyone with a renewal date coming up soon should see a stagnation/reduction.
Any increases cannot be justified.

https://centralbank.ie/news/article/press-release-dear-ceo-letter-inusrance-covid19-27-march2020

horsebox wrote: horsebox wrote: Car insurance came in today and they have increased it by 27e. I wrote back to them explaining that I will not be renewing the policy etc... Every single time this has happened, I have got better quotes elsewhere only for 123 to come back and match it. Pathetic over 27e. Emails to\from these since I last posted. Eventually got it down to approx 383e

Not trying to be nosey horse but from how much if you don’t mind me asking ?