Car Insurance

As a cyclist, this comes up regularly!

f**k sake 

Green Devil wrote: Ended up shelling out €3,000 (passed my full test eventually)  A 2 litre Jaguar probably didn't do me any favours but still it's madness to think insurance costs so much!

Got quoted 25% more than last year (without claims etc)
Lad on the phone said this is the norm in the market, is this true or is he talking pony?

Paid just over 700 for 3rd party fire and theft insurance. Was 540 last year. Was lucky to get it for 700 too. Shopped around and got quotes from 800-1000+.

I have a full licence 15 years and no points, full no claims bonus for donkeys years.

Then paid 600+ on tax.

Have the NCT in a few weeks which will no doubt set me back a grand when they find some reason to fail it.

It's not claims, anyway. The amount paid out in 2014 was 36% less than the amount in 2011, and I don't think it has come back up again.

It's related to their loss making in trying to gain market share by undercutting one another, plus the fact the MIBI had to take on the losses of Setanta Insurance. Not sure what the deal is with Quinn/Liberty as well and whether that is having an effect too.

Renewed mine last week. Was 620 last year and 980 this year.
I got a quote from every crowd I could think of. An post insurance beat the cheapest quote by €200. Definitely worth a call

eire77 wrote: Shedite wrote: 2% of your premium goes to paying off the debts of Quinn insurance every year until 2037! That may be true but what's also true is that since Quinn has left the market the insurance cartels have consistently and without valid explanation exponentially increased insurance premiums.

I'm starting to think the same. My renewal was up 40%. Other quotes were still 30% more and after an increase last year too. The levies for failed insurance companies are nowhere near this. It's easier to just jack up the policies than to investigate accidents and challenge costs. In fairness to Quinn, before he lost the run of himself, he spent money on staff to do this properly and reduce premiums.


Edited by Hickster74 - 09 Aug 2016 at 12:09am

How would people feel about giving their Facebook profiles to insurers to show you should be getting cheaper insurance (ie prove you're not a boy racer)....