Search Results for 'motor insurance policies'

Consumers anxious to help combat the cost-of-living crisis are shopping around for better value, with motor insurance the most common item for 67% of respondents to a new survey from Aviva Insurance Ireland DAC (Aviva).

As the Central Bank of Ireland’s new regulations to combat ‘differential’ pricing in motor and home insurance come into effect, Brokers Ireland said it is unfortunate that the regulations are limited and will not outlaw all forms of differential pricing, but only discrimination for reason of tenure.

In the interest of consumers the Central Bank of Ireland ought to have considered prohibiting all unjustified price differentials observed in the market, Brokers Ireland said in response to the most recent publication by the Central Bank of Insurance Regulations intended to combat differential pricing in motor and home insurances.

Motor insurers in Ireland saw their profits increase to a ten-year high in 2020, despite the majority of motorists being off the road due to Covid-19 lockdowns.