New figures show the cost of cover for a car rose by 7.4pc in May when compared with last year. ; It was the ninth consecutive month that the cost of motor insurance has risen. ; The rate of increase in the cost of motor insurance compares with the general rate of inflation of 2.6pc in May. ; Figures from the Central Statistics Office (CSO) show that inflation in May was unchanged from the rate of increase in April.
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Revolut is introducing car insurance for Irish customers.A spokesperson for the company has said it will be a ‘hassle-free user experience’.
Despite intense pressures on consumers’ finances – particularly in NI where, in addition to elevated inflation, car insurance premiums increased by almost 40% in 2023 – fully comprehensive cover re...
First Ireland provides a range of car insurance options for different drivers, featuring competitive rates and comprehensive policies for secure driving.
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THE auto insurance industry is to become more transparent. The spokesman added: “This was seen as key to developing an understanding of how claims costs are having an impact on premiums, and understanding the relationship between the price paid by a customer for motor insurance and the cost to insurance undertakings.” · It’s expected the data will be published annually by the Central Bank of Ireland. It will identify current and emerging trends within the market, the factors that drive movements in insurance prices and the number of clai ...