Following the publication of a report by the Financial Regulator, which show that male drivers between 17 and 20 on a provisional licence pay almost €4,300 each year, the National Youth Council of Ireland has accused motor insurers of robbing young drivers, by charging them exorbitant prices for motor insurance.
Despite claims from the insurance industry that premiums have fallen sharply since 2002, the report shows some young drivers were paying more in 2005 for their insurance premiums than they were in 2002.
The council has called for Government action to reduce the cost to young drivers.
Source: RTE News
Like that’s going to happen, or at least not for another few years.
Every year we have to call around few insurance companies to get the best quote, and sometimes we do but there is always a catch.
Either no windscreen cover, the “Excess” is too high, No Protected “No Claims” Bonus, etc…
Why can’t the current insurance company that you are with at the moment, appreciate your custom and loyalty, offering you the best possible price?
