Thursday 19 October 2017

Shane Phelan: Ten reasons we're all now paying more for our motor insurance

Helen Dixon said the insurance sector was given particular attention (Stock image)
Helen Dixon said the insurance sector was given particular attention (Stock image)
Shane Phelan

Shane Phelan

Much of the debate over rising motor insurance costs has been taken up with the Punch and Judy row between insurers and the legal professions over the cost of claims.

Lawyers say legal fees have come down considerably but this is disputed by insurers, who say high legal costs are adding to premium hikes.

While these arguments may have hogged the headlines, they are just two of at least 10 potential factors which need to be examined.

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