Monday 24 July 2017

The debate is full of red herrings - and without robust data, reform is stalled

Motor insurance is compulsory so that the genuine seriously injured
can be compensated when an accident is caused by someone else’s negligence. Stock photo: Depositphotos
Motor insurance is compulsory so that the genuine seriously injured can be compensated when an accident is caused by someone else’s negligence. Stock photo: Depositphotos

Dorothea Dowling

It took 10 years of hard work by a wide range of people to reduce the cost of motor insurance by 40pc from the time of the Motor Insurance Advisory Board's (MIAB) report in 2002 to the level reflected in the CSO index at year end 2013.

Since then it seems those savings have been squandered.

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