Timely warning on Courts Bill and rising cost of car insurance
THE cost of car insurance has for decades been the scourge of the average motorist. But in recent years a modicum of fairness has crept into the equation as reforms, which included the introduction of the Personal Injuries Board, these days called the Injuries Board, helped bring premiums down.
Now the Injuries Board chairwoman, Dorothea Dowling, has sounded a warning note in a story brought to us by this newspaper's personal finance editor today. In summary, the scenario appears to be part of the dreaded law of unintended consequences.
The Courts Bill 2013 will increase the financial ceiling on cases that can now be dealt with by the District Court and Circuit Courts. In the case of the Circuit Court, the upper limit will go from the current €38,000 to €60,000 for personal injury claims, and €75,000 for other claims.