The insurance industry will later reveal the impact of losses they are suffering through motor premiums.
Consumers have been on the receiving end of rising policy prices in recent months, with the AA estimating they could jump 30% by the end of 2015.
The insurance sector is blaming a range of factors for the increase.
These include higher levels of claims, more people using the courts to seek compensation and low levels of reserves in the industry for the hikes.
2013 figures from Insurance Ireland showed losses of more than €200m for private car insurance.
Jonathan Hehir from coverinaclick.ie says there is another major issue they have to contend with.
"Fraud is massive...I think the figures are about €75 on every car insurance policy is towards fraud" he told Newstalk Breakfast.