Ireland has some of the highest in Europe for both consumers and companies. The government introduced new legislation forcing insurance companies to clearly show the premium rates from the previous five years when offering a quotation to renew our policy. That looks and sounds like good transparency and gives consumers and companies options.
But a report from the insurance brokers Insure My Cars.ie, says it is leading to inadvertent complacency and consumers aren’t shopping around enough. For more on this Joe was joined on the show by Jonathan Hehir from Insure My Cars.ie.
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