Advertisement

"For 2020 the premium was €1,123 but I was quoted €4,300 for this year" Small businesses face insurance hikes

It has been a tough 18 months for businesses across the country as they went in and out of lockdo...

Share this article

13.38 17 Jun 2021


"For 2020 the premium was €1,123 but I was quoted €4,300 for this year" Small businesses face insurance hikes


Listen to this episode


Share this article

13.38 17 Jun 2021


It has been a tough 18 months for businesses across the country as they went in and out of lockdowns.  

Could small businesses be facing more challenges with their insurance premiums due to pandemic claims?  

Damien Langan, owner of Langan’s Home and Garden Centre in Belmullet in Mayo and Jonathan Hehir, Managing Director of CFM Group Insurance chatted about the issue. 

Damien's insurance premium in 2020 was €1,123, but he was quoted nearly €4,300 for this year.

Listen and subscribe to Lunchtime Live on Apple Podcasts, Google Podcasts and Spotify.

    

Download, listen and subscribe on the Newstalk App.

  

You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.


Read more about

Business CFM Group Insurance Damien Langan Garden Centre Insurance Jonathan Hehir Mayo Premiums Small Businesses

Related Episodes

US to meet with Denmark this w...

00:15:06

US to meet with Denmark this week over Greenland

The Hard Shoulder

00:15:06


Who picks the movie in your ho...

00:09:29

Who picks the movie in your household?

The Hard Shoulder

00:09:29


Do we need an overhaul of Irel...

00:13:05

Do we need an overhaul of Ireland’s asylum system?

The Hard Shoulder

00:13:05


What is ‘longevity fixation sy...

00:07:31

What is ‘longevity fixation syndrome’?

Moncrieff

00:07:31