From €593 To €1,413 In A Year



Brian Dempsey tweetz:

There is something seriously rotten in the insurance industry when a premium can increase from €593 to €1,413.34 including a full 50% no claims discount worth €1,782 & a full 27% penalty point discount of €505 from Aviva…


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62 thoughts on “From €593 To €1,413 In A Year

      1. Increasing Displacement

        Rubbish, I went from a 700 euro car to a 27000 euro car and my premium was the same

        1. fFs

          +1 Rubbish. There is supposed to be a higher premium for cars over 10 years old so the price should have actually dropped upgrading from the ’06

    1. Nilbert

      much of the time a newer car is cheaper to insure, because it is more reliable and can have additional security features. I went from a 10 year old 1.4 litre engine to a 2 year old 2 litre engine and saw a reduction in my insurance.

    2. Jonner

      the bigger risk is that which can be done to a person with the car rather than damage to the car.

      increase is not reasonable.

      insurance companies trying to change risk profile will load certain people. some take it, some leave.

      ring around for best value. 1 hours work could save you €1000+

  1. Fionn

    He changed his car.
    Yes, it is a significant hije.
    But it would be a fairer test of an insurance hike if the car was the same type and year.

  2. BS

    What ever happened to the investigation by the competition authority into cartel like behaviour in the Irish insurance industry? Aviva offices were raided. Then it all went quiet.

    It’s time for the government to step in and introduce 3rd party insurance included in either motor tax or fuel prices.

    The body that sets the insurance prices and the insurance companies are clearly involved in price fixing to maximise profits.

    There’s also the problem of massive claim payouts for absolute nonsense claims, especially popular seems to be “my kid hurt himself in your restaurant/swimming pool/play area etc” and they get tens of thousands

  3. scottser

    same as me. insured the last 10 years with 123 and they hiked my insurance up 150 bucks. ‘why’? says i. ‘the market’ says they. ‘not worth it’ says i, ‘i’ll have a look around’. my car is 20 years old and no-one would touch it so back i goes to 123 who won’t touch it either as i’m now a new customer. i can’t even get classic car insurance on it – you have to have a policy out on another car first.
    ‘the market’. about two weeks after i had that conversation they issued the report outlining their massive profits. liars and gougers is all they are. if insurance is compulsory then the state should regulate it, full stop.

    1. Qwerty123

      Its not theft they are worried about, its all the fraudulent claims if you tipped someone.

      1. Anomanomanom

        Yet even with the “massive amount” of fraudulent claims, Insurance industry as whole made monstrous profit.

        1. Qwerty123

          Can you send me the results of the Irish portion of these monstrous profits? I cant find how the Irish arms of these companies are doing

    2. The Old Boy

      Have you tried a broker Scottser? They can be surprisingly good for insuring older motors.

      1. scottser

        i did indeed OB, the car is NCTd and even so they’re looking for about twice the usual premium.
        i may as well scrap it. shame too – it’s a proper munich-built bmw, built like a tank and runs like usain bolt.

        1. Spaghetti Hoop

          Young drivers are finding this frustrating too. They want to buy a starter car NCT’d for a year or two – but insurers won’t touch them or the car. Getting on the road here is just as difficult as getting your own place. No wonder there is so much emigration.

  4. Ron

    The great Irish insurance industry rip off. In other properly functioning countries the people wouldn’t allow that to be done to them.. Secrecy around the level of claims versus premiums/profit.. Almost as sneaky and corrupt as the political faeces that sits in Leinster House.

  5. edalicious

    While I think we can all agree that we’re being absolutely shafted by the car insurance companies, you can’t really change to a newer car with a bigger engine and then complain that they’ve put your insurance up.

    1. edalicious

      BS, why am I on the naughty list? I’ve been on it for the last few weeks for absolutely no reason whatsoever.

  6. kellMA

    The car is a newer car with a higher replacement value. An 04 reg is probably worth about 2-4K and a 14 reg would be considerably more.
    I changed my car from an 05 to a 18 and my insurance went up from 380 pa to 720. Relatively speaking this hike does seem a little high. I would have thought about 1100-1200 would be “fair.”

  7. Ian-O

    Seriously though, shop around. I use a crowd called and I drive a 2.0 litre petrol car, 5 year old, fully comp including windscreen cover, roadside etc for…..


    I have no penalty points (6 in total over the years, none since maybe 2012/2013, no claims one way or the other am mid 40’s, perfect eyesight, no health problems, live in Country Dublin, own garden to park overnight etc and I use a pool of company cars (or taxis) if I need to drive for work.

    Cannot remember exactly what Aviva or some of the other larger outfits offered me but it was in or around €1000 which makes no sense at all?

    1. Hank

      Yep, I’ve been with 25plus for the past 2 or 3 years. Couldn’t find anyone who could match them pricewise and it’s a very good level of cover

  8. Qwerty123

    Every day, like every day, there are hundreds of large payouts given rightly or wrongly by the courts. The initial PIAB awards should be enforced, but nobody settles for these and goes to court, where on top of the award they have to pay legal costs which might similar in value to the claim itself.

    We end up paying, one way or another. It s scam and the insurers are passing on these costs to the majority of non claiming customers.

    Although the above is a bad example, as it is a much newer more expensive car, it is still a valid complaint.

    Their need to be a product offered for basic 3rd party cover.

  9. Murtles

    The fact that the European Commission have launched a formal probe into claims of a cartel operating here speak volumes. We’ve known and shouted about it for years and thankfully something is been done. It is the EU Commissioner Margrethe Vestager (who forced Apple to pay the State €13bn in back taxes, which we’ve yet to see cause the politicians are saying no keep it) who is conducting this probe and she’ll take no crap. Don’t expect an immediate benefit or reduction but hopefully from next year onwards our pockets won’t be as empty.

    1. Hector Ramirez

      And the escrow account that the Apple money is in has decreased by €16m due in part to negative interest (less said about the banks the better)

      So if apple wins the case who is gonna stump up the 16m to pay them back their money?

      1. Cian


        If Apple had this money in the bank they would be getting negative interest too.

        If this fund makes a billion Euro, then the winner will.get the original 16bn + 1bn.
        If this fund loses a billion Euro, then the winner will.get the original 16bn 1bn.

    2. eoin

      The EC probe is very narrow indeed and appears to be limited to the use of a shared database.

      However, as limited as the EC probe is, it’s better than our domestic response as we’ve just sat on our hands in the past five years as premiums have gone up 80%.

      Truth be told, what’s now needed is a (well-run, this time) Quinn Insurance 2.0

      1. Rob_G

        “Truth be told, what’s now needed is a (well-run, this time) Quinn Insurance 2.0”

        I find this statement a bit bizarre, as Irish insurance customers will be paying for Quinn 1.0’s dodgy practices for another 20 years…

  10. Kerryview

    Aviva are very knowledgeable – they even know about ‘break horse power’.

    1. Ian-O

      @kerryview – *Snigger*

      Missed that one, good spot!

      What is that, anyway, output from a horse gone to the knackers yard?

      : )

    1. Spaghetti Hoop

      Lol. Tip of advice – never buy a CN car and drive it in Dublin. Unless you actually WANT to talk to country & western fans.

  11. blahblahblah

    Thats an insane hike, but do a Google of what a 141 Audi A5 TDI looks like.
    What did he expect to be charged for a car like that in our current insurance market?

  12. class wario

    Insurance companies here are gougers and have got the media and public on their side in using spurious PI claims as a fig leaf for their behaviour.

  13. Joe

    The lack of insurance industry regulation by Fianna Fail/Fine Gael, (FG’s bullpoo mantra is “shop around” while happily allowing citizens to be fleeced by an unregulated industry operating a cartel scam) is a disgrace but quite typical of FFG and their refusal to interfere with market forces as long as it only impacts and robs ordinary decent tax payers.

    The insurance scam industry have extraordinary record profits again this year even they moan about supposedly high payout claims being made.

    “Dáil told insurance profits have jumped more than 1000%, but government says it’s being ‘as aggressive as it can be’ Sinn Féin’s Pearse Doherty said customers are being ‘fleeced’ by insurance providers.
    “Doherty said customers are being “fleeced” by insurance companies, with many SMEs being put out of business as a result. “This industry is fleecing its customers,” he told Minister Richard Bruton, who took Leaders’ Questions today. ”

    Any other country would investigate the scam and regulate the industry but with Fianna Fail/Gael in government, not a hope!

  14. Hector Ramirez

    A couple of years ago I had a 99 Carolla. In 2015 the insurance quoted for renewal went from 600 to 1200… full no claims bonus, no change of car, no penalty points, no justification.

    Insurance in this country is a licence to print money. No level of risk whatsoever.

    1. Rob_G

      Cars over a certain age are often purchased by certain… communities… for use in whiplash scams, so cars fitting this profile end up with extra loading.

  15. $hifty

    There’s an awful lot of personal information displayed in that photo, maybe redact some of it before uploading it again? I can discern name, address and car reg number and make/model from this, not sure I’d be happy with having those details out in the wild

    1. Ian-O

      Well fupp me pink. All this time I thought it was due to inefficient/neglectful regulatory bodies, inept politicians, fraudulent claims, industry cartel behaviour and downright greed but it seems its all down to dead country drivers.

      Who knew?

      : |

  16. Brian Dempsey

    Thanks for all the above comments. For the record I moved from a 1.8T with 174bhp to. 2l TDI with 176bhp both were automatic. The value of my last was €5,000. The value of this is €18,000. I paid €50 extra on my premium when I purchased it in February 2019 to cover the difference of Feb, March, April, May and half of June. I have a full No Claims Bonus and no penalty points. The car is parked off street in a driveway at night and private car park for work. Not only was it increase by c. €1,000 that included various ‘make believe’ reductions from my NCB and lack of penalty points. Unfortunately until me speak out we will all be ripped off for insurance and it is a cartel business, a monopoly, unregulated and secretive at the least tolerated by us and facilitated buy our government who happily allow price increases across all sectors once we don’t demonstrate against it or them.

  17. Termagant

    I have a colleague with a 28 year old son who was trying to get driving for the first time. Forget the cost of insurance – no one will insure him because he’s 28 years old with no insurance record. Apparently that’s a red flag. Pair that with a general rule of thumb that if you’re under 25 you’re going to pay through the nose, mouth and arse for insurance and you’ve only really got a 3 year window in which you can reasonably get insured in a car. And that’s still just reasonable by Irish insurance standards, which is unreasonable in any sane place.

    1. kellMA

      60K!!! That seems very excessive to me. I’m sure the tingling etc will magically disappear once the cheque clears into ther account too…… I just cannot believe she was given 60k for that. Unreal…

    2. Rob_G

      Just a note – the headline is a bit misleading; she was suing them for €60k, the settlement is presumably a bit less than that.

      And I know that compo culture has gone mad and everything, but if I was at work and fell from a height as a result of instructions from someone who was supposed to be guiding me, I would possibly sue, also…

      1. Termagant

        She wasn’t at work, she was attending a drama course

        And she didn’t fall from a height, as I parse it, she fell over from a standing position to an on the floor position and bonked her head against something as she was falling over

        And it’s not like being told to get up a rickety ladder which then collapses underneath you, under normal circumstances there is no reason why a dramatic collapse onto the floor should be reasonably considered a likely outcome of taking a step backwards.

  18. Mick

    No defending this. We need an anti insurance march and a national strike of all payments for every type of insurance for a month.

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