Cost of motor insurance expected to jump next year

Two thirds of insurance brokers expect motor insurance premiums to jump by up to 20 per cent next year, according to new data.

A survey conducted by the Irish Brokers Association (IBA), to coincide with its annual conference at Dublin’s Croke Park last week, indicated that 65 per cent of brokers believe that motor insurance premiums will continue to climb, by up to 20 per cent, in 2016.

A further 10 per cent ...