Changing lanes on motor insurance

Customers are being hit with huge increases. Fianna Fáil believes it has the solution.

12th June, 2016
Motor insurance is the fastest rising consumer product Picture: Fergal Phillips

Last week, the CSO produced its monthly inflation report. While overall levels of inflation remain subdued in the economy, there are huge variations across the basket of goods covered by the survey. Over the last 12 months, home heating oil has fallen by nearly a quarter as consumers benefit from lower energy prices.

At the other end of the scale, motor insurance is now the fastest rising consumer product. It has increased by 35 per cent...

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