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Buying motorbike insurance outside of Ireland

  • 28-12-2007 4:41pm
    #1
    RATM
    Closed Accounts Posts: 3,591 ✭✭✭


    Hi Ive heard with the EU common market it is possible to buy insurance from brokers anywhere within the EU. Is this true ?
    If so has anyone done it, is it troublesome to claim and did you save much ?
    please reveal all, Id do anything to give two fingers to the Irish Insurance Industry:D


Comments

  • #2
    KTRIC
    Closed Accounts Posts: 9,463 ✭✭✭KTRIC


    :D

    Not a chance matey


  • #3
    Dubit10
    Closed Accounts Posts: 609 ✭✭✭Dubit10


    You should but like everything else in Ireland we are screwed due to illegal goverment ****. Eg: VRT


  • #4
    RATM
    Closed Accounts Posts: 3,591 ✭✭✭RATM


    I was sure I read a post about it here about 6 months ago but Ive searched and cant seem to find it now.....I thought it was possible if you are willing to transcend the language barrier ( which I am )

    Doesn't it seem ironic that we live in the EU "Common Market' and that an Estonian company who sent yellow pack workers to renovate Swedish schools ( and refused to recognise local minimum wages agreements ) is found legal and at the same time the little man cannot go abroad within the EU to find an alternative insurer ? Seems this Common Market is nicely set up for large corporations but Joe Soap on the street pays the price so local insurance companies can keep ripping us off.

    I know which way I'll be voting in the EU referendum, its just a pity a majority won't be able to see through the smokescreen.


  • #5
    FiSe
    Registered Users, Registered Users 2 Posts: 821 ✭✭✭FiSe


    EU should provide open market in sence, that Irish insurance market should be open to any abroad based ins. company to operate on it. But there's always this frase like "fulfilling legal requirements" or something, which basically means, that Irish insurance market is pretty closed and there's no way, under current legislation, to be open competition within industry.

    It is similair with car/bike purchese. You should be able to buy a new motor in any EU state and bring it over here without any penalisation. Unfo, we are paying a hefty fine for living in this country. :cool:


  • #6
    Del2005
    Registered Users, Registered Users 2 Posts: 19,099 ✭✭✭✭Del2005


    Also there are only a small amount of re-insurers, these are the big companies that insure the likes Quinn/AXA/Hibernian etc. The price charged in this country is based on the statistics for this country. So if an insurance company from another EU country came in they would have to charge roughly the same price. They might be cheaper for a year or two but would soon be charging the same price.


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  • #7
    Dorsanty
    Registered Users, Registered Users 2 Posts: 535 ✭✭✭Dorsanty


    I thought the idea is that 'we' consider the insurance costs in Ireland to be inflated and therefore if we could insure with more companies then the competition would drive prices down to a more acceptable level.


    I myself recently moved to Quinn in order to get fully comp cover for half the cost my current insurer quoted me. Really wanted to get off TPO cover. So for €200 more then AON wanted to give me TPO, Quinn gave me Fully comp. Madness!


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