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Quinn Direct Service Charge

Gloomtastic! · 2011-11-02 21:14:35

Just had my renewal notice through for house insurance and Quinn have added a service charge which they say is 'statutory'. Is this just a way of hiding increased premiums or is it kosher?

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02-11-2011 10:14pm

#1

Gloomtastic!

Registered Users Posts: 8,365 ✭✭✭

Join Date: January 2010

Posts: 8072

Just had my renewal notice through for house insurance and Quinn have added a service charge which they say is 'statutory'.

Is this just a way of hiding increased premiums or is it kosher?

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#2 02-11-2011 10:22pm
P_1

Registered Users Posts: 14,681 ✭✭✭✭

Join Date: November 2006

Posts: 14428

Sounds like its kosher alright, they can charge pretty much what they want for their service.

Could be removable at the agents discretion if you make an issue of it over the phone though.

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#3 02-11-2011 10:25pm
oldyouth

Closed Accounts Posts: 4,754 ✭✭✭

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The 3% Govt. Levy is statutory. Any interest charge for direct debit or service charge is not. They are additional charges by the insurer, though not easily avoided.

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#4 02-11-2011 10:29pm
broker2008

Registered Users Posts: 750 ✭✭✭

Join Date: January 2008

Posts: 735

Quinn also charge 3% on health insurance plans. VHI & Aviva do not. This charge should always be factored in the overall price.

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