Grants for hardship

duberry

Car and property insurance companies should not be allowed to increase fees due to flood and storm damage, as has happened and will inevitably happen again. We are being gauged by them. As the government has found funds to assist those who have had the misfortune to suffer from the recent floods, the inevitability of price hikes from the insurance companies will put all of us under more financial pressure.

Funds could be made available to make sure we are safeguarded from this.

JVince

Eh?

Do you know how insurance works?

In Ireland, car and home insurance is amongst the LOWEST in Europe. Massively lower than the UK (including Northern Ireland)

That's why sinn fein don't bleat about it because they know Ireland comes near the bottom of the table for insurance cost whereas Northern Ireland, where sf is in government,is near the top.

My house insurance this year is just over €400. Same rebuilding cost (550k) and same contents (80k) in the UK in a similar area comes in at over £800 for the lowest quote.

Government hasn't just brought in the hardship fund - it's been there for years

coylemj

As the government has found funds to assist those who have had the misfortune to suffer from the recent floods, the inevitability of price hikes from the insurance companies will put all of us under more financial pressure.

What are you talking about?

L1011

https://www.boards.ie/discussion/2058432170/grants-for-hardship

If they aren't allowed charge for the risks, they will simply refuse to insure at all.