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Penalised for having an EU licence

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  • 09-07-2005 9:58am
    #1
    snaps
    Registered Users Posts: 7,138 ✭✭✭


    Seems this year that insurance companys are adding over €100 per premium for drivers with an EU full licence. I have been driving for 8 years in Ireland with a full UK licence and my insurance has gone up €100 this year. Been looking around and apparently on official websites, Insurance companys have to reconise EU licences. Another example of Ireland being Irish when it suits them and European when it suits them?


Comments

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    #2
    bp_me
    Registered Users Posts: 1,648 ✭✭✭bp_me


    Insurance is unpredictable. Your licence may not be the only reason for the rise. There are a lot of factors involved......i.e. your age, age of your car, etc, etc, ad infitum


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    #3
    MojoMaker
    Registered Users Posts: 4,610 ✭✭✭MojoMaker


    My insurance went up €100 this year as well, and I have an Irish licence. Stow it snaps.


  • Options
    #4
    snaps
    Registered Users Posts: 7,138 ✭✭✭snaps


    What it seems to be is the new penalty points discount thing. If you have no points you get a 17.5% discount on your premium. Its not actually a discount, You just end up paying the "Normal" amount, e.g like your last premium last year. So what they seem to be doing is putting all premiums up by this 17.5%, then when you declare you have no points they deduct it again to your proper rate. They are cunning the way they are advertising this as a "DISCOUNT", which really is not true. Surely a discount would be 17.5% of my last premium? I have a UK licence so points cannot be added to it in Ireland, Thats why they have increased my premium this year.


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