Uninsured drivers and MIBI

DonJose · 10-02-2008 02:40PM #1

The Motor Insurers’ Bureau of Ireland (MIBI) has registered judgments totalling almost €850,000 against ten uninsured drivers, in a bid to recover payouts made after accidents, writes Kieron Wood.

The MIBI, which is funded by the insurance industry, pays out about €50 million a year to the victims of road accidents involving uninsured or untraceable drivers. The largest judgment registered in the latest batch is for €247,985 against Robert McLaughlin of Moville Road, Gleneely, Co Donegal.

http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=IRELAND-qqqm=news-qqqid=30345-qqqx=1.asp

Wishbone Ash · 10-02-2008 02:48PM

DonJose wrote: »

The MIBI, which is funded by the insurance industry

.... funded by us - there is a levy on each premium to cover it!

Mena · 10-02-2008 02:49PM

Wishbone Ash wrote: »

.... funded by us - there is a levy on each premium to cover it!

Around €45.00 per premium per annum I think.

Wishbone Ash · 10-02-2008 02:55PM

Mena wrote: »

Around €45.00 per premium per annum I think.

I thought it was 2%(?) of the policy cost.

Mena · 10-02-2008 02:57PM

Wishbone Ash wrote: »

I thought it was 2%(?) of the policy cost.

Fair enough, I was convinced I saw it here, but after re-reading the article there's no mention of it... Must be seeing things

Uninsured drivers and MIBI

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