CAR INSURANCE PRICES felly by 5% between 2021 and 2022, according to a new report, following the introduction of new guidelines for settling claims outside of court.
The first-ever Private Motor Insurance Mid-Year Report of the National Claims Information Database (NCID) said that the average premium in the first half of last year was €578, a decrease of 5% from 2021.
Some 39% of claimants settled through litigation in the first half of 2022. Their cases represented 79% of the…
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