Markets
2.1
Irish car insurance premiums rise 4% to €655 on higher damage claims
Published 2 d ago1 sourceEvidence: Reported
RTÉLow-rated sourceIE
Irish insurers are offering telematics-based policies that track driving habits, enabling young drivers to reduce premiums to under €1,000. This reflects a broader market trend toward usage-based insurance, potentially reshaping pricing dynamics in the auto insurance sector. The development is sector-specific and not macro-directional.
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