Q&A: Here's where Ireland's political parties stand on insurance ahead of GE2020

WITH THE GENERAL Election now less than a week away, TheJournal.ie has been asking each political party for their positions on a variety of issues affecting people across Ireland.

According to Central Bank figures, the average cost of motor insurance in Ireland has risen by 42% in the last decade despite a 2.5% reduction in the average cost of individual claims over the same period. At the same, businesses in a variety of sectors are struggling to meet the cost of insurance to keep themselves operating.Many of the assurances given by the parties fall along similar lines.

It also seeks “consistency in the calculation of awards at realistic level and also transparency on how premiums are calculated and claims are settled”.It said: “We are committed to bringing down the price of insurance and denounce the “rip-off culture” that the data suggests has been operative in the motor insurance sector for some years.”

Fine Gael: While not advocating a dedicated unit, Fine Gael reference work the gardaí would do on insurance in its manifesto. It said garda reform would mean every division in the country will soon have expertise in economic crime, including insurance fraud. All of the parties pledge to lower the cost of insurance for businesses, but a couple of them single out targeted supports.

Sinn Féin: It said it would aim to provide “stability to our small business and community/voluntary sector”.

There's no need for a referendum on insurance all that's needed is 2 strengthen the existing laws and give the courts increased powers as far as insurance fraud is concerned and have a section in the guards for insurance fraud

Don't make laugh,ribs hurt....anti fraud garda hahaha ouch

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