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Doherty's blast as car cover jumps by 9%

Irish Daily Star

|

November 01, 2025

MONEY ministers are being slammed for allowing insurance companies to make “eye-watering profits”, as car cover has jumped by 9%.

- BY CIARA O'LOUGHLIN

Despite promises by successive Governments to bring rates down, the average price of motor insurance was up 9% between 2023 and 2024, according to new Central Bank figures.

The average price of insurance is now €623, up from €571, as the average expected cost of claims per policy increased by 3% to €397. This is the highest it has been since 2014.

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