« BackIrish motorists face 40 per cent hikes in car insurance premiums

car-tire-1031579_960_720 (1)Irish motorists are facing 40 per cent hikes in their car insurance premiums.

The average cover has increased to 970 euro, and it’s expected that drivers will have to pay an additional 15 per cent by the end of 2016.

According to reports in the Irish Daily Mail, the increases are down to steep compensation payouts, fraud, uninsured drivers, and collapsing insurance companies.

Meanwhile, it’s emerged a Government taskforce set up to address the high costs of policies has met just once.