July 17, 2023
Industry must end rip-off increases to home insurance – Pearse Doherty TD

Sinn Féin spokesperson on Finance, Pearse Doherty TD has said that rip-off increases to home insurance must end.

His comments follow a warning by the Consumers’ Association of Ireland that premiums have jumped by almost 22 per cent in the last year.

Teachta Doherty said:

“I welcome the intervention by the Consumers’ Association of Ireland. Many homeowners will have been shocked by excessive increases in their home insurance.

“This is an issue that I have raised directly with the representative body of the industry, Insurance Ireland, in recent weeks.

“While the sector argues this is due to inflation, it’s hard to see how this would justify what are in some cases double digit percentage increases where customers haven’t made claims.

“This is happening at a time when households are already under huge pressure from the cost of living crisis. Mortgage interest rates, childcare costs, grocery bills and more are mounting up and families simply can’t afford another crippling cost.

“Homeowners feel ripped-off and they need to know that these high bills won’t continue.

“The Minister must intervene directly with the sector to ensure that costs come down to affordable levels without delay.”

Follow us online

Latest Tweets

Gardaí must be given all necessary support to end scenes of intimidation at Malahide Road – Pa Daly TD

"This is a community under attack from people determined to spread fear and hate. The community wants the mindless violence to stop immediately."

There are serious questions to be answered about the use of Shannon Airport. We're talking about potential complicity in Israeli genocide.

The time has come to impose sanctions on Israel's regime, which has been responsible for the deaths of up to 185,000 people @Farrell_Mairead

Cllr. Mícheál Mac Donncha condemns ‘deplorable’ violent criminal acts on Malahide Road

"This is an effort to spread fear and hate in our communities and the vast majority of decent people want nothing to do with it."

The next time a ball is kicked for the European Championship, it could be at Casement Park!

This is our time to shine on the global stage. Let’s make it happen!


Load More