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Dáil Éireann debate -
Thursday, 23 Nov 1972

Vol. 263 No. 13

Ceisteanna—Questions. Oral Answers. - Motor Insurance.

170.

asked the Minister for Local Government the changes likely in motor insurance policy requirements after this country's entry into the EEC.

The only change currently at issue is that, in accordance with directive No. 72/166 of the 24th April, 1972, and the transitional period negotiated, all motor insurance policies are to give Community-wide cover for third party risks from 1st January, 1974.

Would that involve any increase in the rate of the insurance premiums, given that the coverage will be larger?

I do not think it should. I can only give the Deputy my own opinion and I do not think it should involve any increase.

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