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Motor Insurance Data

Dáil Éireann Debate, Thursday - 17 May 2018

Thursday, 17 May 2018

Ceisteanna (69)

Michael McGrath

Ceist:

69. Deputy Michael McGrath asked the Minister for Finance the number of motor insurance policies entered into under the declined cases agreement in each month in 2017 and to date in 2018; and if he will make a statement on the matter. [21880/18]

Amharc ar fhreagra

Freagraí scríofa

As the Deputy is aware, under the terms of the Declined Cases Agreement (DCA), which is adhered to by all motor insurers in Ireland, the insurance market will not refuse to provide insurance to an individual seeking motor insurance if he or she has approached at least three insurers and has not been able to obtain cover from them.

I am not responsible for the operation of the DCA and therefore I do not have direct access to the number of motor insurance policies entered into under the DCA process in 2017 and 2018 to date.

However, in order to be as helpful as I can, my officials contacted Insurance Ireland seeking the DCA application figures. In response, Insurance Ireland provided statistics on the number of cases it dealt with in 2017 and Q1 of 2018. In relation to these cases, Insurance Ireland has informed my officials that all applications submitted were accepted by Insurance Ireland for processing under the DCA. It has also stated that a quotation was secured for every applicant.

The month-by-month figures for 2017 are:

Month

Total

January

113

February

109

March

126

April

139

May

147

June

155

July

136

August

129

September

121

October

104

November

86

December

58

In relation to quarter 1 of 2018, there were 322 applications. I am informed that the month-by-month figures for Q1 and the figures for April will be available shortly.

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