Insurance Coverage

Dáil Éireann Debate, Wednesday - 15 June 2022

Wednesday, 15 June 2022

Ceisteanna (4)

Bríd Smith

Ceist:

4. Deputy Bríd Smith asked the Minister for Transport if motorists involved in an accident with an uninsured or undetected vehicle will be covered by an organisation (details supplied) for damages caused to their vehicle and or injuries suffered by passengers; the legislation or regulations that decide the particulars which are and are not covered in such circumstances; the plans, if any, that his Department has to amend such regulations; and if he will make a statement on the matter. [31346/22]

Freagraí scríofa

Minister of State at the Department of Transport

Established in 1955, the Motor Insurance Bureau of Ireland (MIBI) is a non-profit-making organisation registered in Ireland. All insurance companies underwriting motor insurance in this country must, by law, be members of MIBI and contribute to the funding of claims in proportion to their market share.

The principal role of MIBI is to compensate innocent victims of accidents caused by uninsured and unidentified vehicles. This is regulated under the terms of an agreement between MIBI and the Minister for Transport, details of which are available on the Department's website. As is the case with all insurers, MIBI processes each claim on an individual basis and I, as Minister, have no role in the determination of specific cases.

My officials have been engaging with MIBI on a review of the current agreement. I am confident that an updated agreement can be in place before long.