Car Insurance premiums are up yet claims are down

The key to reducing insurance premiums is reform of the Personal Injuries Assessment Board writes Geraldine Herbert There was a 35% drop in car-related claims in 2020 equating to a saving of around €287 million to the car insurance industry. Two national lockdowns since the beginning of March resulted in fewer people on the roads and a lower probability of accidents occurring. The insurance industry has long maintained that high...