Refusal to quote for motor insurance
The Minister said there is no agency to arbitrate insurance disputes, but the Department can assist and investigate specific allegations that insurers are refusing to quote.
Will the Minister tell the House if there is an agency to arbitrate on disputes between the public and insurance companies? Is the Minister aware that a number of companies are refusing to quote premiums? Is there an agency available that will insist on quotations being given in accordance with the licence issued to insurance companies?
Comment on this
As far as I am aware there is not any such agency, but people who have specific difficulties with regard to insurance are at liberty to contact my Department. If necessary my Department will be only too pleased to assist.
Comment on this
What steps will the Minister take if he or the Department are notified that companies are failing to or refusing to quote? That is a breach of their licence.
Comment on this
The question of the figure quoted is a matter for the insurance company but I am not aware of the situation described by the Deputy. If the Deputy gives me details of such cases I will be glad to have them investigated.