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Number of people who were denied car insurance hit record high in 2016

Nearly 2000 people were not given a car insurance in 2016, which is the highest so far in Ireland. In 2008, just 53 were denied a car insurance.

Fianna Fáil’s finance spokesman Michael McGrath described this as a “dramatic and worrying trend”.

Rising cost of car vehicle insurance is the prime reason of insurance refusal. Many older drivers, younger drivers, people with an open claim, taxi drivers, returning emigrants and motorists with older cars are among those who have fallen out of favour with many insurance companies.

The Dáil will next week debate a Fianna Fáil motion on the need for greater action to tackle the escalating insurance premiums faced by motorists but also the hikes many firms are facing for insurance cover for their business.

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