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Insurance Laws In Ireland - Business - Nairaland

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Insurance Laws In Ireland by StephenMoore: 11:53am On Dec 06, 2012
Hello all,

The Equal Status Act of 2000 allows for different motorists to be charged different rates for the same coverage. Factors such as the age of the driver, the size and age of the car, and the driver's accident history are taken into account when determining rates.

As younger drivers are statistically more likely to get into accidents, they usually cost more to insure. Smaller, less powerful cars are usually cheaper to insure. If you live in a big city where damage is more likely to occur to your car, you may also be charged more.

Thanks a lot
Stephen Moore


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