Motor insurance claims decline after introduction of anti-fraud measures

Motor insurance claims fell by 8% in the first seven months of 2018, a drop attributed to a decision by insurers last year to forward suspicious claims to the Authorities in Ireland.

Cost of policies

The organisation typically pays out between €55 million to €60 million a year in insurance payments, with fraudulent claims adding on average an additional €30 to €35 to the cost of policies.