Sinn Féin spokesperson on Finance, Pearse Doherty TD, has launched a survey of people’s experiences with insurance premiums.
Deputy Doherty said the survey arises from concerns that the insurance industry is not passing on reductions to customers after new guidelines were issued to reduce the cost of claims.
A landmark decision to decrease payouts for minor injuries came into force last month, with many insurance companies saying that the measures would have an impact on costs early in the second half of this year.
Teachta Doherty said: “I’ve been battling to end the insurance rip-off and I want to know if your premium has been reduced or if it remains too high.
“If you have received a renewal quote since 24th April 2021, let me know your experience. Fill out my survey, take a stand and help end the insurance rip-off.
“For far too long, insurance companies have been ripping off customers with sky high costs that aren’t fair, while the government simply turns a blind eye. This needs to stop and I’m determined to hold the insurance sector to account and stand up for customers.”