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National: 33% of drivers happy to have tracker fitted for cheaper insurance

written by Staff Writer April 6, 2023
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One in three Irish motorists would be happy to have a tracker fitted to their car if it meant cheaper car insurance.

A new survey of 1,000 drivers revealed a range of surprising driver experiences.

Half of motorists surveyed said they’d seen their vehicle insurance bill increase over the last year, despite official figures showing a fall in the average cost of motor insurance.

Costly insurance prices drove one ion four to say they’d be happy to undergo driver refresher training.

A further one in five (21pc) would be prepared to limit their mileage.

Paul Walsh, CEO of Peopl Insurance, who carried out the survey, said: “Despite the various moves made by the Government to try to reduce the cost of car insurance, it’s clear from our survey, not all drivers are benefitting from reduced insurance prices and indeed for many drivers, the cost of car insurance is increasing.

“While outside factors undoubtedly have a role to play in the increase experienced by some drivers. Not shopping around at renewal will always mean people pay over the odds for their premium.

“Loyalty to just one insurer doesn’t pay. You should always check if you can get a better car insurance deal at your local credit union.”

Around one in seven drivers (14pc) said their car insurance bill had fallen over the last twelve months while one in three (33pc) reported that their car insurance bill had “stayed pretty much the same”.

Women (56pc) were more likely than men (49pc) to report an increase in their motor insurance over the last year.

While 35 to 44-year-olds were the most likely to have witnessed a rise in motor insurance.

And six in 10 (60pc) of this age group reported a price hike over the last year, compared to 34pc of those aged between 18 and 24.

National: 33% of drivers happy to have tracker fitted for cheaper insurance was last modified: April 6th, 2023 by Staff Writer
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