Car Insurance. Motor Insurance. CAR INSURANCE WATCH IRELAND rates best offers

Please SHARE this Car Insurance Watch Ireland website with other vehicle owners, it may save Irish people several Euros!!

Car Insurance

Car insurance is also referred to as auto insurance, vehicle insurance, motor insurance, or GAP insurance is insurance purchased for cars. It is purchased by car owners to provide financial protection against physical damage and/or bodily injury resulting from road traffic accidents and against liability that could also arise. The specific terms of ca insurance vary with legal regulations in each region. To a lesser degree car insurance may additionally offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from things other than traffic collisions.

Car and Motor Insurance Law in Ireland

The Road Traffic Act, 1933 requires all drivers of mechanically propelled vehicles in public places to have at least third-party insurance, or to have obtained exemption – generally by depositing a (large) sum of money with the High Court as a guarantee against claims. In 1933 this figure was set at £15,000The Road Traffic Act, 1961 (which is currently in force) repealed the 1933 act but replaced these sections with functionally identical sections.

Car Insurance and Motor Insurance in Ireland

 

From 1968, those making deposits require the consent of the Minister for Transport to do so, with the sum specified by the Minister.

Those not exempted from obtaining insurance must obtain a certificate of insurance from their insurance provider, and display a portion of this (an insurance disc) on their vehicles windscreen (if fitted). The certificate in full must be presented to a police station within ten days if requested by an officer. Proof of having insurance or an exemption must also be provided to pay for the motor tax.

Those injured or suffering property damage/loss due to uninsured drivers can claim against the Motor Insurance Bureau of Ireland's uninsured drivers fund, as can those injured (but not those suffering damage or loss) from hit and run offences.

Irish Car Insurance Excess

An excess payment, also known as a deductible, is a fixed contribution that must be paid each time a car is repaired with the charges billed to an car insurance policy. Normally this payment is made directly to the accident repair "garage" when the owner collects the car. If one's car is declared to be a "write off" , then the insurance company will deduct the excess agreed on the policy from the settlement payment it makes to the owner.If the accident was the other driver's fault, and this fault is accepted by the third party's insurer, then the vehicle owner may be able to reclaim the excess payment from the other person's insurance company.

What Irish Car Insurance Covers

Motor insurance in Ireland normally covers some or all of the following items:

The insured party (medical payments)
The insured vehicle (physical damage)
Third parties (car and people, property damage and bodily injury)
Third party, fire and theft
In some jurisdictions coverage for injuries to persons riding in the insured vehicle is available without regard to fault in the auto accident (No Fault Auto Insurance)
The cost to rent a vehicle if yours is damaged.
The cost to tow your vehicle to a repair facility.

Different policies specify the circumstances under which each item is covered. For example, a vehicle can be insured against theft, fire damage, or accident damage independently.