Cavan insurance claims drop
Measures to reduce fraudulent claims have seen County Cavan insurance claims numbers drop by a third. A survey from Motor Insurers’ Bureau of Ireland show that the county experienced one of the biggest decreases in insurance claims involving uninsured vehicles in the first seven months of the year.
In Cavan, there were 13 fewer claims up to July this year, which represents a 34% decrease on the same period in 2017. Cavan now ranks fourth in the table of largest decreases after Louth, Leitrim and Roscommon. Neighbours Monaghan saw a 12% decrease in the number of claims against uninsured or untraceable vehicles, while the average decrease nationwide was 8%. The bureau which was set up to compensate victims of road accidents caused by uninsured and unidentified vehicles, has recently introduced new measures to get tough on fraud.
CEO of Motor Insurers’ Bureau of Ireland, David Fitzgerald, said his organisation is taking a proactive approach: “If the facts don't add up we are prepared to fight [the cases] in court. It is not without risk, because running court cases are expensive, but what we are taking is a long term view that if we invest in more of these cases now we will see the benefit down the line.”