Students told to buy newer cars to get cheaper insurance

Some insurance companies are telling young people to buy newer cars to bring down their premium.

The Union of Students in Ireland says new measures to tackle the spiraling cost of car insurance don't go far enough to protect young drivers.

USI President Annie Hoey says students can barely afford to stay on the road.

"When someone rings up and quoted €6,000 or told to buy a newer car, that is not a sustainable way for the insurance industry to work.

"We don't have the money to go around buying newer cars. If our cars are NCT'd and safe enough to be on the road they should be good enough to insure.

"It is crazy that we are being told to buy newer cars so we can get cheap insurance."

More in this Section

Ireland's birth rate falling but is third highest in EU

Dublin Port head defends decision to cut number of cruise ships

One in five school staff assaulted once a week in Northern Ireland

Ireland will have highest university fees in Europe post-Brexit, according to student union


Ready for the big final? We go behind the scenes on Dancing with Stars

Skinny jeans: The trend that refuses to die

Reaching out: How volunteering can boost your health and happiness

Making babies: What men can do to boost their fertility

More From The Irish Examiner