50% of drivers feel State should pay if insurer fails

Nearly 50% of respondents to a survey feel the Government should pay for any outstanding claims if a motor insurer goes to the wall. The study is by insuremyvan.ie.

It is published almost a year after the liquidation of Setanta Insurance and its parent left about 75,000 consumers uncovered for their motor insurance.

The survey found 46% believe the liability for such an event lies with the Government. However, the bulk of that opinion rests with male drivers; the main group (male van/ commercial vehicle drivers in particular) affected by Setanta’s collapse.