Landmark ruling ‘will lower car insurance’

A LANDMARK ruling against an uninsured driver who injured a pedestrian should help pave the way for cheaper insurance premiums, the Motor Insurers Bureau of Ireland (MIBI) said yesterday.

Landmark ruling ‘will lower car insurance’

Run and funded by the insurance industry, the MIBI is responsible for paying out for injuries sustained in hit-and-runs and when uninsured drivers are involved in accidents.

Each year for the last three years, the bureau has had to pay out €50 million to cover the costs of accidents in which uninsured drivers are involved.

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