Brennan rejects insurance argument

TRANSPORT Minister Seamus Brennan has rejected the insurance industry’s argument that his promised 15% premium cut to points-free drivers is not on.

The Irish Insurance Federation say loading insurance policies of drivers with penalty points will cut the policies of other drivers with clean records by just 3.29 - the amount of benefit that could be passed on.

The federation point out that even a 10% reduction would mean pushing up the premiums of drivers with penalty points to around 8,000.