25% of motorists mull cut in insurance

ONE in four motorists are considering reducing their motor insurance coverage due to financial pressures, according to a survey.

Research by AA Ireland has revealed 25% of all drivers are thinking about or have already switched away from fully comprehensive insurance policies.

However, only 5% of motorists have changed to a third party or third party, fire and theft policy, although the figure rises to 12% among younger motorists aged under 25 years.