Industry rapped for petrol stretching claims

The insurance industry has come in for criticism from TDs and senators for refusing to pay out to policy holders who have had their cars damaged by petrol stretching.

Industry rapped for petrol stretching claims

Yesterday Kevin Thompson, CEO of industry body Insurance Ireland, told the Joint Oireachtas Committee on Transport and Communications that its members had paid out on 600 claims relating to damage caused by petrol stretching, with a further 250 claims in the pipeline.

He told the committee that such claims would only be covered by comprehensive insurance policies and that in some cases, those who have claim protection on their policies would not necessarily lose their No Claims Bonus for claiming against petrol stretching damage.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited