Author Archives: Stephen

6000 homes without power as Storm Eva hits Ireland

Winter 2015 has been a difficult one for many families, with widespread flooding and disruption throughout the country.

Many homeowners hoped the worst had passed following the clear-up operation in the wake of Storm Desmond. Cork, Kerry, Galway and Sligo were the worst affected counties, with millions of euro worth of damage.

Power lines have yet again been damaged, following the 120kph winds experienced during Storm Desmond, with Meath, Dublin, Cavan Wexford, Cork and Tipperary all affected. While conditions will remain blustery for a while today, Met Éireann believes Storm Eva is likely to clear by this afternoon, and Santa’s travels around Ireland won’t be affected.

White Christmas?

Christmas Day is expected to start off cool, bright and sunny in many areas. However, wet and windy weather will develop in the southwest by around noon, spreading across the country.

Daytime temperatures will be cool on 25 December – as low as 5 degrees: but not cold enough for snow in the cities. High laying areas in the West may see some sleet in the morning, but with temperatures rising to 12 or 13 degrees in the afternoon, this will not last long.

 

Aer Lingus to be sold for €1.4bn

The board of Aer Lingus accepted an offer of €1.4bn for the airline yesterday. The likely buyer is IAG, the owner of British Airways, but will be subject to approval of the shareholders and the regulators. IAG is headed by former Aer Lingus boss Willie Walsh and is a significant addition to the airline giant.

Aer Lingus said it was accepting a higher offer of €2.55 per share including a cash dividend following a number of attempts by IAG to buy Aer Lingus. This is the third offer by IAG, up from €2.40 earlier this month. Major shareholders in the firm include Ryanair (30%) and the Irish Government (25%), and both have a power of veto.

Senior executives at Aer Lingus are to set to earn about €30m from their bonus share scheme from the sale.

www.paddycompare.ie/insurance

Are you a window cleaner? Compare Insurance today!

Paddy Compare has been offering public liability insurance for some time, with a number of established brokers providing competitive quotes for your business. Window cleaning often interfaces with the general public; whether you’re cleaning windows for shop owners or for domestic customers, you may need to window cleaning insurance.

So if you’re a window cleaner and would like to get a great deal on your liability insurance, try Paddy Compare today, for all your Irish comparison needs!

www.paddycompare.ie/window-cleaning-insurance

Builder Insurance from Paddy Compare

Builders can be involved in many projects, be self-employed, work for construction firms, be a sub contractor or run their own business, therefore each builders insurance policy can be very different.

Paddy Compare has recently launched it’s builder insurance service, to help you get the cheapest quotes on builders liability insurance. We are working with some fantastic brokers across Ireland, so try us today and see how much you can save!

http://www.paddycompare.ie/builder-insurance

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Oil slump cuts costs for Irish households

Commuters will have noticed the difference at the pumps, as global oil prices have fallen significantly in recent weeks. Although the reductions are significantly diluted by VAT and duty, it is reported that oil stabilising at 70 USD per barrel in 2015 could result in savings of €120/year, and that’s before heating oil cost savings are accounted for.

Brent Crude Oil is the name given to the lightweight, low sulphur oil produced in the North Sea, and serves as a major benchmark price for purchases of oil worldwide. The price has dropped from $80 to around $60 per barrel in the past month, and that’s down from $115 in June. Weak economic activity, increasing efficiency, political turmoil, increased production in the USA and decisions of Saudi Arabia and it’s oil producing neighbours not to curb production are all factors that have led to the decline.

Price falls like this have more knock-on effects on production. Extraction from North American shale and Canadian sands is expensive (up to $100/barrel to break even), and hence less favourable during such times. On the other hand, it costs just $5-6 to extract oil from the extensive, shallow fields in Saudi Arabia.

How are the falling oil prices affecting you? Will it stay this way?

SPSV Vehicle Licence – How to become taxi driver

Paddy Compare’s guides give useful guidance on insurance-related topics in Ireland. The latest addition to this page is an update on the ‘How to become a taxi driver’ guide which we published recently.

It gives information on the process of applying for both a Public Service Vehicle Licence (taxi plate), and a SPSV Driver Licence, along with costs and links to more information and relevant forms. We hope you find this to be useful if you are thinking of becoming a taxi driver in Dublin, or wish to know the cost of being a taxi driver anywhere in Ireland.

The article can be found by clicking here.

Paddy Compare Guides – 10 steps to become a taxi driver in Ireland

Over the coming months, Paddy Compare will be releasing a series of guides to help with various insurance and business-related tasks. The first of these, aimed at those who are looking to become a taxi driver in Dublin, or anywhere else in Ireland, is now under way: how to become a taxi driver.

The guide currently covers the steps required to apply for the first of the licences required; the SPSV Driver Licence. It will shortly be extended to also give guidance on applying for, and obtaining a SPSV Vehicle Licence (taxi plate). We will update you on when this is the case.

Hope this helps!

Compare cheap car insurance quotes in Munster

Paddy Compare has recently launched its Car Insurance comparison service for customers located in Clare, Cork, Kerry, Limerick, Tipperary and Waterford.

With the recent introduction of the 142 plate, figures released by the Central Statistics Office (CSO) show the number of new private cars licensed for the first time rose by 50.8% to 14,037 in July, compared to June this year.

So if you are fortunate enough to own a newly registered vehicle, or you just want a cheap quote on your car insurance renewal, try Paddy Compare today.

Liability insurance for summer gardeners

Ireland has seen a strong spell of good weather over the last few weeks, and many green-fingered tradesmen are taking on some additional evening and weekend work, and putting their skills to good use.

Such work for neighbours, friends and family is usually of a casual nature. However, it is the gardener’s responsibility to consider adequate liability/tradesman insurance is in place to cover any damages to the public whilst carrying out their services, should something go wrong. Those carrying out services such as tree-felling may have higher premiums than those cutting grass, due to the additional risk.

Paddy Compare provides one short form which enables you to compare PL insurance from a wide range of liability insurers in Ireland. Make the most of your additional time with cost-effective tradesmen insurance, and see how much you could save.