Author Archives: Stephen

Motorbike, caravan and car insurance for the summer holidays

Summer has arrived in Ireland as sunny afternoons and long evenings are finally upon us!

Many of us will be on the golf course, out for a walk in the countryside or doing some gardening. The good weather is especially a great opportunity for an afternoon drive, motorbike ride or weekend away in the caravan or campervan.

Many of those who have purchased a new car or camper in previous summer months may realise that their insurance term is coming to an end. Don’t leave it too late; try Paddy Compare today for all your insurance needs in Dublin, Cork, Galway and beyond. Paddy will compare car insurance, motorbike insurance and caravan insurance from specialists across Ireland.

Co. Mayo has fewest drivers with penalty points – Car Insurance

A report by RTE has found that Co. Mayo has the fewest drivers with points on their licence, whilst Co. Kildare has the most. Across the country, around 20% of drivers have penalty points and over 168000 offences were recorded last month in Dublin alone.

The Regional Quality of Life report from the Central Statistics Office compares lifestyle, housing, health, education and economic activity across Ireland.

The penalty points system was brought in to encourage safe driving and reduce accidents on the roads, and insurance companies may view drivers as a higher risk, especially if they have had repeat offences.

Penalty points can be picked up for speeding, driving without due care, using a mobile phone, driving through a red light or for not maintaining your car properly. Whatever the reason for your points, Paddy Compare can find the best deals for car insurance or convicted driver insurance from specialist insurance companies across Ireland.

If you are fortunate enough to not have any penalty points, and your licence is clean, Paddy will also pass this information on to insurers, who will be able to give you a quote on that basis. Simply visit the car insurance page today to get started with a one-page form!

Aer Lingus Strike Warning – Travel Insurance

Baggage handlers striking in Brussels is resulting in some disruption for Irish travellers this week, as around 20,000 pieces of luggage are stranded at Belgium’s largest hub.

The four-day protest has resulted in a backlog of luggage that will take some time to clear, and those who have flown into or out of the airport may have to wait for another few days before their belongings are returned.

Travelling is stressful at the best of times, but nervous passengers may become even more anxious due to events like these. Paddy Compare can be used to compare travel insurance from specialist insurance brokers across Ireland. Travel insurance will provide peace of mind when travelling in the case of any delays, cancellations or lost baggage. Try Paddy Compare for an insurance quote today!

Low Interest Rates on Mortgages in Ireland – House Insurance?

Recent figures from the Central Bank show that borrowing money for house purchases in Ireland costs an average of 3%, almost 15% cheaper than the euro zone average at 3.49%. Despite this, the cost of mortgage loans in Ireland is rising, despite the ECB main interest rate remaining unchanged.

Banks are currently losing money on their tracker mortgage products, and so are charging more for their standard variable rate and fixed rate mortgages.

If you are planning to take advantage of the low (but rising) mortgage prices to buy your first home, up-size, or purchase an investment property, you may also be considering the cost of home insurance. Paddy Compare can compare home insurance in Ireland for you, saving the hassle and getting the best prices. Try Paddy Compare for house insurance today!

Life Insurance in Ireland

Paddy Compare are pleased to announce the addition of Life Insurance to our increasing product list.

Various types of policies are available to cover costs in the case of the death of the policyholder, such as dependants or a mortgage.

Use Paddy Compare to get Life Insurance quotes from a range of specialist life cover specialist brokers today.

Opportunities for Landlord Insurance as rental costs rise

Rental prices in Dublin have increased by 5% since this time last year, according to a recent rental report by property website Daft.ie. This is in line with the average rise of 2.7% across Ireland.

The gap between the cost of renting in urban and rural locations is increasing. Supply in Dublin City Centre is less than half of the monthly demand. This figure is decreasing, as typically more properties are rented out than become available on the market each month. On the other hand, supply outside of the city is typically greater than the demand, and this has resulted in decreased rental prices.

Increased rental prices are an excellent opportunity for property investors trying to maximise returns on their investment. Gross yields often appear very attractive, but bad debt, bills, maintenance and insurance can eat away at the net figures.

Paddy Compare can help landlords and homeowners across Dublin, Cork, Galway and Ireland in general. Home insurance and landlord insurance can be compared at any time of the day or night, and our panel of specialist insurance brokers will provide you with the best prices. Simply fill in one of our one page forms today for great deals on all your insurance needs.

 

Fodder Crisis Relief – Farm Insurance

The Department of Agriculture and the Minister for Agriculture have recognised the difficulties farmers have faced with the recent fodder crisis. They have taken a number of steps to aid farmers in Ireland.

A low-call crisis number – 1850 21 19 90 will be monitored until midnight each day, for farmers who are struggling to feed their livestock. Banks have been asked not to request loan repayments until the situation improves and some flexibility will be exercised with any farm inspections. Additional supplies of hay are being imported into the country, following recent, extensive wet weather and the shortage of feed.

Unpredictable weather, increasing fuel costs and fluctuating meat and milk prices are just some of the issues a typical farmer has to deal with on an annual basis. Farm insurance is flexible, but can provide cover for farm livestock, buildings and contents, public liability and environmental liability against induced contamination. Try Paddy Compare today for your farm insurance in Ireland, by comparing quotes from insurance brokers in Dublin, Cork, Galway, Donegal, and across the country.

Mobile Phone Insurance for 1.6m in Ireland

The latest Eircom Household Sentiment Survey has revealed that Ireland’s love of technology has resulted in a large increase in the use of smartphones and tablet computers.

1.6 million people now share the country’s obsession with iPhones, Samsung Galaxys, Nokia Lumias and other such mobile devices. There has been an increase of over 25% in the last 6 months alone.

Increasing numbers of users are becoming dependent on mobile phones and other such gadgets, with large proportions revealing use in the car, on public transport, in the bedroom, and on the toilet!

With the latest devices costing hundreds of euros, don’t let an accidental slip result in a cracked screen or a terrifying splash. Gadget Insurance from Paddy Compare will let you compare mobile phone insurance, tablet insurance or laptop computer insurance quotes, to ensure you won’t be out of pocket.

Frozen travel adventure; not your typical holiday insurance!

Two Irish adventurers have returned from Russia’s largest lake, following 26 days of traversing the ice cap in -30 degrees. Lake Baikal is the world’s largest frozen lake. At 640km in length, it’s visible from space and it holds around 20% of the world’s fresh water.

Mike O’Shea from Dingle, Co. Kerry, and Clare O’Leary from Brandon, Co. Cork have set themselves the challenge of crossing all the main ice caps by 2016, termed their “Ice Project”.

Frozen adventures aren’t the typical holiday for Irish residents, but Paddy Compare can help you compare the entire travel insurance market with just one form. So for single or multitrip insurance for your holiday, business trip or weekend getaway from Ireland, try our holiday insurance comparison service today!

Horse Insurance for the Grand National!

The world’s biggest horse race takes place tomorrow when 40 horses line-up to face 30 fences at Aintree Racecourse. Seabass is the current bookies’ favourite, but who is your money on?

Thousands of spectators and TV viewers across the country will be tuning in tomorrow for all the drama, but unfortunately things do occasionally go wrong. After a home and a car, a horse may be one of the the next most expensive purchases you ever make, so you may wish to protect your investment, and protect yourself with horse insurance.

Paddy Compare is the ideal place to compare horse insurance from providers across Ireland. So no matter who you pick on Saturday, make sure you pick the right insurance and compare horse quotes with Paddy Compare!