Ireland travel to Cardiff for 6 Nations triumph

Ireland held their early lead despite a strong second half by Wales in today’s 6 Nations opener in Cardiff. Ireland’s 30-22 win was made possible with Brian O’Driscoll’s return, following injury last season.

O’Driscoll, 34, notched his 26th RBS 6 Nations try and later admitted that revenge was sweet, following Ireland’s history with the Welsh.

Ireland’s campaign continues next Sunday, when the side will face top-of-the-table England, at home. Sunday 24th February will see Declan Kidney’s boys travelling to Murrayfield for a crucial fixture with Scotland.

If you are fortunate enough to be supporting the team at their away fixtures, travel insurance may be crucial for any unforeseen issues with your travel from Dublin. With Paddy Compare, you are just one form away from receiving the best deal.

Buy to let? Buy landlord insurance!

Rental income can be a nice earner but it comes with some substantial risks especially in the current economic climate. When someone purchases a buy-to-let property they expect the rent from the property to exceed the costs and for the property to increase in value over time, but that is not always the case.

From 1993 to early 2007, property prices in Ireland showed a steady rise and in particular from 2001 to 2007, property tripled in value. This spurred additional building and despite over 15% of all homes being unoccupied, construction continued. A recent report showed that over 350,000 homes, representing 17% of Ireland’s total housing remained unoccupied. At its height, the average house in Ireland was worth €310,000 but thanks to the credit crunch this figure fell to €150,000.

In late 2012 property prices increased for the first time since 2007 but still remain over 60% lower than their peak. Given the slight increase in prices and a corresponding increase in the number of residential transactions, experts say that the market is in early stages of recovery.

If you own a property that you currently rent or are planning to rent, then landlord insurance is very important. Even if your property is unoccupied, landlord insurance is a must. Paddy Compare can help you take advantage of some of the best buy-to-let insurance deals on the Irish market. Simply fill in our short one page landlord quote form and start saving money when you need it most.

Time for a holiday & cheap travel insurance in 2013!

Are you feeling the January blues? Back to work and into the same old routine? Well why not book a holiday and take advantage of some cheap travel insurance at the same time.

The Irish Tourist Industry Confederation recently confirmed that last year alone 6.5 million people travelled to Ireland. Trends showed a growth of 2% in visitors from mainland Europe and North America, but a fall of 100,000 visiting from Britain.

The central statistics office revealed that they saw a 1.5% increase to 2,075,000 Irish people making overseas journeys in 2012. This therefore reduced the number of Irish domestic holidays by 0.3% to 4.2 million.

Minister for Tourism Leo Varadkar backed up the statistics by suggesting that despite the poor Irish weather and the troubled economy, tourism in 2013 seems to moving in a positive direction.

So whether you plan to travel abroad or take advantage of some of Ireland’s local attractions, Paddy Compare can help. It doesn’t matter if you need a family travel policy, multi-trip policy, adventure sports cover or are planning a back packing holiday. Use Paddy Compare, get a travel quote, find cheap travel insurance and save €€€ to spend on your holiday.

Car sales struggle during the January squeeze

Increasing property and tax bills are keeping buyers away from the dealerships this January, as car sales lag behind from this time last year.

80,000 cars are typically sold in Ireland each year, but experts report that this number is expected to fall by as many as 5000 vehicles this year, following early reports in 2013 sales.

Whilst the new ‘131’ registration is proving popular, many of these cars are reported to have been ordered towards the end of 2012, and so their popularity on the roads has not been felt at the forecourts.

Small family hatchbacks with diesel engines and attracting low CO2 emission bands are expected to prove popular again, as consumers continue to curb their spending in wake of rising costs from last year and over the Christmas period.

Paddy Compare can find you great deals regardless of your vehicle or driving experience. Head over to our car insurance page to start saving today!

Mis-sold payment protection insurance?

Have you ever been mis-sold payment protection insurance? Since August 2007, over 300,000 payment protection insurance policies have been sold throughout Ireland. Many of these applications were wrongly sold and the unknowing victims could have been paying as much as 30-40% extra on repayments.

Payment protection insurance is a type of cover that repays loans and credit card balances should the policy holder become unemployed or unwell. PPI is separate to mortgage protection and is an optional extra. Unfortunately many were told otherwise and forced to buy it in order to help approve their application.

How do I know if I was a victim? If you were self-employed, worked less than 16 hours a week, performed contract work, already had income protection or simply forced to make an upfront payment you may be entitled to claim back thousands of Euros.

What should I do? Consumers are being advised to do nothing as you will be contacted by your bank. Claims management companies should be avoided at all costs. The Central Bank has ordered independent reviews of all PPI sales within banks such as Bank of Ireland, Allied Irish Banks, EBS, Permanent TSB, Ulster Bank and GE Money during that period.

If you need insurance of any kind and want a brand you can trust, try Paddy Compare today!

Happy Christmas!

Hi everyone,

Happy Christmas and a happy new year from all the staff here at Paddy Compare.

Try Paddy Compare in 2013 and find yourself some cheap Irish insurance!

Thanks,

Jonny

Good news for motorists as petrol prices drop

Inflation saw a 0.4% drop in November according to the Central Statistics office. The rate, which now stands at 0.8%, was strongly influenced by falling petrol prices at the pumps.

Motorists will probably have noticed recent falls in fuel bills as a result of lower global oil prices, and no doubt this will have come as a pleasant surprise in the run up to Christmas.

Consumers should notice a slight increase in other bills though, as energy prices saw a small rise, and housing costs rose 3%, mainly due to increased mortgage repayments.

Merrion economist Alan McQuaid reports that continued weak consumer demand will put downward pressure on prices in the months ahead. This is in line with similar reports from earlier in the year, such as that from Quintas who said that “While the cost of doing business in Ireland has reduced, we still need to work on our competitiveness. With much emphasis on wage reductions, other costs which could be focused on are high rents, insurance or childcare costs.”

For some more reading about how Irish inflation compares to the Eurozone as a while, head over to The Irish Economy blog.

Regardless of these changing times, consumers can always be assured of the best prices on many insurance products with Paddy Compare. Visit our car insurance, home insurance or insurance pages for more.

Stephen

Home insurance for you, not just for Christmas!

With extremes in weather set to hit Ireland over the next few weeks, winter has truly arrived. Cork City Council warned home and business owners of possible flooding in the next couple of days. Forecast by Met Éireann expects approximately 25mm of rainfall in the Cork area tomorrow alone.

On a brighter note, the latest figures from the Central Statistics Office show that house prices have risen 0.9% across the country. House prices in Dublin increased by 3.1% which is almost the largest rise in six years as reported by Irish estate agent DNG. After four consecutive years of a double digit decline in house prices, this slight increase is giving some comfort and assurance that prices have now stabilised.

So whether you’re worried about the price of your home or the cost of flooding, it is important to find the right home insurance policy. As Christmas approaches the last thing you want to worry about is insurance. At Paddy Compare you can instantly compare Irish home insurance prices from across the whole market. So protect your home, enjoy your Christmas and get a home insurance quote today!

Jonny

Increased car premiums for women drivers

Friday 21st December will see a new EU ruling which will outlaw gender discrimination by Insurance providers, and will end the traditional lower renewals that women drivers have previously benefited from.

Most insurers are refusing to reveal their new rates until this date, however some have gone early. A study by AonInsure and Irish Independent has revealed price hikes of up to €60 for females, with a similar drop for males. Further increases are expected in the new year, as firms come to grips with the new system, and prices start to balance out to reflect the new legislation.

Now that insurers are unable to use gender to determine risk, they will use other details such as no claims bonus, address, age, type of car and occupation to determine prices.

Regardless of your gender, driving history or personal circumstances, Paddy Compare can find specialist brokers that will provide competitive quotes for your car insurance. Alternatively, you can visit our insurance page to view some of the other products on offer.

Health Insurance Premiums spiral out of control!

More and more people have stopped their health insurance cover since the recession began back in 2008. Research suggests that less than 50% of the population now hold effective health insurance cover for their family.

Health insurance premiums are continually on the rise. With an ever increasing number of health insurers such as VHI, Laya, GloHealth and Aviva, all announcing monthly increase in prices; things are only going to get worse. With the average premium set to rise by as much as €400 in 2013, families are going to be even more out of pocket.

In addition with the 2013 budget due on 5th December, Mr James Reilly (Health Minister) could be set to increase the cost of a private bed in a public hospital. This results in a corresponding increase in health insurance and a further squeeze on the family budget.

It was announced last week that the top health insurers have released new schemes to encourage the use of health insurance benefits in the workplace. It is still unknown if these policies will be made available to the public and could cut prices by up to €150. The only hope we have now is that the new health insurance levy/ risk equalisation scheme due in early 2013 will neutralise health insurance costs and reduce the prices for all involved.