Author Archives: Stephen

4 months since Donegal floods

The past four months have been a stressful time for Donegal residents following efforts to restore homes after devastating floods in August.

63% of the average monthly rain fell in just nine hours in Inishowen, destroying bridges, vehicles, business and homes. Residents have been rebuilding their livelihoods following negotiations with insurance companies, and where complete re-builds have been required, seeking planning permission also.

Insurance can be a stressful matter, but when it comes to property, the most important thing is to have adequate cover for your buildings and contents, so that in the event of flooding or other event, you are covered.

Buildings insurance will cover the structure of your home in the event of fire, flood, subsidence, theft and falling trees. Contents insurance will protect your belongings against theft, fire and flooding. The average family of four will have contents of approximately €30,000 in value.

Paddy Compare works with a number of insurance companies to help you seek the best deal for your insurance. Simply complete the home insurance form and leave it to our specialist brokers to advise you on your requirements.

House prices rally outside Dublin, with more modest gains in the capital

Recent figures from the Central Statistics Office show that whilst Dublin house prices rose during 2016, the majority of the gains were outside the capital.

2016 Property Prices (Central Statistics Office)

Across the country, home-owners saw an average increase of 8.1%. Unlike in previous years, Dublin properties did not see the bulk of these increases, with a rise of just 5.8%.

Outside of Dublin, there were gains of 12.1%, but the best of these gains were in the West of the country, with house prices rising 17.8%.

Whilst strong gains are being made, property prices are still 32.1% lower than the peaks seen in 2007, opening up opportunities for first-time buyers to purchase their first home, and for existing home-owners to be able to climb the ladder, particularly those who are deciding to move outside the capital.

Home insurance and landlord insurance are an important consideration for home-owners. Paddy Compare works with a range of insurers across Ireland and can help you achieve the best deal. Try us today to see how much you can save!

Opinions on Brexit – how will it affect you and your business insurance?

Opinions on how Brexit will affect Ireland have been wide ranging, and there is no clear cut answer on the advantages or pitfalls for the country. Here is a selection of recent views:

“Brexit will destroy Good Friday agreement”

Gerry Adams has claimed that since Brexit looks to end the jurisdiction of the European court, the human rights afforded as part of the Good Friday agreement may be undermined.

“My business lost 20% of revenue overnight”

As the pound slumped following the UK’s decision to leave the EU, Athlone mushroom farmer Gerry Reilly hopes that Brexit won’t deal a further blow to his business, with the UK purchasing 50 lorry loads of mushrooms every day from Ireland.

“There will be opportunities and Irish companies need to be at the forefront of them”

The Irish Examiner reports that Ireland may become an excellent opportunity for UK companies to continue to trade with mainland Europe, with the country acting as a spring board into the continent, for example, UK engineered products could be finished off in Ireland before being sold onto France and beyond.

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Brexit may mean a change in the nature of your business, and it is vital that your business insurance is adequate for your turnover and type of trade. Paddy Compare can help you save on your liability insurance and tradesman insurance, wherever in the country you operate.

2016 in Review

2016 has been an excellent year for Paddy Compare. We have helped thousands of Irish customers save money on their insurance and we are working with more brokers than ever, all of whom are growing their customer base daily.

2016 was an interesting year for Ireland in General – here’s a quick summary:


Storm Desmond and Storm Frank battered the country over Christmas and the New Year, damaging homes, farms and businesses. The Cabinet agreed to replace fodder at the market rate, and also promised €10m for Local Authorities to aid with the clean-up operation.


The 2016 election takes place. Over 3.22 million people are eligible to vote. More than 550 candidates contest for 157 Dáil seats and 65.1% of the people turn out to vote.


Tens of thousands of people turn out in Dublin on Easter Sunday for the official State commemoration to celebrate 100 years since the Easter Rising – the largest public spectacle in the history of the State.


Forms arrive in the post for the 2016 census. Preliminary results indicated that the population grew by 3.7% in 2016, to 4.76m.


Enda Kenny is elected Taoiseach on May 6th, 70 days after the general election.


The Republic of Ireland face Sweden in their first match of the 2016 UEFA European Championships. The game ends in a 1-1 draw but unfortunately that wasn’t enough to see Ireland progress to the knock-out stages.


Twenty-two members of a Dublin Bus syndicate win the EuroMillions jackpot – €1,083,866.36 each.


The O’Donovan brothers from Cork become internet sensations as they win silver medals in the lightweight men’s double sculls at the Rio Olympics. The pair, who train at Skibbereen Rowing Club “pulled like a dog” to come in second, just behind the French winners.


41-year-old mother of two, Caitríona Lucas, attached to the Doolin Coast Guard unit was on board Kilkee Coast Guard’s rigid inflatable boat (RIB) during a search for missing Clare teacher David McMahon. Caitríona lost her life when the lifeboat capsized in rough seas on September 12th.


Munster Rugby players and fans are devastated by the sudden death of head coach, Anthony Foley. Anthony was just 42 and died overnight in Paris on 16th October and was described as one of Munster’s ‘all time greats’.


Worldwide news is swamped with the shock US Election result, as Donald Trump defeats Hilary Clinton. In Ireland, almost 60% of secondary schools close as members of the Association of Secondary School Teachers in Ireland pull out of the supervision of students during break times.


The cabinet proposes to limit landlords to increasing rent in Dublin and Cork by 4% each year over the next 3 years. In an attempt to reduce homelessness, Minister for Housing Simon Coveney is to announce a series of measures targeting the private rental sector.


2016 has been an interesting year, how will 2017 fare?

Happy New Year to all customers, from the staff at Paddy Compare!

Horsebox Insurance from Paddy Compare

Paddy Compare are pleased to announce an addition our our extensive product range. We are now offering a service for horsebox and horse lorry insurance in Ireland.

Owning a horse can be an expensive hobby. Feeding, vet bills, cleaning and exercise make up the majority of the costs, but transport can be an important consideration if you are showing, racing or moving your horses. Therefore, insurance for your vehicle is vital.

Horsebox insurance from Paddy Compare, for all your comparison needs!

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.

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!

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!

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