A Donegal TD has raised concerns over the costs associated with settling motor insurance claims
The cost of settling a motor insurance injury claim has risen by almost a fifth over the last 5 years.
The average compensation pay-out for claims through litigation is now just over 46 thousand euro.
A new Central Bank report also shows premiums have risen 35 per cent over the last ten years while the cost of claims has fallen by 9 per cent.
Donegal TD and Sinn Fein Finance spokesperson Pearse Doherty says consumers are being ripped off;
