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Kilkenny drivers pay second lowest car insurance premiums in country

by Tracy J. Chu

A new study has revealed that Kilkenny drivers pay the second lowest car insurance premiums in the country.

The study also highlights that there can be more than €200 in the difference for the average cost of an insurance premium, depending on the county you live in. 

While many are struggling to cope with the cost of living crisis, car insurance is a necessary spend, however, the pricing differs depending on a combination of factors. 

Insurers analyse a number of points and one of these is where you live. With this in mind, insurance experts Chill, have revealed the counties in Ireland with the most expensive car insurance. 

Topping the list as the Irish county with the highest car insurance costs is Longford where the average cost of a policy is €783.

Louth residents also pay an average of over €700 a year and Limerick completes the top three with a cost of €678.

Paying just €549 on average, Waterford is the county in Ireland with the lowest car insurance costs.

Kilkenny comes in second with a slightly higher price of €554, Wicklow and Wexford complete the top three, both having an average of €571 for car insurance. 

Car insurance premiums take your location into account as living in a city where there is a greater risk of crime and increased traffic, this consequently means an accident or theft is more likely, so as a result, your car insurance premium goes up. Similarly, in Ireland, some rural counties have higher insurance premiums than others because of the higher rates of claims.

Average prices are shown from new business & renewal sales between July 2022 – January 2023, including any fees.

Founded in 2007, Chill is an Irish-based insurer that searches and compares 14 different insurers to help customers

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TRAVELLING

Here’s how to know if your company’s layoff policy is a ‘good’ one

by Tracy J. Chu

Andreypopov | Istock | Getty Images

Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-to-face with a layoff if the economy slows more drastically in 2023, and it’s not always clear what you should expect from a soon-to-be-former employer as they let you go.

Recent headlines have show how wide in range layoffs policy can be from corporations, from the slash-and-burn approach taken by Elon Musk at Twitter to the pains some leaders are going to in publicly disclosed letters about job cuts laying out the various benefits being extended to departing employees.

Layoffs are a reputational issue for companies at a time when the American public ranks how businesses treat their workers as the most important ESG issue, according to annual polling conducted by Just Capital. Living wages, training and career advancement opportunities, worker safety, and diversity all factor into human capital metrics, but that doesn’t mean companies get a free pass on how they reduce headcount. “Layoffs can be done in a just way,” said Martin Whittaker, founding CEO of Just Capital.

“My general philosophy on letting people go is you want to treat people well because it all goes back to your brand and in today’s market employer brand is very important,” said Paul Wolfe, former head of HR at Indeed who now runs his own corporate consulting firm. “People exiting are still out there talking about your brand,” he said.

But there’s a big problem: many workers don’t know how to evaluate a job separation agreement, in effect, they can’t tell a just layoff from an unjust one. Here are some recommendations from career experts for an employer-employee interaction no one wants to have, but it’s better to prepare

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