Friday, 20 December 2013

Christmas might be around the corner, but there is still time to arrange car hire excess insurance & travel insurance for the New Year holidays

There will be a large number of people hiring cars and taking breaks over the New Year festive season and it is vitally important that after celebrating a great Christmas and heading to the sunshine or ski slopes don’t forget to buy the insurance for the holidays.

Flight cancelled, delayed, baggage stolen, going skiing - these are some of the reasons you need travel insurance. The same importance applies if you are hiring a car, you will normally need to take out additional “excess insurance”. If you buy this from the car hire company research by the independent insurance companies shows that the consumer will pay a lot more for this excess insurance.  

There is a great selection of car hire excess companies advertising on and a daily policy starts from just €2.33 approx. 

Philip Suter of said” I personally have always had annual car hire excess policy for my wife and myself since we were to pay a large excess for alleged damage to a car rental in the south of France in October 2000 and these annual policies prove very good value for money. Most providers also have daily policies at very competitive prices”.

He went on to say, “I would not travel without Travel Insurance and the most economical way is to take out an annual policy.”

Many of the car hire excess insurance are also involved with travel insurance products. Examples of these are Worldwide Insure, Questor Insurance Services,and Blue Insurances who market products under the Carhireexcess, Great Cover and Multitrip and more brands. Specialist companies like Staysure offer products for the over 50’s who are part of a growing market of travellers.

The great advantage of buying on line via is that you make all the arrangements direct with the individual insurance company, pay by card and have everything set up in a matter of seconds. If you take a break at least a couple of times a year, consider annual car hire excess and travel policies. It can save the consumer a lot of money and leave funds for the holiday or even the New Year sales.

There is also a great selection of companies offering Holiday home insurance, Landlord and Tenant Insurance & more.
For more information visit

Thursday, 12 December 2013

Rents in Dublin are rising at the fastest rate since second half of 2007

Received the Irish Times this morning and the one page property section in the International edition had the headline " Tight supply drives annual rents in capital up by 6.4 per cent."

The Irish Independent said " Rents surge past €1,000 in Dublin - but fall elsewhere" and The Irish Examiner  said "Dublin rent rates outpace those outside the capital"

The PRTB - Private Residential Tenancies Board have published a rent index with the ESRI which is based on actual rents of more than 273,000 tenancies registered with the PRTB.

According to the report on the PRTB site, "Rents for private accommodation in the Dublin region continued to increase strongly in the third quarter (July-September) of this year, but outside the capital there was more modest growth. Looking at rents on an annual basis, Dublin rents grew by 6.4%, year on year (Q3 this year versus Q3 last year), but elsewhere rents actually showed a slight decline (0.2%) over the same period. These findings come from the latest Quarterly Rent Index of the Private Residential Tenancies Board (PRTB), which is compiled for it by the Economic and Social Research Institute (ESRI).

This Rent Index is the most accurate and authoritative rent report of its kind on the private accommodation sector in Ireland. All landlords are legally obliged to register tenancies with the Board and the number of new transactions in Q3 alone (July – September 2013) was well over 46,000. Another key feature is that it reflects the actual rents being paid for rented properties, according to the PRTB’s records, as distinct from the asking or advertised rent, which is the basis of other rent reports.

The PRTB website  also contains an Average Rent Dataset which  enables people to check the average rent being paid for five different categories of dwelling types throughout the country, in both urban and rural areas. This enables people to check what is the actual rent being paid for, say, a semi-detached house or a two-bed apartment in their neighbourhood, and in other parts of the country. 

For example, the average rent for a three-bed semi in Co. Dublin was €1,091; a one-bed apartment in Rathmines was €828.77, and a two-bed apartment in Blanchardstown was €924.02. Elsewhere in the country, a three-bed house in Glanmire, Co. Cork, averaged €833.80; it was €638.08 in Co. Limerick, and €725.57 in Co. Galway. (More sample average rents for around the country are contained in the table at the end of this statement.)

The Irish Independent report went on to say "Some 46,000 households signed a new rental agreement in the July to September period, according to the PRTB, which is the Regulator for the rental sector. One in five households now rent their homes as a lack of mortgage credit and a preference for renting among younger people has made it more popular. This amounts to 475,000 households now renting, up by almost 50pc from 2006, according to separate CSO figures.