Hundreds of motorists up and down the country are in line for a payout following an error by a leading insurance company.
It is understood that the issue is related to the recognition of no-claims bonuses for policy-holders when calculating premiums, the Irish Independent reports. The company said that it had identified what it referred to as a historical systems-based error earlier this year that impacted about 400 motor customers.
The company said: “In March 2024 we wrote to each of the impacted customers apologising for the error and confirming that a refund was being processed and would be paid in the coming days.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Axa Insurance: Hundreds of drivers set for refund after overcharging blunderAxa Insurance is sending refunds to hundreds of drivers after a systems error saw them overcharged for their motor insurance.
Source: NewstalkFM - 🏆 19. / 55 Read more »
Motor Insurance Company Axa to Give Refunds After Overcharging CustomersAxa Insurance has identified a historical systems-based error that led to overcharging around 400 motor customers. The company has apologized to the affected customers and is processing refunds along with compensatory payments.
Source: RSVPMagazine - 🏆 7. / 76 Read more »
Axa refunds over €65,000 to customers for no-claims bonus errorFrench-owned insurer said it identified in February what it called ‘a historical systems-based error that impacted circa 400 motor customers’
Source: IrishTimes - 🏆 3. / 98 Read more »
– Motor insurance premiums to rise this yearMotor insurance premiums are expected to go up in Ireland this year due to a rise in claims.
Source: NewstalkFM - 🏆 19. / 55 Read more »