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5th November 2017
12:53pm GMT
"Well we've seen increasingly over the past three years the cost of car insurance increase, but those in the taxi industry have been particularly impacted. "The real issue now is that we're being increasingly getting taxi drivers who are coming to us saying that they can't enter the market because insurance companies will not insure them. "This week alone, I've had two people contacting me saying that they just cannot get a quote."This news comes just one month after it was announced that taxi fares in Ireland will increase in 2018 by an average of 3.22%, taking effect on February 1. The current charge for a taxi during daylight hours is €3.60 while the existing premium rate is €4 but both of these are set to increase according to The National Transport Authority.
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