Fees and Charges

Check out all the fees and charges that apply to Liberty Insurance products.

Schedule of insurance fees and charges

  Car Insurance   Motorcyle Insurance Van Insurance Home Insurance
Administration Fee For Cancellation of Your Policy  Up to €50*   Up to €50* Up to €50* Up to €25
Administration Fee For a Change to Your Policy Up to €30   Up to €25 Up to €25 Up to €25
Service Charge: Monthly Installment New Business Policies 7.7%            -           -           - 
Service Charge: Monthly Installment Renewal Policies 9.75%            -           -           - 
Service charge: Direct Debit New Business Policies            -   7.7% 7.7% 7.7%
Service charge: Direct Debit Renewal Policies            -   9.75% 9.75% 9.75%
Statutory Charges*** 7%   7% 7% 5%

 

**Please refer to your Policy Booklet for further details.

**All Insurance premiums are subject to a 3% Government Levy. Any additional premiums charged to existing policies as of 01 January 2012 will include a 2% Insurance Compensation Fund Levy. The 2% Insurance Compensation Fund Levy is applied to new business and renewal premiums for policies that commence on or after 01 January 2012. Any additional premiums charged to existing motor policies as of 01 December 2018 will include a 2% Motor Insurers Insolvency Compensation Fund Levy. The 2% Motor Insurers Insolvency Compensation Fund Levy is applied to new business and renewal premiums for motor policies that commence on or after 01 December 2018. These levies are statutory charges in the policy documentation for ease of reference.

Liberty Seguros, Compania de Seguros Y Reaseguros, S.A, trading as Liberty Insurance, is authorised by the General Directorate of Insurance and Pension Funds in Spain and is regulated by the Central Bank of Ireland for the conduct of business rules. Effective 01 October 2019.

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