Fine Gael TD for Dublin Fingal, Alan Farrell, has raised concerns and said the issue must be addressed immediately.
He said: "I understand that this is a stressful issue for homeowners, particularly as my own residence was remediated from pyrite 3 years ago. The fact that insurance providers seem to be unwilling to insure homes that have been remediated from pyrite is unfair and unacceptable. A negative implication of this is that owners face a great deal of difficulty if they want to sell their homes, as potential buyers are put off by the fear of being unable to acquire home insurance. There is no understandable reason as to why a home insurance provider should refuse to insure a pyrite remediated home and this is an issue upon which Minister Coffey and I are agreed.
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"I have called upon the Minister to take on the responsibility of finding a solution to this issue and I have urged him to examine the possibility of establishing a voluntary agreement between the Government and the insurance providers, along the lines of the Declined Cases Agreement which operates in the motor insurance industry."
(CD/MH)
