Irish Car Insurance has started to become more expensive again. Despite falling in cost for a number of years, it seems many insurance companies want to use the recession to return to the days when the Irish motor insurance market was an astonishing 100 times more profitable than our neighbours in the UK! Therefore, here are 3 tips guaranteed to reduce the cost of your policy... no matter where you live... what age you are... what type of car you drive... your driving record... or how many penalty points you have!
1. Protect Your No-Claims Discount: Building up a no-claims discount is incredibly valuable. If you haven't made a claim, or had a claim made against you, your no-claims discount could grow to as much as 71%! Protect it! For what is (usually) a very reasonable amount, most insurance companies will apply 'no-claims protection' to your policy, whereby you'll be able to make a certain number of claims within a certain time period and still keep your discount! Also, if you change insurer, make sure they will carry-over your no-claims discount from your previous company.
2. Pay More "Excess": Your "excess" is the amount you have to pay towards any claim you make. In other words, if your excess is €200, you'll only get money from your insurance company if your claim exceeds this. Some policies have no excess; some have €500, or more. Basically, the higher the excess, the lower your insurance premium will be!
3. Get Lots (& Lots!) of Quotes: You can save a small fortune by getting as many quotes as possible from as many Irish insurance companies and brokers as possible. In some cases, the difference can be in excess of €1,000! Ideally, you should do this every year, as increased competition can and does affect quotations all the time (meaning that, even if you've already got a good deal, you could still get an even better deal next time!).
The last tip might seem off-putting because of the time and effort that would be required to call all the various companies and brokers out there. Therefore, it's best to use an online service site where you can get instant online Irish Car Insurance quotes from many of the top companies (all at the same time).
You may want to get more information about Cheap Car Insurance Ireland
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