What is car insurance?
Car insurance is a contract between the driver and the insurance company that protects you against financial loss for an accident or in the case of fire and theft. In exchange for paying a premium, the insurance company agrees to pay your losses as outlined in your policy.
How do I get the cheapest car insurance in Ireland?
First of all you should know that insurers charge different rates to different people. Every company has its own target market with some focussing on women drivers for example so its worth bearing this in mind as you start your research. When you go looking for a quote, the insurance company will take into account your gender, age and driving experience, as well as the model, year and power of your car to create your insurance package. Another useful point to remember is that motor insurance policies are usually priced individually to let you customize the cover that best suits your needs and budget.
But regardless of the profile of each customer, the reality is that everyone is looking for better value in the insurance market. In addition to getting more than one quote, there are other steps motorists can take to bring down their overall price and find the deaI that best matches their demands. It is advisable that people bear insurance in mind when buying a car in the first place. If you have a particular model or engine size in mind, get a couple of quotes and factor them into your decision when buying.
Safety - Remember that a car with an alarm or immobiliser will be cheaper to insure than one without these measures. So it is also worth considering what safety extras the vehicle has when buying.
Update you car value - If you are renewing insurance on your existing vehicle rather than changing cars, there are still ways to bring down the premium. One of the first things you can do is update the value of your car with your insurer - Insurers tend to leave the value at the level you set it when you first signed your contract, so it is up to you to let them know about any changes/updates to its value.
Safer driving - Insurance premiums are calculated based on the likelihood of a claim so a penalty-point-free licence will make a difference when it comes to obtaining quotes for insurance cover. Having a clean licence and driving record will lower your premium.
Pay in one go – Did you know that most insurers charge extra to spread the premium and pay by monthly direct debit? So it is a good idea to pay your insurance in one go! If the quotes you are getting are still too high, you can also look at the policy excess. This is the amount you have to pay in the event of an accident. Many insurers allow you to increase the excess to reduce the premium.
How does car insurance work in Ireland?
Motor insurance is compulsory in Ireland - It is a contract between the driver and the insurance company that protects you against liability in the event of a car accident. All types of businesses are based on the principle of mutuality – in short, in exchange for you paying a Premium, your insurance company agrees to cover your losses.
Before signing any agreement, bear in mind that many factors will affect your policy premium. The insurance company will take into account your gender, age and driving experience, as well as the model, year and power of your car to create your insurance package.
Another useful point to remember is that motor insurance policies are usually priced individually to let you customize the cover that suits your needs and budget. Policies are generally issued for six-month or twelve-month timeframes and are renewable. The insurance company sends out a notice when it’s time to renew the policy and to pay your premium.
What are the car Insurance companies in Ireland?
The Insurance Companies in Ireland are:
- Cover in a Click
- AIG Ireland
- Liberty Insurance
- Creane & Creane Insurance
- Brian J Pierce Ltd
- Goggin Insurances
- Munstergroup Insurance
- Blue Insurance
- KennCo Insurance
- Sheridan Insurances
- AXA Insurance
- Aviva Insurance Ireland Ltd
- Martin Insurance
- Zurich Insurance
- First Ireland
- Chill Insurance
What is the best car insurance company in Ireland?
Choosing a car insurer is a very personal choice. The best insurer is one that matches your needs. You need to source the one that meets your specific demands regarding cover, services - added on - and price. Some motor insurers offer Optional Extras Benefits that can include No Claims Bonus Protection, windscreen cover, damaged/stolen personal items and emergency/recovery service, as well as cover for a rental car in the event of your own car being off the road and they can add them to your deal according to your needs.
To find out which companies have the best package options, Enter in Touch With Us. We have partnered with leading insurance providers in Ireland, so get the best car insurance policies and save money by changing today!
What is the best car insurance package in Ireland?
Car insurance provides cover for your vehicle, liability and medical expenses. There are three options for insurance policies. The packages range from basic cover to comprehensive cover. So when it comes to buying car insurance, make sure that the policy you choose, really covers all your needs. It is extremely important for you to be confident that in a claims case, you will be covered by your plan.
To get the right deal for you, you will also need to inform the insurer of your requirements and give them accurate information. It it is essential that you disclose all relevant details to the insurer when you are initially purchasing or renewing your insurance – otherwise, if an incident arises, you run the risk of the insurance policy being declared null and void.
Enter in Touch With Us to find the insurance company that offers the best deal that matches your demands - to get the best car insurance policies, without spending a fortune. To better serve you, we have partnered with leading insurance providers in Ireland, so save money by changing today!
What types of cover offered on car Insurance policies in Ireland?
There are three options for insurance policies and the packages range from basic cover to comprehensive.
Types of cover:
- Third party - Protects you against liability in the event of you injuring a third party, including passengers, or causing damage to their property.
- Third party fire and theft - Provides third party cover together with cover against damage to your own car as a result of fire or theft.
- Comprehensive – This not only provides protection against liability to a third party but also offers you protection for fire or theft plus any accidental damage to your own car.
- Your claims history and driving record.
- History of convictions or driving violations causing surcharges.
- Change of address, placing you in a new area that may be more expensive regarding insurance.
- New drivers added to the policy or changes of the primary drivers of various vehicles on the policy.
- Cancellation of home policy, or other policy causing you to lose the discount for having more than one policy with the same insurer.
- The removal of a vehicle from the policy. Sometimes you get discounts for insuring more than one car. If you remove your second car, the price of insurance on the first car might go up.
- Change of employment. You may lose a group discount, a professional discount, or if you have to change the distance of your work commute, these factors can result in making your premium go up.
- Medical conditions that increase your risk, or restrictions that cause reclassification to high-risk insurance due to convictions like drunken driving charges will also have an effect.
- Mistakes. There are computer and human errors that can occur, so it is always worth reviewing the factors with your representative when you're in doubt.
- Changes to the payment plan fees or structure on your insurance plan. Sometimes insurance companies change the financing rates or add new service charges that you may not have noticed. Take a look at your payment options and make sure you choose one that best meets your needs. Some companies offer zero financing, and others can charge up to 5% or more. This can impact your actual annual insurance cost.
- Inform your insurance company about the car accident as soon as possible.
- Inform the police in case of accident or theft. Keep the copy of F.I.R. - first information report - with you for claim processing.
- Keep your Policy number, Engine number, Chassis number, Accident details (location, date and time of the accident) and Km. reading of the car - at your fingertips when you contact your insurer (online/offline)
- Provide correct and adequate information about the incident and fill out the claim forms carefully. If necessary ask for help from the team at the insurance company
- Take pictures or make a video of the accident spot which may help the police and the insurers in their investigation.
- Be honest about the incident - Stick to the facts and be accurate in your account. The Insurance company will reject your claim if they find out that the claim is fraudulent.
- Let the insurance company investigate the cause of accident on their end. Do not interrupt their investigation as it may affect the outcome.
- Follow up with the insurance company regularly and update yourself with the claim process.
In addition, some motor insurers offer Optional Extras Benefits that can include No Claims Bonus Protection, windscreen cover, damaged/stolen personal items and emergency/recovery service, as well as cover for a rental car in the event of your own car being off the road.
Do I need car Insurance in Ireland?
Yes. Motor insurance is compulsory in Ireland to protect motorists against liability in the event of a car accident - financial loss for an accident or in the case of fire and theft.
Why does my car insurance go up every year
There are some factors that can make the price of your car insurance increase. Knowing what could make your car insurance go up in price even when you haven't had any claims can help you save money.
Here are some of the factors that increase the price of your Premium:
Remember, however, that there are also the factors "beyond your control" - related to your car and insurance company- that impacts your auto insurance Premium. And now that you understand what drives up the price of your car insurance, you are in a better position to negotiate and find an insurance company that will offer you the best value.
How do I Claim Car insurance?
The procedure varies from one company to another but in general you will need the same basic general information – see list below. Before contacting the insurer, however, carefully check the details of your policy. It is extremely important for you to be confident that in a claims case, you will be covered by your plan.
Tips for filing a car insurance claim:
Why Should you have Car insurance?
Because car insurance is compulsory in Ireland. It is a contract between the driver and the insurance company that aims to protect you against liability in the event of a car accident- financial loss for an accident or in the case of fire and theft.
How can I get free car insurance?
The Irish insurance market is operated by the private sector. Therefore, to insure your vehicle you need to purchase a policy and pay the premium. All types of businesses are based on the principle of mutuality – in short, in exchange for you paying a premium, your insurance company agrees to cover your losses.
Switching car insurance
Policies are generally issued for six-month or twelve-month timeframes and are renewable. The insurance company sends out a notice when it’s time to renew the policy and to pay your premium. However, if you are not happy with your current insurance company and would like to change, it is recommended that you start researching and budgeting other providers at least one month before your current policy expires.
To ensure a successful switch we suggest that you follow these steps: verify your current contract; check the contract length and any potential penalties; make sure your old policy is cancelled; consider your cover options; shop around - research the new company; Log on to InsuranceDeals.ie to find the insurance company that offers the best deal that matches your demands; print out your new car insurance ID cards.