Car insurance is a cost that can’t be avoided, and for many, it is an expensive one. We’ve taken a look at car insurance in Ireland so that you are best equipped to get a deal that suits you. From the general cost to the cheapest areas to insure in, to the most popular insurance companies, we have you covered. Get to grips with car insurance and unlock our top tips to help you save when that insurance renewal next comes around.
How Is Car Insurance Calculated?
How Your Job Title Impacts Your Car Insurance
The Most Popular Car Insurance Companies In Ireland
How To Get Cheap Car Insurance
How Is Car Insurance Calculated?
There are plenty of factors that come together to work out how much car insurance you pay. Here are some of the main factors:
- Your age: the older you are, the lower your car insurance tends to be.
- Driving experience: the more experienced you are, the lower your car insurance.
- Your car: if you choose a car that’s been in plenty of crashes historically, your premiums will be higher.
- Job title: the line of work you are in has an effect.
- Driving history: if you have a clean driving record, your insurance should be lower.
Car Insurance: The Numbers
These figures have been provided by Chill Insurance, a car insurance company in Ireland.
Car insurance can range anywhere from €540 to €915 in Ireland per year. In terms of area, the most expensive province to live in is Leinster (€700 a year), and the cheapest is Connacht (€638 a year). The cheapest county in Ireland is Kilkenny (€541 a year), and the most expensive is Longford (€915 a year). As you can see, the area you live in has a massive effect on how much insurance you pay. Previous incidents in each area helps contribute to how much insurance costs there. Areas with less collisions and accidents tend to have lower insurance premiums.
This isn’t the only factor, as mentioned earlier, and your age can have a big impact on your premiums. As you can expect, the most expensive age group is under 19, where you can pay upwards of €1884 a year. At the other end of the spectrum, the 60-69 age bracket is the cheapest, at an average of €445 a year. This is largely based on driving experience, with older people seen as having more experience on the road. This is backed up by the figures, which show that new drivers pay on average €1322 for car insurance, vs only €487 for drivers of more than 30 years.
The type of car you choose is important, too (down emoji).
The top five cheapest car brands to insure are:
- Dacia (€537)
- Kia (€576)
- Hyundai (€603)
- Skoda (€608)
- Nissan (€626)
How Your Job Title Impacts Your Car Insurance
Believe it or not, the job title you hold can also impact your insurance premiums. The cheapest job titles for car insurance in Ireland are as follows:
- Prison Officer (€413)
- Book Keeper (€461)
- Retired (€474)
- Medical Secretary (€486)
- Garda (€503)
The Most Popular Car Insurance Companies In Ireland
There are plenty of car insurance companies to choose from in Ireland, ensuring you have the best chance of getting a great deal. Here are some of the most popular car insurance companies in Ireland:
- Chill Insurance
- Aviva
- Axa
- Allianz
- AIG
- 123 Car Insurance
- Liberty Car Insurance
How To Get Cheap Car Insurance
Getting the best deal on your car insurance is a priority for many, so we’ve put together our top tips to get a deal that suits you. Put our advice into action and hopefully save some pennies on your next insurance payment.
Add An Experienced Driver To Your Policy
Adding an experienced driver to your policy can bring down costs massively. To an insurance company, having an experienced driver on your policy makes you more trustworthy as a driver and someone who’s less likely to have incidents on the road. Of course, adding someone to your policy will cost money, but you will save on premiums overall.
Consider Black Box Car Insurance
Adding a black box can bring down your costs massively. A black box is like a virtual assessor that monitors your driving. This helps lower your premiums as it allows the insurance provider to monitor your driving and shows you as an open and honest driver.
Shop Around For The Best Deal
With the ability to get car insurance online, you can avoid the awkward rejection you previously would have to deal to a service provider. This puts the power completely in your hands, where you can visit multiple sites and compare quotes to get the best deal for you. Sites like GoCompare are fantastic for this and can help you find the cheapest deal. Don’t be afraid to get multiple quotes and compare what each offers vs the overall price and make an informed insurance decision that suits you.
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Insuring A Car If You Are Entering Ireland
If you hold a UK driving licence, you will have third-party cover in Ireland. If you have a comprehensive policy, it’s best to check what stays or remains when you drive in Ireland. Comprehensive insurance can be a good idea if you want to guard against any potential issues, albeit at a greater financial cost. What this cost does do, though, is protect you in a potential future incident.
Sounding Off On Car Insurance
Car insurance is a big cost, and one that you should try and save on as best you can. As we explored, there are plenty of factors that impact car insurance premiums and plenty of ways to save on your next renewal. Follow our advice and potentially bring down your costs.
Ready to Drive Your Savings Even Further?
Finding ways to save on car insurance is a smart move, but why stop there? At LM Operations, we make car ownership more affordable with tailored car finance solutions designed just for you. Whether you’re upgrading to a more economical car or simply need flexible financing options, we’re here to help you hit the road with confidence.
Take the first step toward your next car today—apply for car finance now.
Representative Example
Borrowing €12,500 over 54 Months with a representative of 17.9% APR, an annual interest rate of 17.9% (fixed) and a deposit of €0.00, the amount payable would be 53 repayments of €327.52 per month, with one final repayment of €526.52 (which includes the option to purchase fee of €199.00), with a total cost of credit of €5,385.08 and a total amount payable of €17,885.08.
LM Operations Ltd are a lender, not a broker. This is for illustrative purposes only and is not a quote or an offer of finance.
Our finance rates vary depend on individual circumstances and is subject to status.