Navigating the Road: Our Top 10 Frequently Asked Car Insurance Questions in Ireland

Motor insurance is a critical to any responsible vehicle owner, ensuring financial protection and peace of mind on the roads. In Ireland, where the scenic landscapes intertwine with bustling urban centres, where you can often be driving on a motorway that quickly transitions to dual-carriageway, where the speed limit is 80Km/h, then suddenly you are on a rural road where the speed limit shifts to 100 km/h. Understanding the ins and outs of car insurance is crucial. At Dolmen Insurance, we cater for all types of drivers and vehicles. From electric and hybrid motors, to high performance sports cars, right down to those looking to insure their first car. Over the past 25 years, we have seen every type of policy and heard almost every car insurance question there is. To demystify this complex topic, we've compiled our top 10 most frequently asked car insurance questions from our Irish customers.

1.     What Types of Car Insurance Are Available in Ireland?

In Ireland, there are three main types of car insurance: Third-Party; Third-Party, Fire and Theft; and Comprehensive. Each type offers a different level of coverage, from basic protection for third-party damages, to comprehensive coverage, including damage to your own vehicle.

2.     How is a Car Insurance Premium Calculated in Ireland?

Your insurance premium in Ireland is determined by a variety of factors, such as the driver's age, driving experience, type of coverage, the make and model of the car, and the driver's claims history. Understanding these factors can help individuals make informed decisions and potentially lower their premium.

3.     What is a 'No Claims Bonus' (NCB) and How Does it Work?

No Claims Bonus is a reward for drivers who do not make claims during their policy period. Accumulating NCB can lead to substantial discounts on your future premium. However, it's essential to know how NCB is affected when switching insurers, and how to protect it. Talk to a member of our car insurance team to find out more.

4.     Is Windscreen Cover Included in all Car Insurance Policies?

Windscreen cover is often an optional add-on to car insurance policies in Ireland. Drivers should enquire about this coverage, as it can be crucial in repairing or replacing a damaged windscreen without affecting the no claims bonus. A windscreen can be expensive if you need to replace one, so having this option on your policy, even at a small additional cost, is often worth the investment.  

5.     Can I Drive Other Cars with My Car Insurance?

The ability to drive other cars depends on the type of insurance policy you hold. Some policies offer this feature as standard, while others may include it as an optional extra. It's crucial to check the policy details to avoid any legal complications.

6.     Are Young Drivers Penalised in their Car Insurance Premium?

Young and inexperienced drivers typically face a higher insurance premium, due to the perceived higher risk. Some insurers offer telematics or "black box" insurance, where a device monitors driving habits, potentially leading to lower premium for safe driving. At Dolmen, we have a dedicated team of young driver insurance officers who will search the market to find you the most affordable insurance protection at the best price.

7.     What Happens if I Have an Accident with an Uninsured Driver?

In Ireland, the Motor Insurers' Bureau of Ireland (MIBI) provides compensation for victims of accidents involving uninsured or unidentified vehicles. Understanding the MIBI's role is essential for drivers seeking compensation in such unfortunate events. 

8.     Can I Cancel My Car Insurance Policy at Any Time?

Car insurance policies in Ireland typically run for a fixed term, and cancelling mid-term may incur fees. It's important to review the cancellation terms in the policy and understand any potential penalties before making changes.

9.     What Factors Affect the Cost of Car Insurance for Electric Vehicles?

With the rise in the number of electric vehicles, understanding how they impact insurance premium is crucial. Factors such as the cost of repairs, availability of spare parts, and the technology involved can influence insurance costs for electric cars. Dolmen Insurance have a dedicated team of EV insurance experts who will help you find the right cover and protection for you and your vehicle. 

10.  How Does Gender Affect Car Insurance Premiums in Ireland?

In Ireland, gender is a factor that insurers can consider when calculating premiums. However, the impact of gender on your premium has decreased due to European Union regulations. It's essential to be aware of this aspect and its potential influence on insurance costs.

Navigating the intricacies of car insurance in Ireland requires a comprehensive understanding of policies, coverage options, and the factors that influence your premium. It is always recommended that you talk to a qualified insurance advisor who will advise you on the best option available to you. By addressing these frequently asked questions, drivers can make informed decisions, ensuring they are adequately protected on the Irish roads. Remember, staying informed and regularly reviewing your policy can lead to, not only cost savings, but also greater peace of mind while driving. Protect you, your family and your vehicle. Talk to our team today. 

To find out more:
Call us on: 01 -  8022 370
Visit: www.dolmen-insurnace.ie
Email: info@dolmen-insurance.ie

Dolmen Insurance Brokers ltd is regulated by the Central Bank of Ireland

The information contained in this podcast is based on sources that we believe are reliable and should be understood as general risk management and insurance information only. It is not intended to be taken as advice with respect to any specific or individual situation and cannot be relied upon as such.