Many drivers, like Michelle from Kildare, are facing significant increases in their car insurance premiums, even without any claims or changes in their circumstances. The average motor insurance premium in Ireland has risen to €655 in the first half of 2025, reflecting a 4% increase from the previous year due to rising repair costs and more expensive replacement parts.

Despite expectations that premiums would decrease following the ban on price walking, the reality is that insurers can still raise prices based on higher claims costs and inflation. The ban prevents insurers from charging existing customers more than new customers with similar risk profiles, but it does not stop overall premium increases.

Consumers are advised to obtain quotes from multiple insurers or brokers to compare coverage options. It is crucial not to accept the first renewal quote and to consider various factors such as excess, windscreen cover, and optional extras. Many insurers may be willing to negotiate their renewal offers to retain customers.

If a consumer decides to switch insurers, the process is generally straightforward. The current insurer should provide proof of the no-claims bonus, which is necessary for the new insurer. It is important to ensure that new coverage is in place before canceling the existing policy to avoid any gaps in insurance. A 14-day cooling-off period typically allows consumers to cancel the new policy if they change their minds.

To avoid last-minute decisions, consumers should set reminders to start comparing quotes well before their renewal date. The website ccpc.ie offers practical advice on comparing policies and understanding renewal notices.