Insights: Why Car Insurance is More Expensive in Northern Ireland

The cost of car Insurance can vary for a number of reasons, and one key factor is where you live. It is accepted that traditionally car insurance in NI is more expensive than on the mainland, but why? Below, we highlight some of these reasons:

Higher levels of claims: Some studies have suggested that Northern Ireland has a higher rate of accidents and claims than other parts of the UK. This may be due to a range of factors, such as more challenging driving conditions or higher levels of traffic.

Less Competition : The insurance market in Northern Ireland is relatively small compared to other parts of the UK. In addition, in recent years, the small local brokers are now being bought by the big insurance names in NI. Less competition will usually result in paying higher prices for any type of service, including car insurance.

Historical factors: At the time this was a factor as many cars were hijacked and burnt out, but thankfully this no longer applies.

These are just a few factors that may contribute to higher insurance costs in Northern Ireland. It’s worth shopping around and comparing prices from different insurers to ensure you’re getting the best deal possible.

Eamonn Turley, Director, at InsuranceQuotesNI.co.uk  and MultiQuotetime.com says: “With local NI brokers selling out to the big names, it’s time to forget loyalty and make a point of always checking for a better deal come policy renewal time. “

Temporary Car Insurance Now Available in Northern Ireland

Temporary car insurance is now a popular option for those after short term car insurance. Lost of providers now offer this type of cover, but only a few will cover NI residents, Goshorty is one of the few, and they have teamed InsuranceQuotesNI to offer short term car insurance in Northern Ireland 

Temp car insurance, also known as short-term car insurance, can have a number of advantages for certain situations. Here are some of the benefits of temporary car insurance:

Flexibility: Temporary car insurance can be a good option if you only need coverage for a short period of time, such as a few days or weeks. This can be useful if you’re borrowing a car from a friend or family member, or if you’re renting a car for a short period.

Cost-effective: If you only need coverage for a short period, temporary car insurance can be more cost-effective than taking out a full annual policy. This is because you only pay for the time you need, rather than paying for an entire year’s worth of coverage.

No impact on the car owner’s no claim’s history : If you are borrowing a car, taking out your own temp cover will protect the car owner’s no claim policy as it is a separate policy. 

Final thoughts, always shop around to find the best deal on temporary or annual car insurance.