Wondering why you’re facing such expensive car insurance in Northern Ireland? In this blog, we’ll explore whether car insurance premiums have risen over the last few years in Northern Ireland – as well as what could be causing this.
Have car insurance premiums risen in the last few years for Northern Ireland?
Car insurance premiums have unfortunately risen quite substantially over the last few years in NI. Belfast Telegraph suggests that prices were at a two-year high at the start of 2020, with motorists paying a whopping £1,000 for car insurance cover on average.
This is hundreds of pounds more than the UK average – but what’s causing such a wide disparity, and is there anything that drivers from Northern Ireland can do to reduce their premiums?
Why is car insurance so expensive in Northern Ireland?
It’s thought that the main reason car insurance is so high in Northern Ireland is because people are less likely to shop around for better premiums when their insurance is up for renewal.
Roughly 45% of people in Northern Ireland stick with the same insurance provider, while only 30% do so in England. This goes to show how important it is to shop around a number of different insurance providers even if you feel like you’re getting a good deal.
Take a look at our blog on ‘How can I reduce insurance costs in Northern Ireland?’ to find out other reasons car insurance in Northern Ireland is so expensive and what you can do to reduce premiums.
Get affordable insurance with Sterling NI
If you’re facing high insurance premiums, call Sterling NI on 0344 381 9990 for competitively priced car insurance. Our policies can be tailored to your needs, meaning you won’t need to pay extra for features you don’t want.
