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Friday, 13 November 2026 at 11:10

One in five customers remain on their existing plan without exploring alternatives.

Drivers can save €300 on insurance by comparing insurance quotes.

That's according to a new analysis from the Central Bank, which says one in five renew their existing plan without engaging with their provider.

The report shows consumers who do not compare quotes, could be losing out on a better price or more suitable cover.

Earlier this year, the Government launched a motor insurance transparency code.

Minister of State at the Department of Finance, Longford-Westmeath TD Robert Troy, says it empowers consumers to make better decisions:

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