Home insurance premiums up by 22% - Cork's 96FM

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According to the Central Statistics Office, home insurance premiums have risen by 22% over the past year. These premiums have skyrocketed above the average level of inflation in Ireland.

Daragh Cassidy, Head of Communications at, appeared on Cork's 96FM to discuss what these price hikes mean to consumers and how switching providers can help you cut your home insurance premium

Main points from the interview 

  • People who have or are looking to purchase home insurance should either shop around or negotiate with their insurance provider to get the best value policy on the market. 
  • The end of price walking and construction inflation has caused home insurance costs to rise. 
  • You should use the figure you are quoted on your home insurance renewal letter as the maximum amount of money you should pay for your new policy. 
  • Take advantage of the new customer discounts offered by insurers. This could see you saving 10 - 20% on your car insurance premium.
  • If you get your home insurance with the bank you have your mortgage with you may be overpaying on your premium. 
  • The free home insurance service on allows you to find the best value policy on the market. 

Helpful home insurance guides

Take a look at our home insurance guide series on to find out how you can cut the cost of your premium today. 

You can stay up to date on the latest home insurance news and helpful information by keeping an eye on our blogs and guide pages.

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