How to use a foreign no claims bonus in Ireland
With the economy having picked up and the continuing creation of more jobs, Ireland has become a popular destination for people from all over the world who are seeking work opportunities and a brighter future. Moreover, Ireland is also attracting its own citizens who left the country during the recession and are now returning home to take advantage of the improved economic situation in their homeland.
When we move from one country to another, it can be a stressful time with a multitude of things to organise in our new country. For people who plan to drive in Ireland, aside from buying a car, there are a couple of other essential factors related to driving in Ireland that they must take into consideration. For example, drivers who do not have an Irish driver’s licence must find out what steps they need to take in order to get one. They must also look into car insurance and enquire as to whether their no claims bonus for the driving experience they have in their previous country of residence will be valid in Ireland. This is very important because those unable to avail of this discount face a very high, if not prohibitive, insurance premium.
At TranslateMyCert, we would like to provide you with information about your foreign no claims bonus and how, if possible, to apply it in Ireland.
Elevated premiums for drivers who do not have a no claims bonus
Normally, people who previously drove in Ireland but left the country will lose their no claims bonus unless they return to Ireland within two years of the expiry of their insurance policy.
If it is your first time driving in Ireland and you do not have a no claims bonus, you will find yourself in the same situation as past Irish residents whose insurance policy expired more than two years ago. If you do not have any no claims bonus, the bad news is that you will likely be quoted exorbitant insurance premiums.
How you may be able to lower your insurance premium with the help of your foreign no claims bonus
Even if you are returning to Ireland or just starting your life in the Emerald Isle, car insurance need not be prohibitively expensive. If you had continuous car insurance coverage in your own name and earned a no claims bonus within the past two years, some insurers will accept your foreign no claims bonus. This is especially true if you were resident in the UK, the EU, Australia, New Zealand or the USA.
How to apply your foreign no claims bonus in Ireland
In order to avail of a no claims discount, you will need to provide your insurance company in Ireland with a letter from the car insurance company you had a policy with abroad. The letter must prove that you had continuous car insurance coverage in your own name. You must also send a copy of your foreign no claims bonus.
How TranslateMyCert can help you
If your driving experience was in a non-English speaking country, you will need to have the letter from your insurer and the no claims bonus certificate translated into English. At TranslateMyCert we are here to help you with this. All you need to do is upload a copy of your document(s) to our website and we will be happy to provide you with a free quote.