Driving is a necessity for Longford student Robin O'Neill, who needs his car to get to work from rural Drumlish.
Robin is a named driver on a Volkswagen Golf, paying €1,800 a year with coverinaclick.ie.
But he wants to get the high costs over and done with now, in the hope that in a couple of years, he will be paying a lot less.
"I had to take out a loan to pay for my insurance," he said.
"So although I'm only working 12-15 hours a week during the college year, I'm paying back €200 a month to the Credit Union. It's tough.
"I'm 20, so I want to take the hit now, so that when I'm in my mid-twenties, I'll be paying a lot less, I hope," he added.
"The next few weeks are going to be interesting, and worrying.
"I'm due to renew at the end of June, so I'm bracing myself for the worst.
"I've had no claims or penalty points, but that's no guarantee my premium will be any cheaper."
Meanwhile, having been driving for over three years, Connie Keane had hoped she would be able to afford a car of her own.
Connie was offered a car earlier in the year, and looked into the finances involved, and although the 21-year old student would have been able to afford to buy the vehicle, the running costs of petrol, tax and insurance have priced her out of the market.
"I'm still driving my mum's car, because it's just a lot cheaper.
"She's the named driver, so I'm only paying €600 a year, whereas if I had my own car and insurance policy, it'd be well over a grand," said Connie.
"It's a bit of a pain, because I don't drink, so to have my own car would make nights out a lot less hassle.
"I'd be able to go where I want, when I want, and not rely on whether the car is free or not," she said.