While inflation has been easing, the price of car insurance is still rising sharply

The average quote for comprehensive cover on comparison website Quashed, has increased 41-percent in the past two years.

Average quotes for home and contents insurance have risen 31-percent over the same period.

Business reporter Michael Sergel says prices still vary a lot between plans and providers -- with comprehensive cover for a 2020 Toyota Corolla in Auckland, ranging from 960 dollars, to almost double that.

Adjusting excess and sum insured amounts could cut premiums by a third, while switching to third party can reduce premiums by almost two thirds.