Petition · past parliament
Taxi Trade against extortionate reserves added to insurance policies
Rejected
15 signatures
What the petition asks
To stop insurance companies from putting massive reserves against taxi companies and drivers when the accidents are not our faults
Why it was rejected
It asked for something that is not the responsibility of the UK Government or Parliament.
The identification of risk and resulting pricing and structure of insurance premiums is a matter for individual insurers, not the UK Government or Parliament.
If you wish to complain about a particular insurance company, you can do so through the Financial Ombudsman Service. You can find out more about how to do this here: https://www.financial-ombudsman.org.uk/consumers/complaints-can-help/insurance and here: https://www.financial-ombudsman.org.uk/businesses/complaints-deal/insurance.
If you wish to complain about a particular insurance company, you can do so through the Financial Ombudsman Service. You can find out more about how to do this here: https://www.financial-ombudsman.org.uk/consumers/complaints-can-help/insurance and here: https://www.financial-ombudsman.org.uk/businesses/complaints-deal/insurance.
Timeline
| 30 Apr 2021 | Petition opened for signatures |
| 5 May 2021 | Rejected by the Petitions Committee |
Key facts
Signatures
15
Status
Rejected
Rejected
5 May 2021
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Source: the official petition page. Last checked 15 Jul 2026.