Look into unjustifiable increase in car insurance premiums in the UK

Rejected 10 signatures

What the petition asks

Investigate the factors contributing to these inflated premiums By scrutinizing insurance companies' practices, transparency and fairness within the industry can be ensured This investigation will help determine if the increases are warranted by risk assessments and market fluctuations or for profit

The rise in car insurance premiums has placed an immense financial burden on everyone nationwide. Policy holders are already grappling with the economic crisis, these unjustifiable increases further burden their financial difficulties and hinder their ability to afford essential transportation. An oversight is necessary to protect consumers during this financial crisis. Monitoring insurance companies' will ensure that car insurance remains affordable and accessible to all citizens.

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

We can only accept petitions about things the Government or Parliament are directly responsible for.

Decisions about investigating competition and consumer issues are a matter for the Competition and Markets Authority (CMA), not the UK Government or Parliament.

You can find out how to report competition, consumer or market problems to the CMA here: https://www.gov.uk/guidance/tell-the-cma-about-a-competition-or-market-problem

Timeline

21 Jul 2023	Petition opened for signatures
31 Jul 2023	Rejected by the Petitions Committee

Key facts

Signatures 10

Status Rejected

Rejected 31 Jul 2023

Follow this petition