Petition · past parliament · Department for Transport

Introduce fixed prices for car insurance based on power to weight ratio and age

Closed 48 signatures

What the petition asks

We would like the Government to help lower the cost of insurance by introducing a statutory fixed-price system with prices based on power to weight ratio of the vehicle and age. Insurers could be allowed to require black boxes if the driver is below a certain age or has limited driving experience.
This could help more people be able to afford vehicles, especially during the cost of living crisis, and also make it more feasible for young people to start driving.

Timeline

9 Oct 2023 Petition opened for signatures
9 Apr 2024 Closed to new signatures

Key facts

Signatures 48
Status Closed
Department Department for Transport
Opened 9 Oct 2023
Closed 9 Apr 2024

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Source: the official petition page. Last checked 15 Jul 2026.