Ensure regulation of motor insurance premium prices

Rejected 12 signatures

What the petition asks

I would like the government to ensure that motor insurance companies in the UK are not able to exploit UK motorists through the production of excessively high insurance policy premiums against a backdrop of record profits for insurance companies and a cost of living crisis

Motorists in the UK have to by law hold a valid motor insurance policy when driving a motor vehicle. Recent times has seen a excessive rise in insurance premium prices where customers are experiencing an astonishing rise in their premiums where there are no change in individual circumstances and insurance companies are not able to quantify the reasons for such policy premium increases. Insurance companies are holding motorists to ransom as UK law requires this type of policy to be in place

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

We have published the following petitions, which you might like to sign:

Place a Cap on Motor Insurance Premium Increases: Place a Cap on Motor Insurance Premium Increases

Create a state-owned car insurance provider: Create a state-owned car insurance provider

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

Timeline

25 Mar 2024	Petition opened for signatures
8 Apr 2024	Rejected by the Petitions Committee

Key facts

Signatures 12

Status Rejected

Rejected 8 Apr 2024

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