Rejected petition car insurance rip off

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The fact that you require car insurance as a legal re quirement to drive a car on the highway and that the insurance companys can do what they like with the premiums to buy said insurance without any sort of control and no other option for consumers to go for amounts to a monopoly.
Insurance industry requires overhaul and regulation and give people a chance to drive initially at a reasonable price,if they have a claim as there fault then adjust the premium.The excessive thousands of pounds demanded for younger drivers is not affordable for them and there familys so they can not drive and gain valuable experience needed to gain no claims discount.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

This is a matter for the insurance industry, which is regulated by the Financial Services Authority.

We only reject petitions that don’t meet the petition standards.

Date submitted 20 November 2011
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