Rejected petition Look into unjustifiable increase in car insurance premiums in the UK

Rejected on 31 July 2023

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 was this petition rejected?

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

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

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