Rejected petition Ensure regulation of motor insurance premium prices

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

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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

This petition was rejected

Why was this petition rejected?

There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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

Place a Cap on Motor Insurance Premium Increases: https://petition.parliament.uk/petitions/649918

Create a state-owned car insurance provider: https://petition.parliament.uk/petitions/656026

Introduce fixed prices for car insurance based on power to weight ratio and age: https://petition.parliament.uk/petitions/646793

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

Date submitted 25 March 2024
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