Rejected petition Fair Insurance for Young Drivers: Stop the Skyrocketing Costs

Introduce regulation to cap insurance premiums for young drivers, ensuring they are not disproportionately high compared to other age groups.
Encourage competition within the insurance market, enabling more affordable and accessible options for young drivers.

More details

The government should implement stricter regulations to prevent insurance companies from charging extortionate prices. They can introduce price caps, ensure transparency in premium setting, and enforce competitive practices to reduce monopolistic behavior. Additionally, promoting the use of independent oversight bodies can ensure fair pricing. Offering subsidies or tax incentives to encourage competition and innovation in the insurance sector would help drive down costs for consumers.

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.

You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/703058

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

Date submitted 6 April 2025
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