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18 - 25 Car Insurance to be capped at £1000 or Regulations to cap prices.

Submitted on Saturday 26th November 2016

Rejected on Friday 2nd December 2016

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

18 - 25 Car Insurance to be capped at £1000 or Regulations to cap prices.

Petition Details

Supposedly our government is against discrimination, but when it comes to car insurance young people get bombarded with costs and bills for the car. Insurance being the most ridiculous. So please make some kind of monitoring system or a governing body for this issue.

Additional Information

I am paying £1400 a year for a 16 year old Vauxhall Astra that costed £900. In what world is this acceptable? All young people driving are having to pay this.
Example:The average price for someone in their 30's is just over £400, which is reasonable. Then someone in their 50's is just over £200. But when you look at an 18-25 year old it is nearly £1300. I do understand that experience is very important in this issue, but paying well over £1000 a year to be able to get to work every day is a joke


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This petition was rejected

The Government e-Petitions Team gave the following reason:

The cost of car insurance is a decision for insurance companies to make, rather than the Government or Parliament.

You could start a petition asking for tighter regulation of car insurance costs, or asking the Government to work with insurance companies to lower the costs.

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