car insurance rip off

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 e-petition has been rejected with the following reason given:

E-petitions cannot be used to request action on issues that are outside the responsibility of the government. This includes:

  • party political material
  • commercial endorsements including the promotion of any product, service or publication
  • issues that are dealt with by devolved bodies, eg The Scottish Parliament
  • correspondence on personal issues

E-petitions cannot be used for freedom of information requests.

The following explanatory notes have been added:

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

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Created On

Sunday 20 November 2011

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