Submitted on Tuesday 24th October 2017
Rejected on Wednesday 22nd November 2017
Current status: Rejected
Rejection code: irrelevant (see below for details)
Prevent the automatic renewal of insurance policies at an increased premium
It is common practice for insurance policies to automatically renew at a higher price than the original premium. If the policy is cancelled after automatic renewal there are fee penalties imposed. Customer confirmation should be required to renew insurance when the cost has increased over the year.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Your petition seems to be calling on insurance companies, not the UK Government or Parliament, to take action.
Insurance companies are regulated by an independent regulator, the Financial Conduct Authority. You can find out more here:
www.fca.org.uk/firms/general-insurers-insurance-intermediaries
3.142.255.23 Thu, 21 Nov 2024 14:57:50 +0000
