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Legislate an affordable car insurance maximum premium for younger drivers.

Submitted on Sunday 20th January 2019

Published on Tuesday 29th January 2019

Current status: Closed

Closed: Monday 29th July 2019

Signatures: 118

Tagged with

Economy ~ UK

Petition Action

Legislate an affordable car insurance maximum premium for younger drivers.

Petition Details

The current ability for insurance companies to charge in excess of £1500 for a 1lt small car for younger drivers is a detriment to the ability of young people to make themselves mobile and thus employable. I would ask that the house assesses the possibility of a price cap for Car insurance in the UK

Additional Information

Of course, it is expected that more powerful vehicles are charged at a higher premium, however, the government's ability to help young people become more mobile within the uk offers huge benefits to both the individual and the winder economy. It is argued that the leading cause of unisured drivers in the uk is cost and so this practice also could contribute to a reduction of uninsured deivers on the road thus elevating some risk to other drivers. Let us not price young people out of mobility.


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