Submitted by Alex Docherty on Wednesday 2nd September 2020
Published on Tuesday 8th September 2020
Current status: Closed
Closed: Monday 8th March 2021
Signatures: 20
Ban the automatic renewal of contracts for insurance products
Many insurance companies use automatic renewal of contracts to increase prices and make it difficult to cancel policies. This can cost consumers hundreds of pounds.
Disadvantaged people in particular can be at a greater risk of paying higher premiums due to this practice. I have had to contact a company via phone, rather than being able to cancel a contract online, left me even more out of pocket.
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