Submitted on Monday 29th January 2024
Rejected on Thursday 8th February 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
Reduce the price of car insurance policies.
Implement a capped price on car insurance depending on the valuef of the car. For example, a car worth £1000 pay 10% of that value as insurance (experienced drivers). Put in a 40% capped price on the car depending on the engine size of the car price of the car and age of the driver (young drivers).
There is a horrendous cost of living crisis Britain is battling through at the moment. The government needs to try and support the people who need it most, as much as they can. We believe by enforcing this within insurance businesses it can help stop greedy corporations receiving large profits while the rest of society suffers. An example being, Admiral said its group pre-tax profit had increased 4% during the first half of the year to £233.9m. Another statistic to illustrate this unjust situation may be, On Wednesday, the Office for National Statistics revealed that the quoted price for car insurance premiums across the industry had risen by 53.4% over the 12 months to July. Reference The Guardian Wednesday 16/08/2023.
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:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
We have published the following petitions, which you might like to sign:
Introduce fixed prices for car insurance based on power to weight ratio and age: petition.parliament.uk/petitions/646793
Establish a Commission to investigate extortionate Car Insurance price rises: petition.parliament.uk/petitions/644067
18.227.0.192 Sun, 05 May 2024 07:15:34 +0100
