Submitted on Wednesday 20th March 2024
Rejected on Thursday 4th April 2024
Current status: Rejected
Rejection code: no-action (see below for details)
Advocate for a Savings-Based Auto Insurance Model for Fairer Premiums
Urge the government to mandate insurance companies to adopt a savings-based system, where premiums fund personal claims accounts, ensuring fairness and responsibility
Current UK car insurance doesn’t reflect drivers’ real risk, leading to unfairly high premiums, especially for safe, experienced drivers. A savings-based model would mean premiums create a personal fund for each driver’s claims, making insurance costs fairer and directly linked to individual driving records, encouraging safer driving and giving drivers more control over their insurance expenses.
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:
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you want to see changes to the way car insurance operates, but we're not sure exactly what system you want the Government to require insurers to introduce. Your petition refers to a "savings-based model", but it's not clear what you mean by this, or how this would lead to fairer premiums.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
18.224.64.10 Tue, 05 Nov 2024 14:06:22 +0000
