Submitted on Monday 25th March 2024
Rejected on Monday 8th April 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
Ensure regulation of motor insurance premium prices
I would like the government to ensure that motor insurance companies in the UK are not able to exploit UK motorists through the production of excessively high insurance policy premiums against a backdrop of record profits for insurance companies and a cost of living crisis
Motorists in the UK have to by law hold a valid motor insurance policy when driving a motor vehicle. Recent times has seen a excessive rise in insurance premium prices where customers are experiencing an astonishing rise in their premiums where there are no change in individual circumstances and insurance companies are not able to quantify the reasons for such policy premium increases. Insurance companies are holding motorists to ransom as UK law requires this type of policy to be in place
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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:
Place a Cap on Motor Insurance Premium Increases: petition.parliament.uk/petitions/649918
Create a state-owned car insurance provider: petition.parliament.uk/petitions/656026
Introduce fixed prices for car insurance based on power to weight ratio and age: petition.parliament.uk/petitions/646793
3.143.5.248 Tue, 05 Nov 2024 14:02:49 +0000
