Regulate car insurance to cap costs and make dependent only on driver and car

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Regulate car insurance to cap costs and make dependent only on driver and car

Petition Details

Regulate the car insurance industry to ensure premiums only differ due to your driving history and car, not what other drivers do. There should also be caps on premiums, for example car insurance shouldn't be more than 10% of the car’s value.

Additional Information

Many working people need their car to travel to work and provide for their family. We believe car insurance prices are destroying people’s lives due to the fact of often having to pay the car’s value multiple times a year and randomly increasing due to what other drivers do. We believe it is 100% unfair to have to pay so much due to what other drivers do. We want the Government to regulate the insurance industry.

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