Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, if he will estimate the average savings available from switching car insurance provider rather than being auto-renewed for (a) all consumers, (b) consumers aged over 65 and (c) consumers without internet access.
This is a matter for the Financial Conduct Authority (FCA), who are operationally independent from Government.
The question has been passed on to the FCA. The FCA will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.