Motor Vehicles: Insurance

(asked on 18th December 2023) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to the Answer of 13 December 2023 to Question 5413 on Motor Vehicles: Insurance, if he will make an assessment of the impact of increases in the cost of insurance on (a) elderly people and (b) people in other age groups.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 10th January 2024

It is the responsibility of individual motor insurers to set their premiums and the terms and conditions of their policies, and the Government does not intervene or seek to control the market.

The Government is determined that insurers should treat customers fairly and firms are required to do so under Financial Conduct Authority rules.

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