Motor Insurance: Prices
The question
To ask the Secretary of State for Transport, what assessment she has made of the potential implications for her policies of the extra cost of car insurance premiums faced by (a) all drivers and (b) those drivers who have not previously claimed.
Answered by Lilian Greenwood
The Government committed in its manifesto to tackle the high costs of motor insurance. Our cross-Government Motor Insurance Taskforce, launched in October, is comprised of ministers from relevant government departments and the Financial Conduct Authority and Competition and Markets Authority.
This Taskforce has a strategic remit to set the direction for UK Government policy, identifying short- and long-term actions for departments aimed at stabilising or reducing the cost to all drivers, including those who have not previously made a claim on their motor insurance.
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