Motor Vehicles: Insurance
The question
To ask the Secretary of State for Transport, what assessment has been made of the potential impact of the car insurance taskforce’s recommendations on reducing premiums for consumers.
Answered by Lilian Greenwood
The cross-government taskforce on motor insurance was formed in October 2024, to fulfil the government’s commitment to tackling the soaring cost of motor insurance in the UK.
The taskforce worked across government, bringing together departments and independent regulators to understand the complexities of the market and to agree a set of actions.
Government departments and regulators are acting to address the broader factors that contribute to the cost of claims, such as vehicle theft and the cost of repairs. Though the taskforce has now concluded, the government will continue its work to deliver against the actions set out in the report.
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