Car insurance annual premiums should not cost more than the vehicle value
I would like for Parliament to introduce legislation enforced by the FCA (Financial Conduct Authority) to cap car annual insurance premiums at the value of the vehicle for car insurance companies.
Signatures
29
signatures
Government response threshold (10,000) · 29/10,000
Debate threshold (100,000) · 29/100,000
- 25 MAR 2026Petition opened for signaturesCreated by Toby S Robinson
Background
This is because insurance premiums for newer drivers can often exceed the price of the vehicle they are driving, making it unaffordable for many drivers.