Motor Vehicles: Insurance

HM Treasury written question – answered on 27th April 2017.

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Photo of Dan Jarvis Dan Jarvis Labour, Barnsley Central

To ask Mr Chancellor of the Exchequer, what plans he has to regulate insurance premiums to protect the no-claims bonus for people who make a claim for no fault of their own.

Photo of Simon Kirby Simon Kirby The Economic Secretary to the Treasury

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

The Government keeps all policy under review and it will be for any new Government to set the direction of future policy on insurance premiums.

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