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Claims have reduced, costs have reduced but my premium has still gone up. My premiums for 3 vehicles went up 32% this year. No claims either! Perhaps this is in preparation for the the 20% so called discount I am going to receive!
What is the point of a select committee when the gov doesn’t even listen to them?
The government should focus on why so few insurers have the monopoly for motor insurance. New insurers can’t compete when existing insurers own and control body shops and even paint prices, along with their other subsidiaries and transferred profits.
Tackle the monopoly and let market forces prevail. Nobody wants to rely on false promises the insurers won’t keep and the government can’t enforce!
Leave the rights of innocent victims in tact and tackle the root cause. Insurers are the biggest fraudsters not the odd petty whiplash claimant.