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Proceeding contribution from Bill Wiggin (Conservative) in the House of Commons on Friday, 14 March 2008. It occurred during Debate on bill on Animals Act 1971 (Amendment) Bill.


Animals Act 1971 (Amendment) Bill

The size of the premium reflects the risk. The risk is not necessarily in the number of claims but in their size. The insurance company essentially needs to gets its money back and that is why the breadth of the liability, not the number of cases or claims, causes the premium to go up.


Secondary information

Type
Proceeding contribution
Reference
473 c527 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Animals Damage Liability Horse riding Insurance Horses Rural areas Urban areas
Legislation
Animals Act 1971 (Amendment) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk