Skip to main content

Written question asked by Marquess of Lothian (Conservative) on Wednesday, 5 July 2017, in the House of Lords. It was due for an answer on Wednesday, 19 July 2017. It was answered by Lord Callanan (Conservative) on Wednesday, 19 July 2017 on behalf of the Department for Transport.


Motor Insurance: Fees and Charges

Question

Her Majesty's Government what meetings they have held with representatives of the insurance industry to address rises in car insurance policy premiums faced by drivers.

Answer

The Department for Transport has held a number of recent discussions with the motor insurance industry, for example to discuss young driver safety and technology measures, and changes to the personal injury discount rate which affect on the cost of insurance.

The Queen’s Speech, on 21 June, confirmed that a Civil Liability Bill will be introduced to tackle the continuing high number and cost of whiplash claims and to help reduce motor insurance premiums.

The pricing of insurance products is a commercial matter for individual insurers in which the Government does not seek to intervene.


Secondary information

Type
Written question
Reference
HL518
Session
2017-19
Subjects
Fees and charges Motor insurance
Link
View this Written question on www.parliament.uk