Written Question·Treasury·UIN 27206
Motor Vehicles: Insurance
Tabled: 29 January 2025
Answered: 4 February 2025
Question
Jamie Stone
Liberal Democrat — Caithness, Sutherland and Easter Ross
To ask the Chancellor of the Exchequer, whether she has made an assessment of the recent increase in motor insurance premiums.
Answer
Emma ReynoldsInsurers make commercial decisions about pricing and the terms of cover they offer based on their assessment on the likelihood of a claim being made and the cost of those claims. Motor insurance premiums have been affected by specific economic factors tha...
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