Petitions/Car insurance annual premiums should not cost more than the vehicle value
StatusOngoing
Opened25 Mar 2026
Closes—
Government response—
Parliamentary debateNot eligible
Milestones—

I would like for Parliament to introduce legislation enforced by the FCA (Financial Conduct Authority) to cap car annual insurance premiums at the value of the vehicle for car insurance companies.

This is because insurance premiums for newer drivers can often exceed the price of the vehicle they are driving, making it unaffordable for many drivers.

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Constituency engagement ranking

Clive Lewis
1Clive Lewis MP
Norwich South
4
Phil Brickell
2Phil Brickell MP
Bolton West
2
Dáire Hughes
3Dáire Hughes MP
Newry and Armagh
2
Susan Murray
4Susan Murray MP
Mid Dunbartonshire
2
Dawn Butler
5Dawn Butler MP
Brent East
1
Alex Burghart
6Alex Burghart MP
Brentwood and Ongar
1
Darren Jones
7Darren Jones MP
Bristol North West
1
Christian Wakeford
8Christian Wakeford MP
Bury South
1
Bobby Dean
9Bobby Dean MP
Carshalton and Wallington
1
Taiwo Owatemi
10Taiwo Owatemi MP
Coventry North West
1