To: parliament, Financial conduct authority

Cap insurance costs for young and new drivers at no more than £2000 per year.

Cap insurance costs for young and new drivers at no more than £2000 per year.

Why is this important?

Young and new drivers across the UK are being charged excessive and unaffordable car insurance premiums, often exceeding £3,000–£6,000 annually, despite needing vehicles for work, education, and family responsibilities. 

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