A question on #MotorInsurance tabled by Victoria Collins on 30-05-2025 has been answered by Emma Reynolds.

Heading: Motor Insurance
Question ID: 1807703
UIN: 56135
House: Commons
Date tabled: 2025-05-30
Asking Member ID: 5201
Asking Member display name: Victoria Collins
Asking Member handle: TweetingCollins
Asking Member Twitter reference: @TweetingCollins
Member interest: false
Question text: To ask the Chancellor of the Exchequer, what discussions she has had with the Financial Conduct Authority on the potential impact of changes to the costs of car insurance on vulnerable motorists.
Is named day: false
Date of holding answer:
Date answered: 2025-06-09
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4077
Answering Member display name: Emma Reynolds
Answering Member handle: emmaforwycombe
Answering Member Twitter reference: @emmaforwycombe
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Insurers 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. The Government does not set the terms, conditions, or prices for insurance p...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true