New FCA car insurance Regulation Jan2022

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mik
Posts: 11770
Joined: Wed Apr 11, 2018 6:15 pm

New FCA car insurance Regulation Jan2022

Post by mik »

https://www.fca.org.uk/news/press-relea ... ce-markets

Interesting. Affects house insurance also.I hadn’t heard about it til today.

Maybe the days of receiving a renewal and cycling round to get enough info to go back and negotiate with your existing provider are over….? :o

Hopefully @Alex88 has some additional “insider” insights too.
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Mito Man
Posts: 9882
Joined: Wed Apr 11, 2018 4:27 pm

Re: New FCA car insurance Regulation Jan2022

Post by Mito Man »

It was in the news quite a bit when first announced. The general consensus at the time seemed to be that the new customer discount would be removed by most firms and instead everyone would just get shafted instead.
How about not having a sig at all?
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mik
Posts: 11770
Joined: Wed Apr 11, 2018 6:15 pm

Re: New FCA car insurance Regulation Jan2022

Post by mik »

Oh. Happy days then.
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