by NCI
28. July 2011 09:26
Following on from the Department of Transport’s inquiry into the huge increase in car insurance premiums over the course of last year, it has been announced that its findings are to be expected ‘shortly’
The road safety minister – Mike Penning, the Conservative MP for Hemel Hempstead – announced that the initial delay in response to the Transport Select Committee’s findings had been as a result of the motor insurance area being ‘complex’.
Since it’s initial findings, the Transport Select Committee have announced that they will be re-opening the case on motor insurance because concern regarding referral fees has continued to grow alongside the cost of insurance policies.
Speaking on the issue, Mr Penning stated that ‘We are committed to tackling the rising cost of insurance and are treating this response to the select committee’s useful report as a priority. We are working on how insurers could confirm details such as a driver’s motoring offence record with the DVLA to deal with those drivers who fail to fully disclose endorsements when applying for insurance.’
The areas that the initial Select Committee had highlighted included the tackling of fraud, personal injury claims, younger drivers and motorists who remain uninsured. The later has already been dealt with the new law that dictates all cars must be uninsured, whether they are driven or not.
To find out more from the UK motoring industry, continue to check into the Rescue My Car blog