We sell a policy every two minutes ^

We sell a policy every two minutes ^

Protecting customers with insurance since 2001

New FCA pricing regulation

What you need to know about the new regulations and some frequently asked questions

A quick overview to the new FCA pricing changes

If you’re an existing home or motor insurance customer, you won’t pay more than a new customer for an equivalent policy. Prices can still vary depending upon how you set up your policy (e.g. directly from an insurance provider’s website versus through a price comparison site). 

The Financial Conduct Authority (FCA) is implementing these pricing regulations, which focus on home and motor insurance. We welcome these reforms to make the pricing of policies fairer and have been working closely with the FCA and the Association of British Insurers (ABI) to help shape the rules. 

There are additional changes around giving clearer information about payment options and making sure that customers find it easy to stop their policy from automatically renewing if they want to. 

The new rules affect the whole market and every insurance provider must adhere to them. Plus, we’ll all be reporting back to the FCA on our new pricing structures to help them check that the rules are being followed.