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FCA to ban car and home insurance ‘loyalty penalty’ in January: will you save money?

FCA to ban car and home insurance ‘loyalty penalty’ in January: will you save money?

The practice of charging customers more the longer they stay with the same insurer will be banned from January 2022. Find out how much you could save.

Six ways your insurance could change in 2020

Six ways your insurance could change in 2020

Here we look at six of the most significant proposals that could affect your insurance in the year ahead – and the steps you can take now to get the best deal.

Car and home insurance ‘loyalty penalty’ could be banned

Car and home insurance ‘loyalty penalty’ could be banned

The FCA has vowed to crackdown on unfair insurance pricing practises including banning the 'loyalty penalty' and automatic renewals.

Firms could be fined by CMA for breaking consumer law

Firms could be fined by CMA for breaking consumer law

The Competition and Markets Authority could be given new powers to fine firms that overcharge or mislead customers, under new rules proposed by the government.

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