Insurers will be forced to explain to drivers why they are increasing their premiums under new government initiative

Fees, discounts and charges must also be made clear as part of voluntary Transparency Code

Motor insurers will be forced to explain to policyholders why they are increasing premiums under a new code

Motor insurers will be forced to explain to policyholders why they are increasing their premiums under the provisions of a new government code.

They will also have to clearly explain premium calculations, outlining fees, charges and discounts.

source

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