I am a driver with 9 years of no claims, yet each year my insurance premium has seen significant increases. This is not just my story, but the story of countless drivers across the country. The cost of insuring a car has become exorbitantly high, making it difficult for many to afford. This issue is particularly severe for new drivers who are often expected to pay premiums that are ten times the value of their car.

The current situation seems unjust as insurance companies continue to profit while ordinary people struggle with high living costs. No claim bonuses appear to make little difference in reducing these costs, further exacerbating the problem.

According to a report by Forbes, auto insurance rates have increased by 29.6% nationwide over the past five years (Forbes, 2020). This increase is disproportionate compared to wage growth and inflation during this period.

This petition calls on regulatory bodies and lawmakers to review and revise current regulations surrounding car insurance premiums. It's time we ensure fairness in pricing policies so that they reflect driving experience and claims history more accurately.

We urge you all - drivers who feel unfairly treated by their insurers - join us in demanding change in this industry that affects us all so deeply. Please sign this petition today!