Guidance

Private Motor Insurance Market Investigation Order 2015

The order provides measures to increase competition in the car insurance market and reduce the cost of premiums for drivers.

Documents

Details

This order was made under the market investigations provisions of the Enterprise Act 2002.

The order:

  • bans agreements between price comparison websites (PCWs) and insurers which stop insurers from making their products available more cheaply on other online platforms
  • ensures better information for consumers on the costs and benefits of no-claims bonus protection

Compliance statements

Businesses are required to submit their compliance statements annually. This can now be done by using the online form. The CMA will only contact you if we require further information.

Annual private motor insurance compliance statements are due by 1 February of each year.

Please see the explanatory note above for how the order is expected to operate.

Published 18 March 2015
Last updated 20 July 2016 + show all updates
  1. Compliance statements email address added.
  2. First published.