What are the new regulations from the Financial Conduct Authority (FCA)?

You might have heard in the news that the FCA are introducing new regulations that will affect insurance pricing.

The regulations mean that from 1st January 2022, we’ll ensure that the price you pay for your Policy Expert insurance will be the same, or cheaper, than the price available to a new Policy Expert customer for the same policy if they get their quote the same way that you did. For example, over the phone, on our website or through a price comparison site. 

The good news is you don’t need to do anything – these regulations apply to all customers.

You can read more about the regulations on the FCA’s website here:

https://www.fca.org.uk/news/press-releases/fca-confirms-measures-protect-customers-loyalty-penalty-home-motor-insurance-markets

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