New car insurance modifications create “confusion” as costs are “very seemingly” to rise in 2022 – Categorical
However, she cautioned that the average insurance price in the UK can still be influenced, driving up prices for all drivers.
She said, "Given that we've probably all over-spent this Christmas, it will be welcome news that insurers will no longer be able to overcharge their customers with renewal.
“But we also see that a lot of people interpret this to mean that their renewal price no longer increases.
"It really is not and we can understand that this creates a lot of confusion among consumers."
READ MORE: Today important changes are being made to car insurance to keep drivers safe
Ms. O & # 39; Shea warned that regardless of FCA regulations, the average cost of auto insurance will "very likely" rise as more people return to work.