Secretary of State for Transport (): Today (10 December 2025),
the Economic Secretary to the Treasury and I are pleased to
publish the final report of the cross-government taskforce on
motor insurance.
On entering office, this government was committed to tackling the
soaring cost of motor insurance. Motor insurance provides peace
of mind and financial security for millions of drivers, but the
cost of premiums has become a real concern in recent years,
impacting household budgets and, in some cases, limiting personal
mobility and life chances.
This government's commitment to kickstart economic growth and
break down barriers to opportunities as part of our Plan for Change reinforced
our commitment to act.
Since it was formed in October 2024, the taskforce has worked
across government departments and with our independent regulators
to understand this complex market and to agree a set of actions
that aim to stabilise and reduce the premiums paid by drivers.
Across government, departments will continue their efforts to
address the broader factors that contribute to the cost of
claims, such as vehicle theft and the cost of repairs. This
includes efforts to tackle vehicle-related crime, continue to
make our roads safer and work closely with industry to encourage
innovation in new vehicle technologies, driving efficiencies and
reducing costs.
As well as setting out the actions government departments and
regulators are taking, the report also explores the
characteristics of the UK's
motor insurance market. It acknowledges that the market is
strongly competitive and innovative and has faced real and
increased costs to serve motorists in recent years.
The taskforce would like to acknowledge the support and insight
of the stakeholder panel, representing both consumers and the
motor and insurance industries and the insight of our colleagues
in the devolved administrations. Their perspectives have been
vital as we have sought to capture the needs and concerns of
people and firms across the UK.
The taskforce's work has now concluded. Over the coming months,
the government will continue its work to deliver against the
actions set out in the report.
