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.