FCA to probe dual pricing

A pile of coins with two magnifying glasses

According to various sources, the regulator will probe home and motor insurance providers in a bid to ascertain whether existing customers are being treated fairly at renewal. 

Under particular scrutiny are elderly customers, who are less likely to shop around for competitive prices at renewal.

In March, the BBC's Money Box programme highlighted the case of an 83-year-old listener who saw the cost of her home insurance rise to £850, while a similar policy was available to new customers for £200

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: