Drivers ignored by Rachel Reeves in Budget with no mention of help with expensive car insurance prices

Certain drivers are required to pay more than others depending on their situation. For example, someone in Inner London will pay £1,357, while a 17-year-old will pay a staggering £2,727 for one year of coverage.

Despite optimism before the Budget that more would be done to help motorists with the expensive cost of car insurance premiums.

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A car insurance taskforce was set up earlier this month

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However, Rachel Reeves failed to mention any measures to reduce the burden of expensive car insurance prices in the Autumn Statement this afternoon.

Earlier this month, Transport Secretary Louise Haigh and Economic Secretary to the Treasury Tulip Siddiq outlined plans to bring together industry groups and consumer champions to tackle spiralling costs of car insurance.

The taskforce will identify the factors behind rapidly rising premiums and will agree on solutions to keep costs under control after drivers dealt with massive prices in recent years.

Speaking at the time, Haigh said: "Our new expert taskforce is a major step forward in delivering a fair deal for drivers.

"It will give this issue the attention it deserves – rooting out the factors driving up costs for industry and ensuring drivers are able to hit the road."

Reacting to the Budget, Rhydian Jones, Confused.com car insurance expert, said: "The fuel duty freeze will not only help level out high fuel prices, but it will also help with the impact of other motoring costs.

"Drivers are paying out thousands of pounds in the face of high MOT bills and insurance prices. So this is one step in the right direction to help driving becoming more affordable."

The Transport Secretary outlined that the taskforce was created to address expensive car insurance prices

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