The variety of automotive and bike insurance coverage complaints to the Monetary Ombudsman Service within the second quarter of 2024/25 dropped in comparison with the identical interval a 12 months in the past nevertheless the sector has remained within the high 5.
New complaints for July to September have been down year-on-year from 4,036 to three,386.
The Q2 quantity was additionally under the earlier quarter’s complete of three,940.
It stored the product line in fourth place within the high 5 rating of most complained about merchandise.
Folks can really feel embarrassed to have fallen sufferer to a fraud or rip-off and could also be reluctant to report the difficulty, however these crimes will be complicated and extremely convincing and no one ought to be afraid to return ahead.
Nevertheless, the falls got here towards a
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