The Monetary Ombudsman Service has flagged it expects complaints about motor insurance coverage to stay excessive in 2025/26 because of the larger value of, and provide challenges round, elements and labour.
Automobile and bike insurance coverage complaints have constantly ranked within the FOS high 5 desk. In the newest knowledge, for October to December final yr, the sector positioned fourth within the checklist.
Nevertheless, in its Plans and Price range for the monetary yr the FOS forecast total complaints about insurance coverage will stay “comparatively secure”.
The ombudsman is anticipating 45,600 complaints, the identical quantity because the earlier yr.
RelatedCar and bike insurance coverage complaints to FOS drift up
The Monetary
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