Government publishes consultation on new measures to tackle unfair and costly subscription traps, which cost consumers £1.6 billion annually.
  • Consultation launched on measures to crack down on “subscription traps” and better protect shoppers
  • Proposed measures will stop complicated websites and restrictive call centres preventing refunds and cancellations.
  • Unwanted subscriptions cost families £14 per month per subscription and £1.6 billion a year in total
  • deadcatbounce@reddthat.comEnglish
    2·
    1 month ago

    With car insurance almost invariably automatically set to annually renew by the insurance company whether you want that or not, car insurance is a (disguised) subscription service.

    Every money advice place esp Money Saving Expert dating look around annually, auto annual renewal should be illegal.

    I f#@king hate that car insurance companies do that.

    Thanks to OP for posting the article.

    • Echo DotEnglish
      1·
      1 month ago

      I have a calendar event set on my phone to tell me when the insurance can be renewed. When it ends, when it can be renewed.

      • deadcatbounce@reddthat.comEnglish
        1·
        1 month ago

        Quite so. There is an optimum time to renew as given by Money Saving Expert amongst others.

        My point was to draw the mal insurance company practice within the realms of subscriptions so that it will be caught by the enquiry and anything that emerges from it.