Drivers are set to receive a massive £30million in compensation after being overcharged when renewing their car insurance.
Insurance company Direct Line admitted it was an “error” when introducing new pricing rules which were introduced by the Financial Conduct Authority (FCA) in 2022.
The aim of the new rules was to ensure existing customers of car or home insurance would not be charged more for their renewal than new customers.
However, in the case of Direct Line, drivers…
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