What are the new changes regarding Pricing?

The new rules that came into effect on 1 January 2022 , ensure that renewing home and motor insurance customers are quoted prices that are no more than they would be quoted as an equivalent new customer, with the same risk profile, through the same channel. They also make it easier for customers to commence, or stop, automatic renewals, if they wish to do so, and enhance the rules regarding product governance, to ensure that insurance products deliver fair value to customers.