A north MP is calling for motor insurance companies to repay some premiums to their customers, and has been backed by 26 cross-party politicians.
Jamie Stone has asked the Treasury to put pressure on the firms expected to make a collective £1 billion profit during the coronavirus lockdown.
The UK Government has said driving has dropped by around 75% in recent weeks, and insurers have reported a 50% fall in the number of claims.
Some companies have begun issuing partial refunds to customers and Mr Stone, who represents Caithness, Sutherland and Easter Ross, has encouraged others to follow suit.
He said: “The motor insurance industry is set to make vast profits as the number of claims plummets.
“I am delighted that some insurers are now saying that they will offer partial customer refunds.
“However, many are still failing to reward the trust and loyalty of their customers.
“We have seen pay-outs to shareholders to the tune of millions rather than refunds to policyholders unable to use their vehicles as normal.”
Aberdeen South MP Stephen Flynn also signed the letter and said: “With thousands of cars in Aberdeen and across Scotland off the road, the number of claims will have plummeted meaning the motor insurance industry is likely in for a hefty pay day.
“I think it’s only fair and right that insurance companies refund drivers for part of their insurance premiums and I’m glad to see that some providers have already taken action to do so.”
The call was backed by politicians from seven different political parties and included Orkney and Shetland MP Alistair Carmichael and Na h-Eileanan an Iar representative Angus MacNeil.
A spokeswoman for the Association of British Insurers said firms are being “as flexible as possible” with how they are helping key workers and others concerned about their finances.
She added: “Even if you do not drive during lockdown, you will still need to be protected against theft, vandalism and damage.
“The motor insurance market faces continuing cost pressures, arising from increasing repair bills and higher theft claim pay-outs.
“Pricing decisions will be a matter for individual firms.
“However, in a competitive market, any reduction in cost pressures over the course of 2020 can clearly benefit consumers.”
