The Financial Conduct Authority (FCA) say that 6 million policy holders are paying too much for their insurance premiums and that radical reforms could save consumers £3.7bn over 10 years.
So how do you get the right policy at a fair price? Joining Paul Lewis to answer your questions and offer advice are:
Louise O'Shea, Confused.com Graeme Trudgill, British Insurance Brokers' Association (BIBA)
We'd love to hear your questions and ideas about personal insurance, e-mail moneybox@bbc.co.uk now and tweet @moneybox we'll include as many as we can in the programme.
Presenter: Paul Lewis Producer: Diane Richardson Editor: Emma Rippon