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    • McKneff
    • By McKneff 24th Dec 10, 2:13 PM
    • 34,735 Posts
    • 44,721 Thanks
    McKneff
    • #2
    • 24th Dec 10, 2:13 PM
    • #2
    • 24th Dec 10, 2:13 PM
    Whether you settle privately or not, you still have to inform your insurance company.
    No one can make you feel inferior without your consent
  • newbie007
    • #3
    • 24th Dec 10, 2:21 PM
    • #3
    • 24th Dec 10, 2:21 PM
    As above, but might be cheaper to settle privately, so not losing a fault claim and extras loaded on insurance for 5 years.
    • McKneff
    • By McKneff 24th Dec 10, 2:32 PM
    • 34,735 Posts
    • 44,721 Thanks
    McKneff
    • #4
    • 24th Dec 10, 2:32 PM
    • #4
    • 24th Dec 10, 2:32 PM
    You still have to inform your insurance company, they will still load your policy even if you dont make a claim through them. The point is because you have had an accident you are a bigger risk.
    It is in all Insurance Companies Terms and Conditions so if you dont inform them you risk having any further insurance cover voided.
    and you will have difficulty in even getting any insurance. So beware.............. Its up to you whether you risk it or not.
    No one can make you feel inferior without your consent
  • no-oneknowsme
    • #5
    • 24th Dec 10, 2:44 PM
    • #5
    • 24th Dec 10, 2:44 PM
    How much damage is done to the two cars ?

    Surely even if your neighbour does put it through the insurance , you could always reimburse your insurance company for anything they have to pay out and that would mean you wouldnt have to pay the excess . You also wouldnt loose your NCD.

    All depends how much the repairs cost i suppose .

    Now that your neighbour has informed their insurance company you have to tell yours as it will recorded on the system.
  • adamc260
    • #6
    • 24th Dec 10, 3:27 PM
    • #6
    • 24th Dec 10, 3:27 PM
    How much damage is done to the two cars ?

    Surely even if your neighbour does put it through the insurance , you could always reimburse your insurance company for anything they have to pay out and that would mean you wouldnt have to pay the excess . You also wouldnt loose your NCD.

    All depends how much the repairs cost i suppose .

    Now that your neighbour has informed their insurance company you have to tell yours as it will recorded on the system.
    Originally posted by no-oneknowsme
    Very good advice, would of said the same
    • lisyloo
    • By lisyloo 24th Dec 10, 3:31 PM
    • 20,825 Posts
    • 9,863 Thanks
    lisyloo
    • #7
    • 24th Dec 10, 3:31 PM
    • #7
    • 24th Dec 10, 3:31 PM
    Was anyone actually IN the car?? or did you hit an empty car?

    With an empty car you could look at private settlement.
    If someone was in the car then personally I would not do it as they have 3 years to come back with a personal injury claim (longer if they are a minor).
    You might think the bump was very minor but people can claim whiplash symptoms in very slow speed accidents.
  • no-oneknowsme
    • #8
    • 24th Dec 10, 3:40 PM
    • #8
    • 24th Dec 10, 3:40 PM
    Very good advice, would of said the same
    Originally posted by adamc260

    Thanks Adam
    • losgiganteskid
    • By losgiganteskid 24th Dec 10, 3:58 PM
    • 919 Posts
    • 269 Thanks
    losgiganteskid
    • #9
    • 24th Dec 10, 3:58 PM
    • #9
    • 24th Dec 10, 3:58 PM
    You still have to inform your insurance company, they will still load your policy even if you dont make a claim through them.
    Originally posted by McKneff
    The first part of this sentence is correct but the latter part is not ! - it is not necessarily the case that your insurers will load your premium.
    • single_lonely
    • By single_lonely 28th Dec 10, 8:17 PM
    • 270 Posts
    • 53 Thanks
    single_lonely
    The first part of this sentence is correct but the latter part is not ! - it is not necessarily the case that your insurers will load your premium.
    Originally posted by losgiganteskid

    i always assumed whether you are the 'victim' or not, since you were involved in an accident your premium will rise.
    Am i wrong??
  • adamc260
    The first part of this sentence is correct but the latter part is not ! - it is not necessarily the case that your insurers will load your premium.
    Originally posted by losgiganteskid
    Generally speaking they do as they see you as 'more of a risk'
    • foxyuk
    • By foxyuk 28th Dec 10, 10:22 PM
    • 947 Posts
    • 312 Thanks
    foxyuk
    you can inform your insures only on a basis of information purposes only and they can do the same ... all it does is note it however does not show on any renewals or anything because no actual claim submitted.

    id try to get your neighbour to get a pro-forma quote from a garage this will show total price you will be liable for .... rather than seeing £120 labour and parts listed and before you know it you have £700 bill with paint, sundries exras etc
  • adamc260
    you can inform your insures only on a basis of information purposes only and they can do the same ... all it does is note it however does not show on any renewals or anything because no actual claim submitted.

    id try to get your neighbour to get a pro-forma quote from a garage this will show total price you will be liable for .... rather than seeing £120 labour and parts listed and before you know it you have £700 bill with paint, sundries exras etc
    Originally posted by foxyuk
    Not true, I notified my insurer of an 'incident' - no one claimed but it still was on my renewal schedule, and each subsequent insurer I had to inform (for between 3-5 years, depending on insurer)
  • Gene_Hunt
    Whether you settle privately or not, you still have to inform your insurance company.
    Originally posted by McKneff
    Correct.

    As above, but might be cheaper to settle privately, so not losing a fault claim and extras loaded on insurance for 5 years.
    Originally posted by newbie007
    Why?

    You don't really understand car insurance do you?
    • lisyloo
    • By lisyloo 29th Dec 10, 2:04 PM
    • 20,825 Posts
    • 9,863 Thanks
    lisyloo
    i always assumed whether you are the 'victim' or not, since you were involved in an accident your premium will rise.
    None of us can say what every insurers pricing model will be in the future.

    It's becoming increasingly common to be penalised for claims and this can these days include non-fault claims, even if you car was parked and you weren't even driving.
    The effect is going to depend on a number of other factors - but an important one is how many other claims you've had in the past 3-5 years.
    My own personal experience is that one claim is not too bad, but becoming a serial claimer really starts to put your price up.
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