Small motorcycle spill

mcjordi

FlameCloud wrote: »

This is stupid advise. With motor insurance you have a continueing duty of disclosure for anything that affects the risk you pose to insurers.

This means that in laymans terms, you need to disclose anything which could give rise to a claim- in this case you have damaged the bike (albeit lightly) thus you should tell them.

It is up to you whether your do though.

excuse me but i work with a large insurer as an assessor/loss adjuster and know what im talking about.
tell em if you wish but it will be marked on your policy and may lead to an increase in premiums, meh its your money

Coveredinbees!!!!

You're supposed to tell them but I wouldn't. Make sure you DO tell the insurance if you get done for speeding or any other traffic offence as you will be boned if you need to claim.

newbiebiker

will do, thanks!

FlameCloud

mcjordi wrote: »

excuse me but i work with a large insurer as an assessor/loss adjuster and know what im talking about.
tell em if you wish but it will be marked on your policy and may lead to an increase in premiums, meh its your money

No you dont. No insurer I know of employs assessors- they are employed by policy holders.

Assuming you even you do what you say, you need to go and refresh your mind on the exact wording of utmost good faith, then compare that the wording about notifying the insurer which will be present in the policy booklet.

After you have done that, I suggest you come back and say confidently it shouldnt be disclosed to insurers.

Cat695

DON'T tell them about the spill......Just like I didn't tell my insurer about when I dropped my bike (while stationary thank god no one saw me)

Just like people don't tell their contents insurers when they drop a vase or a cup

mcjordi

FlameCloud wrote: »

No you dont. No insurer I know of employs assessors- they are employed by policy holders.

Assuming you even you do what you say, you need to go and refresh your mind on the exact wording of utmost good faith, then compare that the wording about notifying the insurer which will be present in the policy booklet.

After you have done that, I suggest you come back and say confidently it shouldnt be disclosed to insurers.

yes insurers do employ assessors i as am employed by a leading insurer as an assessor, i am not getting into a petty arguement with you about this

newbiebiker

Good!:) Thanks for the advice guys.

FlameCloud

mcjordi wrote: »

yes insurers do employ assessors i as am employed by a leading insurer as an assessor, i am not getting into a petty arguement with you about this

Forgive me for my scepticism, but you are telling me that an insurance company employs somebody to drive up the costs of claims?

Looking back at your posting history, I really think you are telling porkies

1. You mention having a car you needed to repair- this implies you dont have a company. Even central London have co cars for jobs away from Tube lines. Very very unusual.

2. Age. 24 is very young to be anything other than a trainee adjuster.

3. Bad debts. Almost insurers will carry out credit searchs on staff prior to employment due to the nature of the job- and whilst it is not unheard of it is rare.

I'm sorry, but you simply do not have the technical knowledge to back up what you are saying. It is a very clear answer- you are obliged to inform insurers of anything affecting the risk you pose, and having an accident will affect this.

I note you havent replied to my question about the utmost good faith, which as an adjuster you will be obviously conversant with.

lisyloo

With motor insurance you have a continueing duty of disclosure for anything that affects the risk you pose to insurers.

Now this is where I get confused - in the interpretation of the above.

If I got a stone chip or ding in my car door or smashed a mug I would not consider myself a greater risk to the insurance or in danger of a claim.
If I dropped my bike or fell off it - again these are things that happen to everyone from time to time (like dropping crockery) then again I woulnd't consider myself at greater risk or more likely to claim than anyone else that has the average amount of occupational hazards.

So can one of you knowledgeable folks explain where you draw the line.

To be honest if I rang my insurer and said "someone put a ding in my car door at the supermarket" then I think they'd probably think I was a bit odd.

LadyIndecisive

FlameCloud wrote: »

No you dont. No insurer I know of employs assessors- they are employed by policy holders.

quote]

In defence of mcjordi this is untrue. All general insurers I know of instruct or employ assessors. The term is ambiguous and sometimes applied to motor engineers or claims investigators who assess claims (and sometimes agree settlement) for the insurer. They may be employed as insurer staff or an external firm. It is possible that a desk based motor engineer, who agrees repair estimates or total loss settlements would not be on the road, but may still use the title assessor.

In terms a motor policy I cannot think of a situation where a policyholder would need to assess their own claim.