admitted fault in an accident, will lose no claims - how much will my insurance go up

shimmy-shang

Hi there

I had a very minor accident, foolishly admitted it was my fault (honesty is never rewarded is it??), now am looking at them claiming through my insurance.

I would have only had two years of no-claims anyway when it came to renewal. I rang the insurance company they wouldn't give me an idea of how much my insurance would be going up by.

I know i could pay what the insurance company are having to pay out but i expect it will be hundreds even thought its just a small job on their old car.

Any ideas on how much my insurance will go up? a have a 14 year old car but it is a sporty version. I'm not a young driver but passed my test late.

I realise I am a dumb !!! for having an accident anyway..:(

Bowling_4_Gold

You can check on one of those comparison websites... Just set your 'no claims' number of years to 0. Should give you an accurate result.

Quentin

To get an accurate figure, you will need to say you have had a fault accident (as well as have nil NCD)

vaio

The on line quoting things will give you an indication of the costs with and without NCB.

You can of course pay for the damage out of your own pocket which will protect your NCB but you will still have to tell any insurance company about the accident.

mchale

vaio wrote: »

The on line quoting things will give you an indication of the costs with and without NCB.

You can of course pay for the damage out of your own pocket which will protect your NCB but you will still have to tell any insurance company about the accident.

Why would you have to tell the ins com about the acc if you paid for it out of your own pocket, upon renewal/quote the ins com's only ask you for any claims/conviction in last *yrs ???

Quentin

Usually the question (or assumption) asked is regarding incidents, not "claims".

mchale

Quentin wrote: »

Usually the question (or assumption) asked is regarding incidents, not "claims".

I think you will find they ask have you had any "claims/convictions in past * yrs" I've never been asked have I had any "incidents"

Takoda

mchale wrote: »

I think you will find they ask have you had any "claims/convictions in past * yrs" I've never been asked have I had any "incidents"

Yes agreed they only ask about claims. Not incidents.

dacouch

Quentin is correct, a lot of Insurers ask something along the lines of "Have you been involved in any incidents that would have been covered by this policy"

Rolandtheroadie

mchale wrote: »

I think you will find they ask have you had any "claims/convictions in past * yrs" I've never been asked have I had any "incidents"

Any insurers always asked me accidents or convictions in the past 3/5 years. Then you would state whether blame claim or non blame claim. (this includes comparison sites)

mchale

dacouch wrote: »

Quentin is correct, a lot of Insurers ask something along the lines of "Have you been involved in any incidents that would have been covered by this policy"

Disagree, they ask you have you any "convictions pending" but never been asked what you say.