Backdated payment for non-disclosure?

xxNick101xx

Thank you all for your feedback (excpet Quote, clearly comments like that are no use to anybody, I came here for advice, not insults).
For the record, I didn't deliberately try and deceive my insurance company in an attempt to save money, I simply forgot to tell them last year (my house burnt down 2 months earlier and I had bigger problems on my mind).
When I came to renew this year I got my driving licence out so that I could give them the details about the Oct 2008 offence. I then said that I had another 3 points since the last renewal which was when they said they didn't know about the first 3, and I realised that I hadn't told them.
I now appreciate that I should have told them as soon as the incidents had happened and that on the whole I have been lucky to only have to pay out £126 rather than face the consequences of being treated as an uninsured driver.
My new insurance policy includes my 6 points and, for the record, still saved my over £150 on last year's premium. So, if other people are reading this with undisclosed points, please heed the advice of the other posters, and don't think that your insurance premium will neccessarily go up when you do come clean.
Thanks again for the advice, I have learnt my lesson.
Nick

NattyNora

Hi Nick

Wow, some people are so self-righteous arent they!

Thanks for sharing this info Nick...I wasnt aware of the ins and outs of what an insurance company would do in this situation until now.

At least in your situation there's no harm done other than you paying the insurance company money for nothing. Thats no skin off anyone elses nose though!

Hopefully the negativity above wont put other people off sharing their experiences so that others, who don't claim to know it all, can get a better understanding of the repercussions...

Thanks

diesel.1

incorrect dunstonh. If the non disclosure is material to the accident/claim/incident then the policy would be made void and claim would not be paid on. eg if the car has been stolen, the non disclosure of speeding has nothing to do with the incident, therefore the PH would of been made to pay for the additional premium for the SP30 (or whatever) and the claim would be paid out.

FlameCloud

You seem very sure of that. What would happen for example, if the insurer was one who would not accept customers with any form of conviction?

dunstonh

diesel.1 wrote: »

incorrect dunstonh. If the non disclosure is material to the accident/claim/incident then the policy would be made void and claim would not be paid on. eg if the car has been stolen, the non disclosure of speeding has nothing to do with the incident, therefore the PH would of been made to pay for the additional premium for the SP30 (or whatever) and the claim would be paid out.

That isnt what the FOS publish as what they would do in a non disclosure complaint.

Since the FOS published what they would do things have been much clearer on that front.

dacouch

diesel.1 wrote: »

incorrect dunstonh. If the non disclosure is material to the accident/claim/incident then the policy would be made void and claim would not be paid on. eg if the car has been stolen, the non disclosure of speeding has nothing to do with the incident, therefore the PH would of been made to pay for the additional premium for the SP30 (or whatever) and the claim would be paid out.

Please read up on the rules on non disclosure and the avoidance of policies before you make sweeping statements that are not factually correct. If you would like a link to the relevant information we will gladly provide it