does a 50 50 claim affect my no claims bonus

theballboy

bottom line question rather than going into the details of the accident (will of course if necessary) - but looks like my car accident is going on a 50 50 settlement -
does a 50 50 claim affect my no claims bonus?
THanks

Quentin

Yes .

theballboy

so do I lose it all completely?

what if it was 51 me 49 them?

Cheers for prompt reply

BenL

You will step down 2 years from what you had at the start of the policy and will not gain anything for the term of this policy.

If you had protected NCD you could have had 2 claims before you would start to step down.

luci

It's a no CLAIMS discount, not a no blame discount so if you make a claim you will lose your NCD if it is not protected.

theballboy

well is there anybenefit for me in being awarded a 50/50 rather than full fault?

dzug1

theballboy wrote: »

well is there anybenefit for me in being awarded a 50/50 rather than full fault?

No - unless the full fault is the other party's

Quentin

theballboy wrote: »

so do I lose it all completely?

what if it was 51 me 49 them?

Cheers for prompt reply

You don't lose it all. But you don't get any for the current year, and at renewal your level will be 2 years lower than it is at present.

It makes no difference what the level of blame is (if it was 99 them and 1 you it would have the same effect)

And irrespective of who or what is to blame, your NCD is always affected by a claim unless your insurer makes a full recovery of all its costs from the third party (if there is one to claim from!).

alun4

A driver reversed out of a drive and bumped my wife's (owned from new "S Reg". Dent in door deep scratches etc but driver admitted full fault.

We obtained 2 quotes - if we lived with the dent the cost would be about £500.00. The drivers insurance (Third Party Fault Settlement department) sent an inspector. Result: they will give £350.00 or if we want more they will write car off. We have maintained car from new and had just put £300.00 of tyres on the car. We have a second set of tyres/wheels for travel to alps in winter and don't want car written off. I've not involved my own insurance because I don't want to suffer any loss of our over 30 years no claims. Any suggestions?

pastra

alun4 wrote: »

A driver reversed out of a drive and bumped my wife's (owned from new "S Reg". Dent in door deep scratches etc but driver admitted full fault.

We obtained 2 quotes - if we lived with the dent the cost would be about £500.00. The drivers insurance (Third Party Fault Settlement department) sent an inspector. Result: they will give £350.00 or if we want more they will write car off. We have maintained car from new and had just put £300.00 of tyres on the car. We have a second set of tyres/wheels for travel to alps in winter and don't want car written off. I've not involved my own insurance because I don't want to suffer any loss of our over 30 years no claims. Any suggestions?

You need to call your insurance company, let them deal with it. After all that is why you pay them.

Quentin

alun4 wrote: »

A driver reversed out of a drive and bumped my wife's (owned from new "S Reg". Dent in door deep scratches etc but driver admitted full fault.

We obtained 2 quotes - if we lived with the dent the cost would be about £500.00. The drivers insurance (Third Party Fault Settlement department) sent an inspector. Result: they will give £350.00 or if we want more they will write car off. We have maintained car from new and had just put £300.00 of tyres on the car. We have a second set of tyres/wheels for travel to alps in winter and don't want car written off. I've not involved my own insurance because I don't want to suffer any loss of our over 30 years no claims. Any suggestions?

As liability seems cut and dried you could consider using a claims handler to deal with this. Should the cost of repair be uneconomical, and the car does end up a write off, then a claims handler would be able to ensure that as part of the settlement you get to keep the car.