Car insurance premiums: accident not my fault (HELP!!!)

kiwibabe

Hi,

Back in December, a few days before christmas, when it snowed, my car was parked, technically off road, and another driver banged into my car after collding with a further car.

To cut the long story short, my insurance policy was for third party, fire and theft, so obviously I couldn't claim for the damage, so my car is left unrepaired, however now my insurance policy is due, my insurance premiums have tripled in price and is now more than the value of the car, despite the fact the accident was not my fault.

Is there anything I can do to bring the price down, can anyone recommend any other insurance companies I could try to get insurance from. Do I need to disclose this accident, or would it be better for me not to mention it to them. I assume I will get my no claims bonus back eventually. Can anyone advise what to do.

Quentin

You will get it back once your insurer has concluded that you have no liability.

You cannot "not mention" the incident to other insurers (apart from it being a breach of the policy conditions, how will you explain the disparity in your NCD when it does get restored?)

When shopping round, if you do find a better deal, make sure they are aware that your NCD level is subject to a dispute, and that should you get it restored they will refund the "overpaid" premium.

neilmcl

Why is your car still unrepaired, 3rd party F&F or not you still should be able to claim for your damages against the other party's insurance as they are liable.

Lube

Did the driver not stop had give you their details

lisyloo

I can't see why your NCD would be affected.
You haven't made a claim and you were only parked.
Have you had your renewal notice?
How many years NCD does it say? What should it say?

As regards your damage, are you chasing the 3rd party./their insurer? or did they drive off.

Yes you have to declare the accident, you shouldn't lose NCD, but you will be penalised when compared with other motorists who do not live near careless drivers.

kiwibabe

Hi,

Thanks for the reply, well I was insured with a company called Market study, which AA say the no longer accept claims for. The person whom crashed into my car was actually driving a fleet car, although they were arrested they drove off but a passer by reported the incident to the police, the insurance company has not been able to find out who was driving or whether the car was insured. The insurance company is trying to chase up the case, however, nothing yet has happened.

Sally_A

If AA were the Uninsured Loss Recovery agents at the time you took out the policy, they should at least honour the deal with Market Study until renewal.

There is a website: google "askmid" type in a reg no and you can see if the car is insured - this site is only for those with a valid interest in the vehicle, so suggest it's not abused. Unfortunately it doesn't say who they are insured with or the policy number, but it is slightly reassuring to know if it is insured.

Astaroth

You will have to declare the claim going forward but given the circumstances and the fact that you have a TPFT policy means there can be no claim in the circumstances from you it should not be significantly impacting your policy nor NCD at this point anyway unless the insurance side of the claims handling are overly cautious.

If your renewal documents say it is a fault or open claim then you are going to have to go along with that and say that to the other people you are asking for quotes from however once liability has been resolved your insurers will update their records. If you are still with the same insurers then this should be automatic, if you switch you will have to inform them yourself. Your premium should then be adjusted appropriately.

Also, check the price of Comprehensive insurance - given so many insurers have pulled out the TPFT market it can often be cheaper to have Comp cover rather than TPFT!!