Simple one - Is my no claims record affected if....

sho_me_da_money

I had an accident but the Insurance rejected a payout therefore resulting in no claim being made. Will my claims record/renewal fee be affected?

Since they rejected my claim I have 2 options:

1. Dispute, get paid out and suffer a higher premium when renewing the policy
2. Accept the rejection, repair the motor privately and HOPEFULLY not suffer from a higher premium and maintain my no claims record.

If admitting to an accident that eventually was rejected affects my new premium and NCB record, then im gonna dispute (I mean why wouldn't i?!) BUT if (2) is true, I may just go for it.

Thanks,

neilmcl

You're going to get a higher premium regardless of whether you claim or not.

sho_me_da_money

neilmcl wrote: »

You're going to get a higher premium regardless of whether you claim or not.

Cool, thats all I wanted someont to say - The insurance premium and NCB is affected by the events regardless of the outcome.

Now I know what I need to do - DISPUTE and get my mula back.

KeithP

sho_me_da_money wrote: »

Cool, thats all I wanted someont to say - The insurance premium and NCB is affected by the events regardless of the outcome.

Now I know what I need to do - DISPUTE and get my mula back.

Your insurance premium will increase because the risk has increased.

If no claim is made, there will be no change to your NCB.

vaio

there are two things to consider...

If you have an accident you must notify your insurance company and that could result in higher base premiums.

If you make a claim for that accident which the insurance company can’t get back from someone else then your NCB (unless protected) will be reduced so you end up with less of a discount from your base premium.

neilmcl

sho_me_da_money wrote: »

Cool, thats all I wanted someont to say - The insurance premium and NCB is affected by the events regardless of the outcome.

Now I know what I need to do - DISPUTE and get my mula back.

I said you premium will be affected regardless, your NCB wont if you dont make a claim.

retro_bluebell

I used to work in car insurance claims and there are only 2 catagories claims can be put in- fault claims and non fault claims- non fault would be for claims where the other party has admitted negligence/ or negligence has been proven and a payout/ court settlement has been retrieved.

Fault claims are for everything else- a claim where there is no other party to claim off, a claim that is not resolved satisfactory- so if its anything like that then it will be recorded as a fault accident on your file. Thus you could endanger our NCB

I notice they have rejected your claim- was it because the value of your car was too low for the price of repairs? Have they worked on your claim at all?

neilmcl

retro_bluebell wrote: »

I notice they have rejected your claim- was it because the value of your car was too low for the price of repairs? Have they worked on your claim at all?

It was because they didn't have a valid MOT at the time of the accident. Here's a bit of background reading.

http://forums.moneysavingexpert.com/showthread.html?t=2353569&highlight=

and

http://forums.moneysavingexpert.com/showthread.html?t=2358539&highlight=

vaio

And multiple people told him where he stands…….

Lack of MOT by its self is not valid grounds for rejecting a claim.

and

Un-roadworthiness (independent of MOT status) is a valid reason for rejecting a claim but only if it contributed to the accident.

Quite why we have yet another thread on it I don’t know as it was all covered in the first one (and then again in the second one)

sho_me_da_money

Brothers/Sisters, chill out.

I have my dispute letter drafted. I now realise that the lack of an MOT certificate is a desperate attempt for the Insurers to TRY and deny me pay out. I am 95% certain that I will this win based on the information outlined in my letter.

This thread was completely different to my original issues..

I am merely contemplating, which way benefits me the most in the long run -

1. Claim, Win and Suffer higher Premium
2. Accept, Not Dispute and continue with a lower premium.

As the thread topic implies, I was after a simple answer 1) Do I have an option (with regards to the above points) and 2) If I do, which one serves me better in the long run.

Evidentally, it doesn't matter since the claim will go against me regardless.

That said, I will be pursuing option 1.

dacouch

To throw further fuel onto the fire, the Insurer who (Currently) are rejecting the claim annouced they have gone into administration.