no fault claim = car insurance doubling!!!

bouncydog1

By the sounds of it there is something not right here. You had got your insurance cost down to c£600 but it is now around £3k! Presumably you are looking at higher group cars? Although the other party was responsible for the accident are insurers quoting you on a reduced bonus basis?

For your premium to have risen to £3k after one accident with no change in vehicle group, location, etc. etc. means that insurers would have loaded your base premium by a considerable amount. You are also quoting a huge excess - at 23 your compulsory excess would not be that big.

I think you need to lay out the full facts here.

And I also do not think that the third party insurers will reimburse you for your increased insurance costs as I have never heard of this happening in usual circumstances. If this was the case loads would try it on and insurance costs would rise even higher.

F_T_Buyer

This happened to me, although bumped it by £100 due to some dappy woman who can't drive! 100% her fault, and I have letter to prove it. I also didn't claim on my insurance, rather waited driving around a car with a massive dint in the side for 3months until they got it sorted. I'm not very happy, but never though it would push up my renewal as it wasn't my fault - secondly I never asked because I had 9more months until renew, so by that time I had accepted 'full and final payment'.

I read around the subject when I renewed, and although I couldn't do anything in my case apparently you can't claim for this as it's because you are statistically more likely to have a second accident even if the first was not your fault.

nqt2010

Thanks for all the replies. I guess I am best consulting my insurance company because I don't know any of the legalities surrounding this issue.
When I have done insurance quotes I have even tried using the details of my now non-existant car - firstly without the claim and again with the claim. I know insurance has generally increased anyway but by doing this I can see exactly how much the claim pushes it up by - and its at least £500.

Another frustrating problem is that I had literally renewed 1 month before the crash and as a result my insurance is now going to cost more due to the new year and the new vat rate etc. I wouldnt have been affected by this at all had I not been in the accident until the end of 2011 but I seem to be being stung from both sides if you see what I mean.

Insurance round where I live is very expensive anyway because of the crime rates - although luckily I have never had a problem! My excess this year was £250 (£100 voluntary £150 compulsory) but the new quotes are with excesses of £500+ - which for me is expensive as at the moment I dont have a steady income but need a car to be able to get work.

I'll ask my insurance company and see what they suggest. Its good to know that there are at least some successful cases!

vaio

nqt2010 wrote: »

.......Another frustrating problem is that I had literally renewed 1 month before the crash and as a result my insurance is now going to cost more due to the new year and the new vat rate etc. I wouldnt have been affected by this at all had I not been in the accident until the end of 2011 but I seem to be being stung from both sides if you see what I mean.......

as you saying that your policy has also ended because of the crash? If so I'd add that to the bill for the third party

Quentin

nqt2010 wrote: »

Its good to know that there are at least some successful cases!

Don't build your hopes up - vaio's is the only case we have heard about (and that was years ago), and insurers/solicitors/claim handlers etc don't attempt to include this when getting reimbursement from liable third parties - you would have heard about it if they could!

vaio

Yep, but can you think of any logical argument it shouldn't be paid?

mikey72

I think it's "never been paid" as it never used to be charged.
Third party claims never used to affect the premium, and equally a car written off by a third party never used to mean your own insurance was cancelled, you normally transferred it to the replacement.
If insurance companies can think up these new money spinners, it seems fair they should be paying out for them as well.

If you haven't had the full payout for the car, and the third party company is still messing you about, if you have un-insured losses on your own policy, get them to chase it all up or you.

keeley1973

Sorry if I missed it but are you sure that your own Insurers have managed to recoup all their losses from the other party? (There is a difference between them admitting liability and actually settling all costs involved). If it is just that your Insurers have reimbursed you under a comprehensive policy and that they are still currently out of pocket then they will (at the moment) treat it as a fault claim and reduce your No Claims Bonus. Even if there is one bit of the claim unpaid (e.g your excess and other 'uninsured' losses which are recoverable outside of the usual route - usually via legal expenses plan) then this will affect the insurance costs. If your policy renews between times or you cancel cover and start a new policy elsewhere, you will have to cough up the extra BUT you will be able to get this back once the claim is fully closed and your NCB allowed. I have experience personally of this as (a) I work in insurance and (b) I have had a claim myself where I was penalised at renewal and then had to be refunded later. and the answer is, "no", you would not be able to claim from the other party Insurers for increased cost of new insurance. Hope this helps.

Quentin

mikey72 wrote: »

I think it's "never been paid" as it never used to be charged.
Third party claims never used to affect the premium, and equally a car written off by a third party never used to mean your own insurance was cancelled, you normally transferred it to the replacement.
If insurance companies can think up these new money spinners, it seems fair they should be paying out for them as well.

If you haven't had the full payout for the car, and the third party company is still messing you about, if you have un-insured losses on your own policy, get them to chase it all up or you.

This isn't a "new money spinner" at all.

eg Vaio experienced this 8/9 years ago!

You have always had to declare fault and no fault incidents.

vaio

Lots of people saying insurance companies don't allow such claims, is no-one going to put forward a logical argument as to why it should not be paid?

Surely this is the ethos of this site, debating and challenging unfair behaviour rather than just trotting out the insurance company line, which normally involves the poor punter being told "tough, you just have to suck it up"