Claiming on Car Insurance....

StuieUK34

Afternoon all

Does anyone know the answer to this:
If for example, i have 4 years No Claims
I then accidently bump into someone, which results in ZERO damage to my car, but some minor damage to the other car........
Which then results in that person making a claim from my insurer..... does that mean i lose my No Claims because someone made a claim against me, or does the No Claims refer to me making claims myself ?

ta

liam8282

You are at fault, so a claim is made against your insurance by the other person.

You lose your no claims bonus.

fivetide

liam8282 wrote: »

You are at fault, so a claim is made against your insurance by the other person.

You lose your no claims bonus.

That.

you've used the policy and claimed. Think about it as though you only had 3rd party cover. You could demolish your car but you can't claim for any repairs. However fixing whoever you hit = claim.

5t.

Quentin

As posted, unless you have it "protected" your NCD will be affected by this claim. But not all will be lost.

None will be awarded for the current year, and you will go down 2 years from the level you had at the start of the year. If you commenced the year with 4 years you will have 2 at renewal.

You can keep it all (and get this years too) if you reimburse your insurer their expenses over this, so it might be worth finding out how much is involved and seeing if ending up with 5 years NCD makes it cost effective to pay for the damage yourself.

Then consider getting protected NCD as well at renewal.

liam8282

I think it is different for different insurers regarding protecting your NCD.

I am pretty sure Admiral, for example, require that you have a minimum of 5 years NCD before you can protect it.

Then there is the difference between protecting the NCD and guaranteeing it.

property.advert

The maths is more complex than simple A-B=C and you need to understand it.

Not only do you lose your bonus accrual for this year and then go back two places, but you also lose out financially as you go forward because you will be paying higher premiums for years as you seek to rebuild your NCB and your base premium will rise because you have had an accident. Furthermore you run the risk of being unable to move insurers if you have another claim and will be stuck with massive premiums for years until it "falls off" your record so to speak. You are potentially talking thousands of pounds in reality.

Having an insurance policy with an excess at a low level where you would never claim is pointless. In today's reality, your insurance is for big ticket damage and all small stuff, like this case, needs you to pay up and be more careful next time.

liam8282

property.advert wrote: »

Having an insurance policy with an excess at a low level where you would never claim is pointless. In today's reality, your insurance is for big ticket damage and all small stuff, like this case, needs you to pay up and be more careful next time.

That is what I would suggest, try to pay for the repairs without getting the insurance companies involved...

...But it won't be the OPs decision to make, the onus is on the person who they have crashed in to.

If for example the OP had crashed into me, I would want everything done by the book as I wasn't at fault.

It may be ok if you have a scratch on your bumper and it looks ok, but what if there has been internal damage that you don't see at the roadside? IMO if you are not at fault, why should you put yourself at any risk.