1 claim - Not at fault but renewal much higher?

froggy27_2

Looking for some advice..

I'm in the process of getting a new insurance..actually my renewal day is today - so it needs to be done ... I've had a claim on my insurance....car was parked and sbdy hit it (when it was icy)..not my fault and liability was accepted by third party.. I've just done a quote on line with Directline..when i put i made a claim quote came at £800ish but if i put i haven't made a claim (i thought if it wasn't your fault you didn't have to) the quote comes at £600ish....How can I pay so much for sthg i had no control over and not my fault! I'm still waiting to ge my excess back on the claim...

Is this normal? as said any advice welcome.

dunstonh

Some insurers are really cherry picking stuff at the moment. You will find those ones tend to penalise even the smallest extra risk. Shop around and you will find the impact of your no fault claim varies with different providers.

lisyloo

the impact of your no fault claim

Has the claim been recovered in full by your insurer?
If you haven't had your excess back then it sounds like the claim may not be settled.
I'm afriad if it's not settled then you have to put it down as a "fault" claim (that doesn't strictly mean it's your fault jsut that your insurer forked out and has not been re-imbursed).

Make sure you read and answer the questions correctly if you aren't using a broker. It's really important to answer them correctly.

vaio

Document the increase and add it to your claim against the third party

alistair.long

vaio wrote: »

Document the increase and add it to your claim against the third party

Please let me know how it goes if you do the above, I do believe you will be intitled to the cash from the other party insurance as it was not your fault.
Let us know if they give it to you.

McKneff

If the third part admitted liability you should have dealt with their insurance directly and let your own ins. company know 'for information only' your premium may still have gone up slightly but you would have avoided all this wrangle about excess etc.

Quote

vaio wrote: »

Document the increase and add it to your claim against the third party

Are you sure you can do this? I always thought it was a consequential financial loss which couldn't be recovered.

mikey72

vaio wrote: »

Document the increase and add it to your claim against the third party

Well worth trying, and it they refuse, as it's a genuine loss, make sure they provide an explanation, rather than waffle. Persist, and let us know how you get on.

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mikey72 wrote: »

...as it's a genuine loss....

As opposed to what?

lisyloo

Are you sure you can do this? I always thought it was a consequential financial loss which couldn't be recovered.

That's what insurers might like you to believe, but in law you are entitled to be put back into the same posistion had the accident not occured.
Insurers are not above the law, so you can get back your losses although you may have to purse the insurer through the FOS/courts to get what you are entitled to.

Do you have any refernces or links that says you cannot recover it?
If not then it has to be proven by the FOS/court with test cases.

Quote

I gave an example a while ago.

A person has an accident on their way to an interview/business meeting. The accident isn't their fault and as a result they miss the interview/meeting and, along with it, the opportunity to earn £100,000. Can they claim for that? Putting you in the position before the accident occurred is moot. Indemnity is one thing, but a claim might affect a premium for years. This means the claim couldn't be settled until enough time had passed for the claim to be irrelevant. What if another claim occurred in the meantime?