I can't rememeber if i've made claims before, how do i check?

mikey72

TSx wrote: »

To be honest, I don't know about the fees for amendments or cancellation fees, the only policies I have direct underwriting (as opposed to claims) dealings with don't have any fees associated with them for amendments or cancellations, but they're not high street policies.

You have to remember that the majority of policies don't have a claim made on them. For third party policies, you are right, there is absolutely no prospect of the insurer losing out.

I have some sympathy for those who genuinely forget to disclose a claim 4 years ago, but I don't think it's too difficult to make sure you are giving the correct information.

Which is why it's worth taking the money for a lot of policies that are just profit, and taking the risk of a few hundred pounds less premium on ones you'll void, and not pay the customers claim on to recover a lot more than the lost premium.

If they hit me, I still get paid, so it's better than them driving uninsured if they decide the new policy is unaffordable.

The only loser is the policyholder, if they have an accident.