Watchdog tonight

blossom30

Hi, This is an interesting thread. I would like to know if anyone has had experience of using their insurers legal cover and then declaring as a claim, as I won my case and the other side paid the legal costs. Would I now have to declare this as a claim against my insurance policy as I was told by my insurer that it would have no effect on future policies. Any advice would be helpful thanks shrewdal

Quentin

shrewdal wrote: »

Would I now have to declare this as a claim against my insurance policy....

It isn't a "claim" against your policy, though it needs declaring as you have to declare all incidents which involve losses, not just "claims".

System

shrewdal wrote: »

Hi, This is an interesting thread. I would like to know if anyone has had experience of using their insurers legal cover and then declaring as a claim, as I won my case and the other side paid the legal costs. Would I now have to declare this as a claim against my insurance policy as I was told by my insurer that it would have no effect on future policies. Any advice would be helpful thanks shrewdal

You must always declare ALL INCIDENTS even when you do not make a claim, so when you ask for insurance quotes, you must declare that you had an incident and enter the details of the incident / claim.

P.S.
Beaten to the answer

gowgowuk

mavisangelica wrote: »

It's an absolute minefield. On this basis, as I have accidental cover on my contents insurance (I need to check the wording on the policy when I get home) then anything I accidentally break in the house, I would have to report - right down to a cup that I might have accidentally dropped and broken.

I am having this discussion with someone else at the moment: what constitute a loss worth declaring to your insurer? What is the minimum amount for which you should declare the loss? There are no precise amount described in the insurance policy.

I was tempted to consider that anything below my excess is not worth mentioning, but it is debatable.... What about a £150 dvd player, or a £50 vase? Where is the limit? So, I guess if you want to be perfectly honest you should declare every single loss, including the small amount ones and let the insurance company decide (which, obviously is not feasible). I have the feeling that in my 15 years of home insurance (no-claims), there must have been some losses that I didn't declare because I thought it's not worth it... (cannot think of anything right now, but I'm sure there are, and I'm sure a vast majority of people would be in the same situation)...

lisyloo

You must always declare ALL INCIDENTS even when you do not make a claim

So technically if I ladder a pair of tights when I put them on (they are insured as contents) and they cost me 99p then do I need to declare a loss?
They are a consumable item, but clearly if they were damaged before even being worn then this would be an accident/loss.
I'm not being silly (extreme yes), it's a genuine issue I think many of us would like to get to the bottom of this.

Personally I find it's usually obvious. I would not decalre laddered tights, broken mugs or stone chips, but there clearly does need to be a dividing line somewhere.

gowgowuk

lisyloo wrote: »

Personally I find it's usually obvious. I would not decalre laddered tights, broken mugs or stone chips, but there clearly does need to be a dividing line somewhere.

Exactly! Something which might be obvious for you might not be for someone else. I guess it mainly depends on everyone finance...