Renewing Car Insurance - terms

skooldaze

Hi

Sorry for asking silly questions but doing this online really confuses me.

Bascially I was hit by a third party in November which wrote off my car. They 3rd party has claimed fault and my insurance have paid out but the claim is still open because they are still recovering the costs from the 3rd party.

My insurance have stated that this does not affect my no claims. My questions is

Does this count as a claim? I know the answer is that I had an accident but was not at fault but not all the forms have this answer

So is my example a claim even though I didnt claim on my insurance and the 3rd party pay for it overall?

hollie.weimeraner

I take it you mean the 3rd party admitted liability and therefore you will be recovering all costs?

In short yes you will have to disclose this as a claim (probably for up to 5 years depending on your insurer) each time you renew. Although you weren't at fault insurers may still load your policy as you will pose an increased risk in their view. Different insurers will look at this differently as well and may well choose to ignore it.

forgotmyname

Yep you need to declare it for approx 5 years. And its quite likely you are now a higher risk and will be paying more.