Insurance claim - oh dear what have I done.

Adnila

On leaving work one cold, dark night I hit the metal gate at the entrance to the drive and somehow managed to tangle myself in it. I got an estimate for repair and as it was in excess of £900 decided to make a claim on my insurance. As soon as I put the phone down I thought I had probably made a mistake. I have a protected no claims bonus but looking at this site my premiums will go up because I have made a claim and even if I cancel the claim it will be logged and my premiums would go up anyway.

Is this definitely true? Would I be better off now proceeding with the claim or cancelling it and paying for the damage myself?

I felt a twerp for hitting the gate and now a feel a bigger twerp for making an insurance claim.

Strider590

Well you private estimate (£900) means the cost to repair by insurance will be nearer to £2500-£3000, then the hire car costs on top bring it to near £3500, so if your car isn't worth more than £4000 it'll probably be written off and the hire car cost will potentially be even higher.

Yes it's a great big scam, the whole industry is as bent as a nine bob note!!!!!

Your premiums will indeed go up even if you cancel the claim (it's now been recorded)

The amount will be between £50-£100 a year for 5 years.

It's not what you want to hear, but unfortunately it's just something we all have to bend over and take, until somebody takes insurance industry by the throat.... :mad:

Adnila

So I'd be better off now going ahead with the claim so at least I will have something from it?

Sgt_Pepper_2

Any damage to the gate?

Adnila

No fortunately