Car insurance - how will this affect me?

goldndelicious

Hi all, hope you can help.

Today, i was driving a hire car from work, for work, on the way to another place of work. - We have a company wide insurance.

Whilst sat stationary in the fast lane of the M1, the person behind me decided they would pull into the middle lane as that was moving faster.

As they did this, the bumped into the bumper of the hire car and put a nice dent in it.


We swapped details etc and i contacted the hire car company and our corporate insurance people etc.

The other person is clearly in the wrong, and providing all goes well, this will be resolved via the corporate insurance.



So my question is : when it comes to renewing my own private insurance on my private car - how will this affect me?

My presumption is that i will answer yes to any "have you been involved in an accident" questions, but no to any "have you made any claims" questions.

If my premiums will be affected by this, does anyone know by potentially how much? and does/should my no claims discount still stand - especially as i am not making a claim via my personal insurance - this will all be handled via my employers corporate insurance.

Thanks in advance

InsideInsurance

Do a dummy quote on an aggregator like Confused, one with your claims history prior to today and one with this incident declared. Some insurers will put a load on for a single non-fault insurers others wont for a single one.

Unfortunately this is of cause assuming the TP gives the same version of events. There is a disturbing frequency for two parties to disagree about what happened and with the lack of any independent evidence end up being settled on a split liability basis.

forgotmyname

You have your full no claims but report that incident. As above it may or may not be as easy as they admitted blame.

After they have spoken to a few friends they could twist the truth until it was entirely your fault and they are seriously injured.

£1000's worth of personal injury claim.

goldndelicious

thanks both,

say they decide to be awkward and it reaches a shared liability, or worst case it is deemed my fault.

Does this then affect my no claims bonus? taking into account the claim is being made through the corporate insurance rather than my private insurance?

Would my private no claims bonus count for anything?

vaio

your personal NCB only gets affected if your personal insurer pay out and can't recover from a third party.

The repair will be paid by the other driver (or absolute worse case, by your firms insurance), either way your personal NCB won't be affected.

InsideInsurance

Your NCD isnt impacted but you would have to declare a fault claim and so you would almost certainly see an increase in premium. The NCD of cause is just a percentage discount, doesnt mean the base premium wont raise.