50/50 split liability with inaccuracte policy details

Quentin

wuzzbert wrote: »

So what your saying here is that I'd have to pay my insurance the third parties bill and then it would be up to me to claim my bill back off thier insurance directly myself? And in addition to that would i be entitled to claim off them if I was technically uninsured?

Yes (if the worst happens), then you being "uninsured" won't stop you claiming your portion off the third party.

ie. If this is concluded at 50/50, you claim 50% of your costs off the third party.

wuzzbert

I'm confused

McKneff

hugoshavez wrote: »

Not that sure it is, their letter about the 50/50 intention; does it actually ask you to do anything?

Are you thinking it's probably worthwhile claiming for your own damage because of this?

It's probably unlikely they'd void for one SP conviction.

Probably looking at an increased premium, backdated.

They probably wouldnt void it for one SP conviction, it's the non disclosure that could (hopefully not but) cause the cancellation.

wuzzbert

??????????

wuzzbert

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mikey72

If you clicked through from a comparison website, it's not unheard of for the information to be lost en route. If the insurer does anything but backdate the premium increase (and it should be a reasonable increase, not a punitive one) remind them of the FSA guidelines, http://www.fsa.gov.uk/pages/consumerinformation/product_news/insurance/price_comparison/index.shtml (Run a dummy quote on their website, false name, close postcode, correct history, generic car, to get an idea of the difference in cost before you do anything else)

Quentin

wuzzbert wrote: »

Right I'm confused, i thought 50 / 50 means:
They claim all their bill off me, I claim all my bill off them.

You're saying:
They claim 50% of their bill off me and I claim 50% of my bill off them.

Is what you are saying right?

It is .

Quentin

wuzzbert wrote: »

Summing up then:

- My insurers could cancel my insurance therefore I have to pay half of the third parties costs and then it would be up to me to claim half of mine off the third parties insurers directly myself, this is still achieveable even though technically I was uninsured. The third party or their insurer could not take any further action due to be being uninsured.

OR

- My insurance pay them half of their costs and they may ask me for a back payment to reflect my premium had the conviction been declared at the quote.

Is this right?

Yes .

Quentin

wuzzbert wrote: »

One more thing, if their 50% claim is minimal can i offer to pay it myself in order to avoid loosing my no claims?

and if my insurance was cancelled would my previous years no claims stay in tact?

Yes, you can reimburse your insurer and retain your NCD (assuming your policy not cancelled), but bear in mind the bill may be for more than just repairs (eg car hire/taxi fares etc)

If your insurance is cancelled, you would retain your previous NCD (as long as your insurer was reimbursed all their costs paid to the third party).