We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

NCD - Effect of a "no-fault" accident

sa3999
sa3999 Posts: 5 Forumite
in Insurance & life assurance
Hello

Quick question on NCD.

If I am involved in an accident and it is the other party's fault and their insurer agrees this, then will my claim against the other party's insurance policy reduce my NCD?

Thanks for your help

Rgds

Comments

  • phill99
    phill99 Posts: 9,092 Forumite
    Part of the Furniture 1,000 Posts
    It may not affect your NCD but it may affect your premium.
    Eat vegetables and fear no creditors, rather than eat duck and hide.
  • Quentin
    Quentin Posts: 40,405 Forumite
    sa3999 wrote: »
    If I am involved in an accident and it is the other party's fault and their insurer agrees this, then will my claim against the other party's insurance policy reduce my NCD?......

    No.

    If you don't make a claim on your own policy, and the third party accepts liability (meaning there will be no third party claim against you), then your NCD will be unaffected.
  • Just_Some_Guy
    Just_Some_Guy Posts: 232 Forumite
    "No fault" accidents (in the insurance sense of the phrase, i.e. the accident costs your insurer £0.00) do not affect your NCD. Your premium may still go up for being involved in an accident at all. This is known as a "claims load" and is a totally different thing to NCD.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture