Car accident - Liability, 100% 0r 50/50%

bobby_davro_2

Hi, Can someone tell me the difference between a percentage liability.

If the accident is definitely your fault and deemed 100% liable, what does this actually mean? That your insurance company covers all costs for both drivers and cars to be fixed?
If so, how does that affect the person in the long run. Is the excess of about £500 the most they will have to pay? But next year, the premiums will be slightly higher due to loss of no claims. Does the size of the claim from the other driver impact the costs for the following years?

But if, instead the claim is 70/30 or 50/50, how does this affect things for the driver?

McKneff

If the accident is defo the drivers fault, then the insurance will certainly pay the other vehicles costs, but of course it depends on whether the guilty car is insured fully comp or not. The guilty driver will indeed have to pay the excess but only if the 'guilty' car is repaired. No excess to pay from the innocent party's claim.

'premiums slightly higher' ha, ha, don't be daft.

forgotmyname

As above only covers your car if you have comprehensive insurance. And you will have to pay out the excess if claiming for your car.

Its not just the no claims that increases the premium. You have had an accident so now pose a higher risk. Figures suggest your likely to have more.

So its not just a little increase in premium.

They still seem to count 5 years as maximum when you lose 2 years. So even of you had 10 years no claims you will drop down to 3 years.

Then its likely to be a big increase. Then you get the hassles of the value of the car and overpriced repairs.
So they may deem your car not worth fixing and give you less than you think its worth or not enough to buy another car.

£500 excess? Is your premium quite high anyway? You could be adding £1000+ a year....

Increased premiums for 5 years... And it will be recorded on the database now.

Quentin

bobby_davro wrote: »

....... instead the claim is 70/30 or 50/50, how does this affect things for the driver?

The difference if the driver is held partially to blame, then he can claim a proportion of his uninsured losses from the third party.

So if the liability is 30% your fault, you can claim 70% of all your uninsured losses (eg Excess/hire car charges/compensation for injury etc) from the other side.

bobby_davro_2

Quentin wrote: »

The difference if the driver is held partially to blame, then he can claim a proportion of his uninsured losses from the third party.

So if the liability is 30% your fault, you can claim 70% of all your uninsured losses (eg Excess/hire car charges/compensation for injury etc) from the other side.

So does this part affect the premiums in the future? Not the costs at the time as insurance will cover all that. I only have 4 years no claims at the moment, so I guess if i drop down to 2, it may not be a huge change?

vaio

Base premiums in the future will increase significantly because you have had a fault accident and generally they don't differentiate between total & partial fault.

and, the discount you get on the base premium will be reduced as you now have less NCB (4 years = 60%, 2 years = 30% but varies by company)

As always, shop around