Car Insurance - not declaring speeding ticket

Coldred

Hi All

18 months ago i got a speeding ticket, when i renewed my insurance i didnt inform the insurance company as i was under the impression that i'm not legally obligated too.

If i have an accident and claim, will this count against me, could it invalidate my insurance?

thanks

Mark_Mark

Coldred wrote: »

Hi All

18 months ago i got a speeding ticket, when i renewed my insurance i didnt inform the insurance company as i was under the impression that i'm not legally obligated too.

If i have an accident and claim, will this count against me, could it invalidate my insurance?

thanks

You were under the wrong impression and it could come back and bite you.

scotsbob

Insurers share a database, when your insurance company find out and place the info on the database then you may find it difficult and certainly expensive to re-insure.

Bigphil1474

Agree with Mark_Mark. If you'd taken out insurance with a new company instead of renewing, they would have asked if you had any motoring offences. Whilst you may not have told your existing company that you hadn't (auto renewal so no questions) you should have told them at the time of renewal. From memory, I think they ask you on the renewal documents whether anything has changed, and this would be something that has.

arcon5

You got a speeding ticket ... So points and a fine ? And when asked by your insurer if you have any motoring convictions or offences you said no..

A non-disclosure which affects the level I perceived risk to them.

If you have an accident and they find out you will likely be notified your policy is being cancelled and they are seekin reimbursement from you.
If you tell them now at the very least they'll recalculate your premium and your gonna be basically bent over a barrel.
Third option being to cancel now and setup a new policy elsewhere making the correct declarations and if asked you moved to save money etc

Aretnap

Coldred wrote: »

Hi All

18 months ago i got a speeding ticket, when i renewed my insurance i didnt inform the insurance company as i was under the impression that i'm not legally obligated too.

If i have an accident and claim, will this count against me, could it invalidate my insurance?

Yes. Specifically they'll probably ask to see your driving licence when you make the claim, and when they see an endorsement which you haven't declared they'll refuse to pay the claim and cancel the policy. For a minor accident the cancelled policy could end up costing you more in the long run, as you'd then have to declare for the rest of your life that you'd had a policy cancelled, which will make it difficult to get insurance at reasonable rates forever more. For a serious accident where you caused someone serious injuries, the claim could end up costing you everything you own.

Your options now are (1) ring them up, tell them about the endorsement and pay whatever additional premium they ask for, (2) cancel the policy yourself, and take out a new one making sure you answer the questions about your convictions accurately or (3) do nothing and pray you don't have an accident. Obviously I don't recommend (3) as if you did have an accident you would end up in a world of pain.

Johno100

arcon5 wrote: »

You got a speeding ticket ... So points and a fine ? And when asked by your insurer if you have any motoring convictions or offences you said no..

I think that is one thing the OP needs to clarify. He/she may have taken a Speed Awareness Course which changes things.

dacouch

scotsbob wrote: »

Insurers share a database, when your insurance company find out and place the info on the database then you may find it difficult and certainly expensive to re-insure.

Insurers do not share a database about speeding convictions.

Obviously Insurers within the same group eg Admiral and Diamond share their own database.

Antimoron

I personally don't believe that you "were under the impression" that you didn't need to tell them.

I think you knew and chose not to - which will soon make getting insurance near impossible if they cancel on you.

GingerBob_3

scotsbob wrote: »

Insurers share a database, when your insurance company find out and place the info on the database then you may find it difficult and certainly expensive to re-insure.

Well that's funny, because every time I move insurer they all ask for written evidence of my no claims bonus. How's that then?

sharp910sh

They will find out. WHen i claimed on my insurance I have to do a three way call with the DVLA to confirm I have no speeding fines.