Accident at work. Do i need to tell my insurance company?

Roland_Sausage

I was recently involved in a collision whist driving a company fleet vehicle. I lost control in snow and ice at fairly low speed and hit an oncoming vehicle. No admission of liability was made due to company policy. There was damage to both vehicles but the police were not involved.

Do I need to notify the insurance company for my personal vehicle of this incident?

Retrogamer

Roland_Sausage wrote: »

I was recently involved in a collision whist driving a company fleet vehicle. I lost control in snow and ice at fairly low speed and hit an oncoming vehicle. No admission of liability was made due to company policy. There was damage to both vehicles but the police were not involved.

Do I need to notify the insurance company for my personal vehicle of this incident?

Yes, you'll need to declare this to your own insurance company as well.
It sounds like the claim you're involved in is still progressing currently, so not sure how your insurance will treat it at present.
I imagine it won't affect your premium until renewal.

Roland_Sausage

Yes it is ongoing at the moment.

The other issue I have is my insurance is up for renewal in about 10 days.

I have looked for quotes on sites like comparethemarket and they ask for previous accidents and the outcomes of the claim, etc. Obviously at this stage I do not know the outcome of anything, and there is a likelihood that the company insurance will sort it out and never get back to me either.

Retrogamer

Roland_Sausage wrote: »

Yes it is ongoing at the moment.

The other issue I have is my insurance is up for renewal in about 10 days.

I have looked for quotes on sites like comparethemarket and they ask for previous accidents and the outcomes of the claim, etc. Obviously at this stage I do not know the outcome of anything, and there is a likelihood that the company insurance will sort it out and never get back to me either.

If the claim is ongoing and not fully settled, then you might get increased premiums as they treat this as an at fault claim until it's resolved.

In the event you pay an increased premium due to it not being settled, and it settles as a non fault claim you can get the money back off your insurers you paid extra for it potentially being at fault.

JustinR1979

Plenty of people have prangs in company vehicles and don't tell their insurance, mainly because they don't know they should.
I never have, nor have any workmates.
Not saying you shouldn't however....

arcon5

If its an any driver type policy then its unlikely to even have your name recorded on the CUE.

As for not admitting liability at the scene, I hope this doesn't equate to 'I didn't apologise for crashing in to an oncoming car'.

JustinR1979

arcon5 wrote: »

If its an any driver type policy then its unlikely to even have your name recorded on the CUE.

That's handy to know, thanks

Retrogamer

At the real risk of the employers insurance company leaving the drivers name & other details noted anywhere that other insurance companies may be able to view, i wouldn't bother.

If you ever have a policy cancelled due to non disclosure, then you'll have a lifetime of bad premiums to worry about rather than 5 years.
Not worth the gamble IMO.

Roland_Sausage

arcon5 wrote: »

If its an any driver type policy then its unlikely to even have your name recorded on the CUE.

As for not admitting liability at the scene, I hope this doesn't equate to 'I didn't apologise for crashing in to an oncoming car'.

Yes it is an any driver type thing. I can drive any company vehicle which I am qualified to and any other employee is allowed to drive my vehicle.

I must be listed as the primary driver as I get the service reminders, and was getting the tax discs sent to me.

And yes, I probably did apologise.

Roland_Sausage

Retrogamer wrote: »

At the real risk of the employers insurance company leaving the drivers name & other details noted anywhere that other insurance companies may be able to view, i wouldn't bother.

If you ever have a policy cancelled due to non disclosure, then you'll have a lifetime of bad premiums to worry about rather than 5 years.
Not worth the gamble IMO.

Think I will take your advice on this and give them a call. It's a little annoying that incidents at work can affect my personal insurance, but hey ho.

Retrogamer

Roland_Sausage wrote: »

Think I will take your advice on this and give them a call. It's a little annoying that incidents at work can affect my personal insurance, but hey ho.

It all depends on the risk you present. If you were in an at fault accident, regardless of the policy then you're (according to insurers) more likely to be in another.

My dad had an accident in his car and didn't declare it on his motorcycle insurance. Shortly after he renewed with them, they sent him a letter asking him to explain why he had non disclosure. They didn't cancel his insurance because he pleaded ignorance so they just backdated his policy to take into account the extra premium he should have been paying.