Car Insurance - withdrawing a claim?

smartpicture

Someone reversed into my car, admitted it at the scene, but won't admit it to my insurance company who aren't interested and want to do knock-for-knock. Obviously that would increase my insurance next year.

The other driver has now txt me directly, suggesting that we sort it outside of the insurance and said that was always their intention.

If I withdraw the claim with my insurance company, will I still be penalised by them, either by losing my no claims or having a higher base premium next year?

OnanTheBarbarian

A likely increase due to the incident being reported and the need for you to declare it for the next 5 years.

You should be able to get your NCD allowed if you withdraw the claim. Your insurer may want some proof from the other party that they won't pursue a claim, otherwise they may keep the claim open incase the problem doesn't go away.

Quentin

Have you actually made a claim (if so why hasn't your insurer set about getting your repairs done)


If you have made a claim you can cancel it though you will have to reimburse your insurer any costs they have incurred to keep your NCD intact.


If you haven't actually made a claim then ask them to ensure it's just marked as an "information only" incident, which means that should the third party renege you can still go back and pursue a claim (always assuming you have comprehensive cover)

smartpicture

I do have comprehensive cover. They haven't said anything about getting it fixed yet, but they did check that it was still driveable, which it is. I presumed when I told them what happened that was 'making a claim'?

So I would still have to declare it for 5 years even if it didn't proceed?

My insurance company is Diamond (linked to Admiral) if that makes a difference?

Quentin

Yes - you are asked about all losses even if no claim ensued when asking for a quote.


This loss will have been entered on the shared database

skintpaul

I would inform own insurer, of the other driver's 'offer' - seems they have something to hide?