Can you withdraw an insurance claim?

facade

If your insurer can make a full recovery, then it should not affect your NCD, as effectively you are claiming from the third party insurer, via the admin of your own company.

If they can't make a full recovery, you would lose your NCD, but you wouldn't have got the money from the third party either.

cherryblossomzel

Oh OK. Looks like it'll work out the same either way as I do want to get the damage repaired. I'll just keep the claim to my insurer going.

Thanks for the help, I've not been in accident in the UK before, so not sure how all this works.

Aretnap

Claiming from your own policy means that your NCD will be reduced initially. It will be restored if/when your insurer recovers the money from the other side - but that process can take a few months (even for a straightforward claim) and if your renewal date comes in the meantime it can cause you problems.

Claiming from your own insurer also means paying your excess upfront (unless they're kind enough to waive it) and then claiming it back from the third party.

Going direct to the third party's insurer avoids both of these issues, which is why it's usually a good idea in simple cases where there's no dispute over liability. You might have problems going down that route if the other driver denys being there or disputes your version of events - but if the other insurer won't play ball you can always go back to your own and claim on your own policy instead.

regprentice

I recently raised a no fault claim through my insurer (privilege) and didnt have to pay anything out (no excess) and had everything, including a hire car, dealt with without problems. Ultimately i transferred the remainder of my policy to a similar car without having to pay any extra. if you are clearly not at fault i dont see why you wouldnt do this.

I had one colleague tell me to avoid a no fault claim as 'even no fault claims impact your insurance' but having taken a number of quotes i didnt find that to be the case. It transpired that my colleague had had 8 no fault claims in a year....i suspect the insurers felt that that degree of bad luck was perhaps not completely 'no fault'

cherryblossomzel

regprentice wrote: »

It transpired that my colleague had had 8 no fault claims in a year....i suspect the insurers felt that that degree of bad luck was perhaps not completely 'no fault'

Haha yes, you can't really blame the insurer for that can you?

I will talk to my insurance first thing tomorrow and ask how they'll handle this and decide then. Found a website (ukvehicle.com) that claims that that car is untaxed, but has a valid MOT. The DVLA website says the car doesn't exist. I shall talk to the police tomorrow early also.

cherryblossomzel

Oh well askmid has no insurance details. Either I got the reg wrong, or they're not insured, which would explain the driving off.

Axa has an uninsured driver promise and this shouldn't affect my NCD if they're satisfied that I was not at fault. Let's hope reason prevails.

Silver-Surfer_2

cherryblossomzel wrote: »

Oh well askmid has no insurance details. Either I got the reg wrong, or they're not insured, which would explain the driving off.

Axa has an uninsured driver promise and this shouldn't affect my NCD if they're satisfied that I was not at fault. Let's hope reason prevails.

Check the gov mot site. It'll confirm make and model.

specialboy

Silver-Surfer wrote: »

Check the gov mot site. It'll confirm make and model.

As above or put the reg through an APP called 'MyCarCheck'

Marvel1

When someone hit out my car outside my house 3 weeks ago while it was parked up, the Police got the details for me, no hit and run, their car ended up on its side. I jjust rang my insuer straight away, they said as it's clearly non fault my NCD will be unaffected.

2010

specialboy wrote: »

As above or put the reg through an APP called 'MyCarCheck'

There`s a fee for this.