Anyone got Car insurance with 9 points through Co-op Insurance?

celiab_2

Co-op Insurance have voided my insurance policy after having an accident because I forgot to tell them about my 9 points. They are now seeking from me over £300,000 in third party claims, plus over £40,000 for the third party solicitor fees.


Has anyone had Co-op Insurance with 9 points?


Co-op won't say whether they would have insured me or not had I informed them of the points prior to the road accident, so I would like to know if anyone has had insurance from them with 9 points.


I wasn't deliberately misleading the Co-op. I renewed my car insurance with them (for a 2nd year) and had genuinely thought I had indeed already told them of my points in the previous year (it was £600 for a Nissan Leaf). Yes, stupid that I didn't check and unlucky that their pay out seems to be so high and totally beyond my financial situation.

GTE_Boy

celiab wrote: »

Co-op Insurance have voided my insurance policy after having an accident because I forgot to tell them about my 9 points. They are now seeking from me over £300,000 in third party claims, plus over £40,000 for the third party solicitor fees.


Has anyone had Co-op Insurance with 9 points?


Co-op won't say whether they would have insured me or not had I informed them of the points prior to the road accident, so I would like to know if anyone has had insurance from them with 9 points.


I wasn't deliberately misleading the Co-op. I renewed my car insurance with them (for a 2nd year) and had genuinely thought I had indeed already told them of my points in the previous year (it was £600 for a Nissan Leaf). Yes, stupid that I didn't check and unlucky that their pay out seems to be so high and totally beyond my financial situation.

So unless you were on auto renew you must have answered no to having any convictions. Even if it was auto renew you answered no the year before.

BeenThroughItAll

Schools have broken up, haven't they?

KaiserBill

I forgot to tell them about my nine points.............

BeenThroughItAll

For 300K in third party claims, you've got to wonder what fantasy accident the OP has come up with.

Go on OP, what was it? Crashed into the Ferrari dealership? Took a wrong turn in Monaco and demolished an F1 pit?

facade

Whether they would have quoted you if you had declared 9 points seems moot, as they are hardly going to let you pay another £500 to be forgiven and then suck up £339,500 unfortunately.

Fact is, you made a false declaration to obtain insurance whether intentionally or unintentionally, and the insurer is entitled to void your policy, refuse any claim you make, and seek to recover anything that they legally have to pay out to a third party.

Most likely you will get taken to court and will be required to pay a fixed sum per week/month rather than £340,000 in one go, if you can arrange your affairs correctly, you could get this low enough that you won't ever pay it all back.

redped

KaiserBill wrote: »

I forgot to tell them about my nine points.............

Sure it wasn't your nein points, Kaiser?

angrycrow

The figures don't add up. Costs on £300000 claim would be a lot higher than £40000 unless it was a building that he hit causing considerable structural and contents damage.

dacouch

angrycrow wrote: »

The figures don't add up. Costs on £300000 claim would be a lot higher than £40000 unless it was a building that he hit causing considerable structural and contents damage.

The £300k is mainly injury claims, hence the £40k in legal costs

dacouch

celiab wrote: »

Co-op Insurance have voided my insurance policy after having an accident because I forgot to tell them about my 9 points. They are now seeking from me over £300,000 in third party claims, plus over £40,000 for the third party solicitor fees.


Has anyone had Co-op Insurance with 9 points?


Co-op won't say whether they would have insured me or not had I informed them of the points prior to the road accident, so I would like to know if anyone has had insurance from them with 9 points.


I wasn't deliberately misleading the Co-op. I renewed my car insurance with them (for a 2nd year) and had genuinely thought I had indeed already told them of my points in the previous year (it was £600 for a Nissan Leaf). Yes, stupid that I didn't check and unlucky that their pay out seems to be so high and totally beyond my financial situation.

For those thinking the OP is a Troll, I strongly believe you're wrong as the question they're asking would only be known by someone who is either very well informed or is in the exact situation that the OP describes.

The relevant law for anyone not familiar is the Consumer Insurance Act

https://www.abi.org.uk/Insurance-and-savings/Tools-and-resources/How-to-buy-insurance/What-the-Consumer-Insurance-Act-means-for-customers

OP your Insurers would not take such a decision without thoroughly checking and having the relevant proof they would not accept you as a customer had you disclosed the correct information to enable them to provide the type of proof the Ombudsman would expect to see when you inevitably complain to the Ombudsman.

That is not to say that mistakes don't happen so it's worth you checking.

Bear in mind that assuming they would have covered you had you declared the 9 points. The law gives them the opportunity to void the policy if they feel you deliberately miss led them.

I'm guessing before you decided to renew your CIS policy you ran quotes through on comparison sites declaring the 9 points. If you used any sites that the CIS provide quotes for then they will have details of you obtaining quotes declaring the 9 points which I assume were considerably more expensive than the CIS renewal quote.

If you then renewed the CIS policy without declaring the 9 points it can be viewed as evidence that you deliberately witheld the details of the 9 points to obtain a cheaper quote.

peter_the_piper

Whether the story is real or made up it should be a lesson to everyone that you are very unlikely to shaft an insurance company. You might for a while but it usually comes back to bite you.