Minor Car Accident/Prang

Feedback_2018

Hi all,

Had a minor car orang last week - have notified insurance company as is standard procedure.

Damage to their rear bumper is minimal, and I mean cosmetically it looks slightly different up close. Have agreed to settle privately, as I highly doubt it will be any more than £250 (if that) and no brackets broken etc

My questions are;

- What details do I need to settle privately?
- Can I ask to see both the quotes and contact the garages to pay direct or give the guy the cash?
- What documentation, if any, do I need to sign etc to confirm I’ve paid? I.e. don’t want to pay then find they make another claim for money from me...

Thanks all

foxy-stoat

Why would you want to settle privately now you have notified your insurers as your premiums may go up regardless?

How many years NCD do you have and is it protected?

Feedback_2018

Legally you have to notify the insurance company and secondly it!!!8217;s on a company policy.

I would like to focus on the required course of action for a private settlement as above please.

Thanks

Comms69

Feedback_2018 wrote: »

Hi all,

Had a minor car orang last week - have notified insurance company as is standard procedure. - So why are you settling privately?

Damage to their rear bumper is minimal, and I mean cosmetically it looks slightly different up close. Have agreed to settle privately, as I highly doubt it will be any more than £250 (if that) and no brackets broken etc - Wow, when a wing mirror is more than £300, I think you'll be lucky to get away with less than a cool thousand.

My questions are;

- What details do I need to settle privately? - Their bank account?
- Can I ask to see both the quotes and contact the garages to pay direct or give the guy the cash? - you can ask, but they can refuse. They are under no obligation to fix anything.
- What documentation, if any, do I need to sign etc to confirm I’ve paid? I.e. don’t want to pay then find they make another claim for money from me... - you are open to another claim for the next 6 years, whatever you sign or say.

Thanks all

Seems foolish settling privately, but best of luck

foxy-stoat

Feedback_2018 wrote: »

Legally you have to notify the insurance company and secondly it!!!8217;s on a company policy.

I would like to focus on the required course of action for a private settlement as above please.

Thanks

You are not breaking any laws if your don't notify your insurers of an accident.

Car_54

foxy-stoat wrote: »

You are not breaking any laws if your don't notify your insurers of an accident.

you're not (directly) breaking any criminal law, but in civil law you are placing your company in breach of their contract with the insurer, and you are almost certainly in breach of your contract of employment.

debtdebt

What makes you think the damage will cost £250 to fix? Do you have access to Audatex or something?

There!!!8217;s nothing stopping the the third party presenting a claim for PI once you settle the damage element of their claim.

Stop being an idiot and let your insurers deal.

Geodark

Feedback_2018 wrote: »

Hi all,

Had a minor car orang last week - have notified insurance company as is standard procedure.

Damage to their rear bumper is minimal, and I mean cosmetically it looks slightly different up close. Have agreed to settle privately, as I highly doubt it will be any more than £250 (if that) and no brackets broken etc

My questions are;

- What details do I need to settle privately?
- Can I ask to see both the quotes and contact the garages to pay direct or give the guy the cash?
- What documentation, if any, do I need to sign etc to confirm I’ve paid? I.e. don’t want to pay then find they make another claim for money from me...

Thanks all

What you term minimal and what is actually wrong could be two different things - someone ran in to the back of me at low speed once, looked to be minimal damage so we just left it at that with it being an old banger I was in - only when I got the car up on the ramps could I see the proper damage - you could be talking quite a bit of cash for a bumper repair, especially if a crumple zone or anything similar has been affected.