Not at fault claim

Ak92

Hello,
My car was hit by a neighbour whilst it was parked up outside my house. The neighbour has admitted fault and I am claiming through their insurance. Question is do I have to let my insurers know of the not at fault incident? Even if I say it is for 'information only' will they increase my monthly payments?

Thankyou

comeandgo

You tell them if it is a condition of your insurance contract and yes, your insurance will go up as you live next door to a negligent driver so there is a chance they will do it again.

loskie

I had a non fault accident and claimed off the other parties insurer. No effect on my insurance with Direct Line. You must notify your insurer whether or not you want to.

chrisw

The insurance companies talk to each other and record incidents on a database, so your company could easily find out an incident had occurred.

They won't increase your current monthly payments, if there is any increase it will be at renewal when your free to shop around. However you would need to declare it.

In the real world, the only circumstances where you 'might' decide not to declare it is if your neighbour was paying you directly and you could be certain the insurance company would not find out.

unholyangel

There usually isn't any difference until renewal and the only way to check what the difference is, is to compare quotes without the no fault claim versus quotes with the no fault claim.

The premium isn't a personal thing - its statistical. Statistically, drivers who make a no fault claim will then go on to make an at fault claim. This is why insurance premiums can increase even when it wasn't your fault. Likewise you could be the safest driver in the world but because other people of the same age group, profession, who have the same car etc get into accidents, your premiums are affected as a result.

The NCB is the personal element of the risk assessment - that you receive a discount because you've driven safely without incident for x years.

But yes, you need to inform your insurer. You'll also need to declare it on future policies or risk being caught out for fraud.