We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
If your not reporting it why would you answer yes to the insurers?
To avoid having your insurance voided later on if you accidentally admit it?
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
If your not reporting it why would you answer yes to the insurers?
Because they don't ask you if you have had 'any claims' they ask you if you have had 'any accidents or claims' so to say no would be lying and they could potentially use it as a means to not payout when you hit that really expensive car!
Those who risk nothing, Do nothing, achieve nothing, become nothing
they could potentially use it as a means to not payout when you hit that really expensive car!
No they couldn't ... any claim that 3rd party might have would still be valid. They wouldn't need to pay out on the insured party's vehicle in such circumstances, and they'd also have the option to sue the insured party for the 3rd party costs, but they couldn't reject the 3rd party's claim.
