Is it worth reporting theft of catalytic converter?

williamgriffin

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

Scrapit

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

You mean should not will have to.

foxy-stoat

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

foxy-stoat

Scrapit said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

You mean should not will have to.

No I stand by my original statement, go on record to the Police then you WILL HAVE to go on record to your insurers to be 100% fire proof for future claims.

Thanks for the correction suggestion though.

williamgriffin

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

Do you honestly believe they will contact all 43 forces in England and Wales, Police Scotland, BTP and Mod Plod on the off chance their client has reported something in the past five years?

foxy-stoat

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

Do you honestly believe they will contact all 43 forces in England and Wales, Police Scotland, BTP and Mod Plod on the off chance their client has reported something in the past five years?

Seems that you do not then.

Do you honestly believe that the insurer wouldn't contact any of the databases available to them if they are faced with a £15,000 theft claim, for example?

williamgriffin

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

Do you honestly believe they will contact all 43 forces in England and Wales, Police Scotland, BTP and Mod Plod on the off chance their client has reported something in the past five years?

Seems that you do not then.

Do you honestly believe that the insurer wouldn't contact any of the databases available to them if they are faced with a £15,000 theft claim, for example?

Well there's 46 on that list, do you think they'll make requests to each individual police force?

foxy-stoat

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

Do you honestly believe they will contact all 43 forces in England and Wales, Police Scotland, BTP and Mod Plod on the off chance their client has reported something in the past five years?

Seems that you do not then.

Do you honestly believe that the insurer wouldn't contact any of the databases available to them if they are faced with a £15,000 theft claim, for example?

Well there's 46 on that list, do you think they'll make requests to each individual police force?

I do not know - do you know they won't?

Suppose the OP reports this theft, then has their car stolen in a year or 2, they will have to report that to the police and get a crime reference number for their claim.  It wouldn't be unreasonable for the police to link the 2 incidents on their system, it wouldn't be unreasonable for the insurers to make inquiries as part of their investigations before paying out on a total loss.

Anyway, you seem to need me to explain my reasoning for my comment, hopefully the OP will make up their own minds about reporting their theft. I think the question was answered in post #2.

williamgriffin

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

williamgriffin said:

foxy-stoat said:

If you report it then you will have to report it to your insurers also and if you change your insurers, for the next 5 years it may effect your premium.

Why? The police won't share that information.

When/if the OP needs to make a claim in the future for a theft then the insurers will do a search with the crime agencies and it will show up that they have had a theft and loss and not informed their insurers so they may well not pay out.

Do you honestly believe they will contact all 43 forces in England and Wales, Police Scotland, BTP and Mod Plod on the off chance their client has reported something in the past five years?

Seems that you do not then.

Do you honestly believe that the insurer wouldn't contact any of the databases available to them if they are faced with a £15,000 theft claim, for example?

Well there's 46 on that list, do you think they'll make requests to each individual police force?

I do not know - do you know they won't?

Suppose the OP reports this theft, then has their car stolen in a year or 2, they will have to report that to the police and get a crime reference number for their claim.  It wouldn't be unreasonable for the police to link the 2 incidents on their system, it wouldn't be unreasonable for the insurers to make inquiries as part of their investigations before paying out on a total loss.

Anyway, you seem to need me to explain my reasoning for my comment, hopefully the OP will make up their own minds about reporting their theft. I think the question was answered in post #2.

They'd only link the two offences if they occurred in the same force area. If they did why should the insurance company be allowed information that isn't related to the claim thats ongoing? 

George_Michael

williamgriffin said:

They'd only link the two offences if they occurred in the same force area. If they did why should the insurance company be allowed information that isn't related to the claim thats ongoing? 

Because an insurance company is entitled to any information that affects their liabilities under a policy that they provide and when taking out a policy, you will be agreeing to provide this information.
Even though a previous incident may not be directly related to a current claim, that previous incident could have an effect on how your premium is calculated so to say that it isn't related isn't correct.