No fault insurance premium increase

Carrottop77

My car was parked on the side of the road well away from other parked cars when a car from the other side of the road reversed into my side drivers door. She admitted full responsibility. I told my insurers of the incident who told me my premium might go up. I explained it wasn’t my fault. Rightly so when it came to renewal my premium had gone up & when I checked with other insurers they all added the extra even without telling them about the accident as they knew it had happened because of the “cartel” website which records all no claim claims. 

This additional premium over the next 5 years will be over £400. Why? Why am I paying for something that was not my fault? Do I have any way of claiming this back?

Browntoa

Insurance is based on risk

Your risk is now evaluated as higher so even with no loss of no claims you pay more I'm afraid

Sandtree

Carrottop77 said:
insurers they all added the extra even without telling them about the accident as they knew it had happened because of the “cartel” website which records all no claim claims. 

This doesn't make sense... how can you tell they are adding extra if you haven't told them about the claim? Whilst some may query CUE in real time it is a long way from being all of them!

Carrottop77

Because LV had recorded the claim on the cartel website!

Carrottop77

Why am I at higher risk just for being there? I’ll pay more just for breathing soon!,

AdrianC

Carrottop77 said:

Why am I at higher risk just for being there?

Where I used to live, my car was hit four times over the years by people reversing out of the drive over the road, mostly minor nudges, but one serious damage.

It was scraped once by a car that rolled away from up the hill, which then pushed next door's car into a phone pole and wrote it off.

I don't live there any more, so don't park there any more.

Am I now a higher or lower risk of costing my insurers money, because somebody's then done a runner leaving me no option but to claim off my own policy?

That's why insurers use previous history (even non-fault) as a guide for your premium. People who get hit once are quite simply more likely to be hit again because of where they drive and park.

Ignore the conspiracy theories - an insurer who could charge a lower premium than other insurers, and still make a worthwhile profit, would simply clean the market up.

BOWFER

It's by no means automatic that a 'no fault all costs recovered' incident increases premiums.
My mother and my wife both suffered from these sorts of accidents, no increase in premiums.
Shop around, simple as that.

Carrottop77

BOWFER - which insurers did they use?

BOWFER

Carrottop77 said:

BOWFER - which insurers did they use?

No clue.
TBH the insurers they were with at the time may have tried to increase premiums, I honestly can't remember.
But seeing as we change insurers just about every year, I'm 100% positive whoever they went with the following year didn't cost them any more than the pre-accident premiums.
So shop around.

ontheroad1970

BOWFER said:

It's by no means automatic that a 'no fault all costs recovered' incident increases premiums.
My mother and my wife both suffered from these sorts of accidents, no increase in premiums.
Shop around, simple as that.

But would those insurers have given a lower premium quotation had the no fault claims not been there?

BOWFER

ontheroad1970 said:

BOWFER said:

It's by no means automatic that a 'no fault all costs recovered' incident increases premiums.
My mother and my wife both suffered from these sorts of accidents, no increase in premiums.
Shop around, simple as that.

But would those insurers have given a lower premium quotation had the no fault claims not been there?

What you're suggesting is that their existing insurers may have offered renewals at less than the year before, had the accidents not happened.
I've never, ever seen an insurance company offer a renewal at less than the previous year under any circumstance, so I'm confident we can ignore that little flight of fancy.