Car rolled with Handbrake on

LeafGreen

bargainhunter121 said:

How many years no claims am I likely to lose?

You said you have protected NCD so in theory, none.  It does get a bit murky though because the insurance company may load the premium due to the incident, and if you move to another insurer in the future, they may not “honour” the protection.

bargainhunter121

Is ncd protection kinda pointless then?

elsien

I’ve had a couple of claims on my car for various reasons and when I moved insurer, the protected no claims bonus has been honoured. 

Main website page for more information. 

https://www.moneysavingexpert.com/insurance/car-insurance/no-claims-discount/

Iceweasel

Aren't you going to get the handbrake checked out?

400ixl

bargainhunter121 said:

Is ncd protection kinda pointless then?

No, because it protects the amount of discount off of the base price. The base price may go up but the discount rate is protected. Without it the base price is the same, but the discount rate is lower.

It is really down to the 3rd party how this gets dealt with. If they decide to claim off your insurance then there is no choice for you. Whether you want to also claim for your damage is up to you.

Whatever the 3rd party decides, you need to inform your insurer you have had an accident.

bargainhunter121

Ice weasel, yes of course I will.

Slinky

To give some idea of likely cost, my OH scraped the bumper on his BMW recently. He had it filled and resprayed last week in a small bodyshop and it cost £450, so the 2007 car may well be a write off for that amount.

sevenhills

bargainhunter121 said:

Ice weasel, yes of course I will.

Are you an inexperienced driver, maybe a refresher course would help?

bargainhunter121

Sevenhills 14 years with no accidents. 

Goudy

It sounds like it would benefit you both to sort this out between yourselves.
If you both went via your insurance companies you will both have a claim on file, yours a fault, theirs's a non fault.

You need to talk to them, explain and discuss the various options but at the end of the day you are at fault so you aren't in the best position to negotiate, but common sense might prevail.

This will obviously effect future premiums for both of you if you went via the insurance, even with protected no claims.

Your insurance premium is worked out on risk then any no claims discount is applied as a percentage.
If you risk goes up due to a previous claim, so does your premium.
Premiums are already rising sharply anyway.

Protecting your NCD does just that, it locks that discount percentage.
If doesn't lock in your premium tough.

Protecting is better than not protecting in most cases, depending on cost as you'd normally lose a certain amount of no claims discount with a claim otherwise.
So not only would your premiums rise, you'd normally lose a portion of you NCD as well with a claim.