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Car Insurance.

niiyeb
niiyeb Posts: 1 Newbie
Photogenic
edited 3 March at 10:56AM in Insurance & life assurance
A friend had an accident just 2 days before her car insurance cover expired. She has a different policy provider for her renewal and a deposit has been paid for a monthly payment. What does she have to do now? Will her insurance premium go up straight away with her already agreed policy with the new insurance provider if she tells them? 
Thank you. 

Comments

  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    niiyeb said:
    A friend had an accident just 2 days before her car insurance cover expired. She has a different policy provider for her renewal and a deposit has been paid for a monthly payment. What does she have to do now? Will her insurance premium go up straight away with her already agreed policy with the new insurance provider if she tells them? 
    Thank you. 
    She needs to inform the new insurer of the incident. What impact it will have will depend on the nature of the incident and her background before this incident but yes they can adjust the premium given the pre-inception change in circumstances
  • sheramber
    sheramber Posts: 22,693 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    niiyeb said:
    A friend had an accident just 2 days before her car insurance cover expired. She has a different policy provider for her renewal and a deposit has been paid for a monthly payment. What does she have to do now? Will her insurance premium go up straight away with her already agreed policy with the new insurance provider if she tells them? 
    Thank you. 
    That should read ”when she tells them”.
  • Keep_pedalling
    Keep_pedalling Posts: 21,015 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    It depends on the terms of her policy, but I suspect she will need to inform them. 
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