Points not delcared on insurance!

raskazz

Quentin wrote: »

I think I've said too much already. Really.

But you will know that a physical clean licence is not necessarily the correct picture these days, hence the greater use of computers.

Readers must decide which is the correct info here - though the main message is if you lie on your insurance proposal form, bear in mind it may seem alright but then go pearshaped if you make a claim.

I am a motor underwriter.

I am not saying that people have carte blanche to misrepresent facts or leave material facts undisclosed, merely explaining to the OP the way in which his or her case will be dealt with.

I'm sure readers will decide what is the correct info - advice based on layman's assumptions or advice referenced so as to be verifiable.

Quentin

raskazz wrote: »

I am a motor underwriter.

You also told us that you used to deal with these enquiries day in day out.

Maybe things have progressed without your knowledge.

V_tricky

Hi,

Handbags aside, I don't know whether there is a Big Brother computer that can recall details of drivers endorsements, although I'm inclined to believe the linked sites above.

Just wanted to add that I doubt any insurer is going to be significantly bothered by just 3 points, unless there are other fraud indicators also, as this is only a relatively minor offence.

What the insurer will do is recalculate the premiums since the renewal following the SP30 and if they would have offered insurance, they would ask for the additional premium to be paid before dealing with the claim normally. You might not be invited for renewal at the next renewal date though, which you will have to disclose to any other prospective insurer.

If they wouldn't have offered cover, then they would void the policy back to renewal.

OP - let us know how your grovelling went on!

Tozer

Going back to the original query, I very much doubt that 3 points accured some years ago will be a problem at all as no reasonable insurer would have declined to cover. I suspect that once they find out they will charge you a token amount to cover the extra risk which they perceive in covering a driver for that time with 3 points as opposed to no points. I cannot imagine this will be very much at all.

Tozer

V_tricky wrote: »

Hi,

Handbags aside, I don't know whether there is a Big Brother computer that can recall details of drivers endorsements, although I'm inclined to believe the linked sites above.

Just wanted to add that I doubt any insurer is going to be significantly bothered by just 3 points, unless there are other fraud indicators also, as this is only a relatively minor offence.

What the insurer will do is recalculate the premiums since the renewal following the SP30 and if they would have offered insurance, they would ask for the additional premium to be paid before dealing with the claim normally. You might not be invited for renewal at the next renewal date though, which you will have to disclose to any other prospective insurer.

If they wouldn't have offered cover, then they would void the policy back to renewal.

OP - let us know how your grovelling went on!

Just seen this reply. Bang on in my view.

bigmikejobo

I am a senior underwriter with 20 years experience in Insurance.
These days it is extremely unlikely that the insurers would be able to refuse to pay the claim, the following rules usually apply in these cases.
You would be asked to provide a written response as to your reasons for non disclosure, then one of the follwing would usually happen:-

1)The conviction is one which the insurers can prove that they wouldnt usually accept (claim COULD be legitimately rejected and policy void from inception)

2)The insurers recalculate your premium as it should have been and back date it for the time you have been covered by them since the non disclosure (could be several years)

3)The insurers calculate the relevant loading (eg. 20%) and reduce the amount of your claim by this percentage.

Which course of action they take depends on the circumstances etc but under FSA rules they have to be seen to be acting fairly and appropriatly therefore in your circumstance option 2 would be the most likely, if they make an unreasonable request I would suggest that you complain and involve the FOS is necessary.
Hope this helps, good luck, Mike

vinnyp

bigmikejobo wrote: »

I am a senior underwriter with 20 years experience in Insurance.
These days it is extremely unlikely that the insurers would be able to refuse to pay the claim, the following rules usually apply in these cases.
You would be asked to provide a written response as to your reasons for non disclosure, then one of the follwing would usually happen:-

1)The conviction is one which the insurers can prove that they wouldnt usually accept (claim COULD be legitimately rejected and policy void from inception)

2)The insurers recalculate your premium as it should have been and back date it for the time you have been covered by them since the non disclosure (could be several years)

3)The insurers calculate the relevant loading (eg. 20%) and reduce the amount of your claim by this percentage.

Which course of action they take depends on the circumstances etc but under FSA rules they have to be seen to be acting fairly and appropriatly therefore in your circumstance option 2 would be the most likely, if they make an unreasonable request I would suggest that you complain and involve the FOS is necessary.
Hope this helps, good luck, Mike

What a fantastic clear piece of advice...thanks!