When to tell insurers

[Targarama]

I just collected a ticket for speeding on the motorway. There was no code on the fixed penalty letter I received, it just said 'Speeding on a motorway' or something like that. It is 3 points/£100. When should I tell my insurer? Now, or when I get my driving licence back from the Police? (not sure what they do with it since everything is electronic nowadays?).

I don't have a code for the offence, so what do I tell the insurer?

Thanks.

[t400ble]

You tell them at renewal time

[BertBert]

t400ble said:

You tell them at renewal time

Assuming that's what the policy says (I'd be checking the policy).
Bert

[LoonR1]

BertBert said:

Assuming that's what the policy says (I'd be checking the policy).
Bert

You tell them in line with your policy requirements exactly as stated above. Reality is that it will make. I difference to this years policy as they can't change it legally. It will only
Impact on premium after renewal

[EU_Foreigner]

They can not hike the premium mid year anyway if you tell them now.

Out of interest, will you get charged the policy admin fee I wonder ....

[AsifG]

I'm with Aviva and had the same last week.

I emailed them and got this back:

I’ve noted the motoring conviction on your policy. This has not changed your premium in the current period of insurance but may affect your renewal price.

[Drawweight]

EU_Foreigner said:

They can not hike the premium mid year anyway if you tell them now.

Out of interest, will you get charged the policy admin fee I wonder ....

'Don't tell him Pike'

I phoned my insurance co mid policy to inform them that I had finally got full settlement on the accident I had 2 years ago.

'Thank you for informing us, that'll be 35 quid please'

[LoonR1]

Drawweight said:

'Don't tell him Pike'

I phoned my insurance co mid policy to inform them that I had finally got full settlement on the accident I had 2 years ago.

'Thank you for informing us, that'll be 35 quid please'

The you should've told them to do one, as they can't charge you for that. Go back and tell the. You want a refund as it was a not a valid time to levy a charge.

[anonymous-user]

LoonR1 said:

The you should've told them to do one, as they can't charge you for that. Go back and tell the. You want a refund as it was a not a valid time to levy a charge.

Are you ill or in a good mood today?

We all now that didn't happen.

[Targarama]

Thanks guys. I just want to ensure I remain legal. I'm not trying to avoid any costs if they wish to add them (at renewal or whenever). Serves me right for being a blind bat (well it was an unmarked car, but still I should have had tingling spidey-senses when passing it).

[andy-xr]

I did it when I got the endorsement back. It was the first time I'd had any points and I got an SP60. The second time I got points a year and a bit later I got an SP30 code, so went back to the first lot and asked why I'd been given that. They didnt know, but it had affected my insurance more than an SP30. No-one seemed too interested when I asked for a refund on the overpayment but I got my licence changed to 2 lots of SP30 instead.

[LoonR1]

desolate said:

Are you ill or in a good mood today?

We all now that didn't happen.

You only see what you want to see in my posts.

[anonymous-user]

LoonR1 said:

You only see what you want to see in my posts.

I meant there is no way he was charged £35 extra for telling them a claim was settled.

[LoonR1]

desolate said:

LoonR1 said:

You only see what you want to see in my posts.

I meant there is no way he was charged £35 extra for telling them a claim was settled.

Whenever I suggest it everyone goes all waily, defensive on me.

[TwigtheWonderkid]

LoonR1 said:

BertBert said:

Assuming that's what the policy says (I'd be checking the policy).
Bert

You tell them in line with your policy requirements exactly as stated above. Reality is that it will make. I difference to this years policy as they can't change it legally. It will only
Impact on premium after renewal

If they ask to be told immediately, it's advice dressed up as an instruction, and that's only for your own protection, as they don't want you to forget come renewal. The can't charge you mid term and if you decide to wait and tell them at next renewal, they will be quite happy with that, regardless of what they advise in their policy.

[LoonR1]

TwigtheWonderkid said:

If they ask to be told immediately, it's advice dressed up as an instruction, and that's only for your own protection, as they don't want you to forget come renewal. The can't charge you mid term and if you decide to wait and tell them at next renewal, they will be quite happy with that, regardless of what they advise in their policy.

I know. I was trying to just end the thread by saying "do what your policy booklet says rather than a bunch of anonymous people on the internet guess at".

Didn't work, although my typo didn't help.

[BertBert]

TwigtheWonderkid said:

If they ask to be told immediately, it's advice dressed up as an instruction, and that's only for your own protection, as they don't want you to forget come renewal. The can't charge you mid term and if you decide to wait and tell them at next renewal, they will be quite happy with that, regardless of what they advise in their policy.

Is there any way of decoding which policy clauses are actual clauses and which ones are faux then?

[LoonR1]

BertBert said:

Is there any way of decoding which policy clauses are actual clauses and which ones are faux then?

Common sense.

I know we don't like that though, as we need to be told precisely what is and isn't acceptable and pedantry is crucial. Of course this needs to be set against our absolutely hatred of the idea of a controlling Nanny State, apart from where we need the Nanny State, which we will rage against, unless we need it, but of course we have to oppose it, because it's what we fought against, ermm I mean for, I mean we have to oppose things like the Daily Mail, but we have to hate the lefties too and liberals too.

[TwigtheWonderkid]

BertBert said:

TwigtheWonderkid said:

If they ask to be told immediately, it's advice dressed up as an instruction, and that's only for your own protection, as they don't want you to forget come renewal. The can't charge you mid term and if you decide to wait and tell them at next renewal, they will be quite happy with that, regardless of what they advise in their policy.

Is there any way of decoding which policy clauses are actual clauses and which ones are faux then?

To the initiated, it'll be in the specific wording used. I doubt any policy says "it is a condition of this policy that you have to tell us immediately of any convictions", nor will it use the word "warrented". It'll probably says something like "would would like to be told" or "you are advised to tell us as soon as possible."

This isn't some kind of dastardly trick they are pulling. They are concerned you will take the policy out in Jan, get a conviction in Feb and have forgotten all about it by next renewal. Telling them when you get it costs you no more money during the current year and means you can legitimately forget about it.

[Targarama]

Well i've told both insurers, no effect on current policy as has been stated. Now its in the system and recorded so I can't forget too.