When to tell insurers
Discussion
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.
I don't have a code for the offence, so what do I tell the insurer?
Thanks.
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 onlyBert
Impact on premium after renewal
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'Out of interest, will you get charged the policy admin fee I wonder ....
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'
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. 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'
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 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 onlyBert
Impact on premium after renewal
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.
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?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.
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?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.
Gassing Station | Speed, Plod & the Law | Top of Page | What's New | My Stuff