Do I Tell Insurance?

[bobski1]

Got clocked doing 48 in a 40. Received notification but no punishment yet, just about to post off the form. First time offender but current assumption is 3 points and a fine, is that right?

Once I know do I need to tell my insurance company straight away?

Also if I'm a named driver on another do they need to know?

[TTmonkey]

bobski1 said:

Got clocked doing 48 in a 40. Received notification but no punishment yet, just about to post off the form. First time offender but current assumption is 3 points and a fine, is that right?

Once I know do I need to tell my insurance company straight away?

Also if I'm a named driver on another do they need to know?

If you tell one insurance company you make the info available to them all because they share access to this type of data. Tell them and they change stuff at renewal.

[TTmonkey]

Oh and tell them when you get your points, not before.

[BertBert]

Any reason to not get a speed course?
Bert

[TwigtheWonderkid]

You don't have to tell them until next renewal.

[Stoofa]

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Unless you have to tell them immediately....

[TwigtheWonderkid]

Stoofa said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Unless you have to tell them immediately....

You don't have to tell them immediately. You have to tell them at next renewal.

[PSB1]

TwigtheWonderkid said:

Stoofa said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Unless you have to tell them immediately....

You don't have to tell them immediately. You have to tell them at next renewal.

Unless the next renewal is due immediately, in which case you are both correct.

[Drumroll]

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

[_Hoppers]

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

[anonymous-user]

_Hoppers said:

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

I wonder if that means if he hit someone else, he would have had to fork out 600 from his own pocket.

[Leicester Loyal]

Do the speed awareness course? Unless of course you've already done it previously.

[LostTraction]

_Hoppers said:

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

Ouch. I heard about someone who crashed their car and didn't disclose the 3 points he received prior. All they did was charge him £15 for admin fees to update his record, and then paid out.

[Pica-Pica]

Don’t ask here - read your policy documents and booklet.

[TwigtheWonderkid]

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

Wrong. All insurance companies are duty bound to act within the ABI regulations, and they make it quite clear you don't have to tell then until next renewal, unless it involves a ban (when presumably someone else will become the main driver.)

[TwigtheWonderkid]

_Hoppers said:

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

He obviously crashed his car after the next renewal, and he didn't tell them when he should have. He didn't renew in January, get the points in April, crash in August, and have £600 withheld. That didn't happen.

[TwigtheWonderkid]

Pica-Pica said:

Don’t ask here - read your policy documents and booklet.

No need to read the policy documents, you can ask here.

[_Hoppers]

TwigtheWonderkid said:

_Hoppers said:

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

He obviously crashed his car after the next renewal, and he didn't tell them when he should have. He didn't renew in January, get the points in April, crash in August, and have £600 withheld. That didn't happen.

He didn't, he crashed the car during the current policy period he got the points.

[_Hoppers]

TwigtheWonderkid said:

Pica-Pica said:

Don’t ask here - read your policy documents and booklet.

No need to read the policy documents, you can ask here.

My policy documents states:-

You must tell us as soon as possible about any changes in circumstances such as any changes to your car, the health
of any person driving, any motor accidents, fixed penalty offences or motoring convictions

[TwigtheWonderkid]

_Hoppers said:

TwigtheWonderkid said:

_Hoppers said:

Drumroll said:

TwigtheWonderkid said:

You don't have to tell them until next renewal.

Before following this advice read YOUR policy, Different insurance companies look on this differently.

This......

My sister's partner got 3 points, he didn't tell his insurers until he crashed his car. They wrote it off but withheld £600 from the payout for not informing them as the points 'could' have made a difference to the premium!

Edited by _Hoppers on Sunday 13th October 21:44

He obviously crashed his car after the next renewal, and he didn't tell them when he should have. He didn't renew in January, get the points in April, crash in August, and have £600 withheld. That didn't happen.

He didn't, he crashed the car during the current policy period he got the points.

I don't believe it, although that might have been the story he gave you to hide his embarrassment. If it is true, then a simple call or email to the insurers pointing out that under ABI regs, he was under no obligation to have advised them of the points, should see the immediate return of his £600.

Insurance isn't the wild west. They cannot make up their own rules and do as they please. Whilst they have a level of independence in the decisions they make, stuff like rules around disclosure of convictions are tightly regulated by the governing body and all insurers must comply.