Notifying all insurance policies of accident?
Discussion
Sadly a couple of weeks ago my work shed was t-boned by someone pulling out of a road I was turning into.
Car written off and had a pay out. Not sure about liability as of yet, should be non-fault but in the world of insurance who knows.
I have another policy ( with all my no claims) for a more valuable car, do they need to be notified?
Sorry if this is a daft question.
Car written off and had a pay out. Not sure about liability as of yet, should be non-fault but in the world of insurance who knows.
I have another policy ( with all my no claims) for a more valuable car, do they need to be notified?
Sorry if this is a daft question.
bungz said:
Sadly a couple of weeks ago my work shed was t-boned by someone pulling out of a road I was turning into.
Car written off and had a pay out. Not sure about liability as of yet, should be non-fault but in the world of insurance who knows.
I have another policy ( with all my no claims) for a more valuable car, do they need to be notified?
Sorry if this is a daft question.
Yes, but not until that other policy falls due for renewal.Car written off and had a pay out. Not sure about liability as of yet, should be non-fault but in the world of insurance who knows.
I have another policy ( with all my no claims) for a more valuable car, do they need to be notified?
Sorry if this is a daft question.
ian332isport said:
This is one of my (many) pet hates about car insurance. You can only earn NCD against a single car/policy, but if you have an accident, it generally effects all your policies. If NCD was against the driver then fair enough, but it’s not.
Yes, but it's nothing to do with NCD on those other policies, you are just reporting the fact that you have had an accident since your last renewal, as your terms will require you toian332isport said:
This is one of my (many) pet hates about car insurance. You can only earn NCD against a single car/policy, but if you have an accident, it generally effects all your policies. If NCD was against the driver then fair enough, but it’s not.
Imagine wanting to rate on whether someone has had an accident. Bloody criminals 
You can subsidise all the people who have had a claim if you want to. I’m sure some members here will happily accept a donation from you.
I’ve said it before and I’ll say it again. You are free to start your own company who ignores claims. It won’t be very successful though.
Plymo said:
And a claim for a motorbike being stolen (or whatever else) ends up putting your car premium up, but years of bike NCD counts for precisely nothing!
FFS it’s been explained, it’s got nothing to do with NCD, what’s so hard to understand, you’ve made a claim on a policy, it doesn’t matter which one, but you are then considered a higher risk on any other policies you may have, be them for a bike or car, it’s not rocket science martinbiz said:
Plymo said:
And a claim for a motorbike being stolen (or whatever else) ends up putting your car premium up, but years of bike NCD counts for precisely nothing!
FFS it’s been explained, it’s got nothing to do with NCD, what’s so hard to understand, you’ve made a claim on a policy, it doesn’t matter which one, but you are then considered a higher risk on any other policies you may have, be them for a bike or car, it’s not rocket science 
It has been the case since the era of Drive in Saturday - for Twig.
Other claims may reflect a higher risk, which may mean a higher premium.
TwigtheWonderkid said:
People still don't understand that when you have an accident or claim, it effects 2 entirely separate things; your ncb (but only on the policy where the claim was made) and your overall risk rating (on every vehicle you drive).
It's understoodBut when you drive for 1 year in a car covered by a policy, your no claims is not counted on other cars
You have to pay a higher rate on a second vehicle until you've earnt further no claims on that
So it's taking with both hands!
CarCrazyDad said:
It's understood
But when you drive for 1 year in a car covered by a policy, your no claims is not counted on other cars
You have to pay a higher rate on a second vehicle until you've earnt further no claims on that
So it's taking with both hands!
Your statement appears to show that you do not actually understand.But when you drive for 1 year in a car covered by a policy, your no claims is not counted on other cars
You have to pay a higher rate on a second vehicle until you've earnt further no claims on that
So it's taking with both hands!
If you are deemed a higher risk, as a driver, all your policy premiums will increase. This is based on the higher risk which you as a person are seen to be.
The NCB applies to a single policy only and is simply a discount for not claiming on that particular policy.
CarCrazyDad said:
It's understood
But when you drive for 1 year in a car covered by a policy, your no claims is not counted on other cars
You have to pay a higher rate on a second vehicle until you've earnt further no claims on that
So it's taking with both hands!
If you take your train of thought to its logical conclusion, what you are suggesting is that if you have a claim in one car, you will lose your NCB on all other cars, since NCB is linked to all your policies, rather than a single policy.But when you drive for 1 year in a car covered by a policy, your no claims is not counted on other cars
You have to pay a higher rate on a second vehicle until you've earnt further no claims on that
So it's taking with both hands!
That being the case, I would prefer to stay with the current system of each NCD being linked to individual policies.
Fair enough
I personally believe you should have your no claims bonus applicable to you personally
So you as a Driver have X years no claims.
Which means you can have any number of policies all with X years no claims.
Out of interest is it still the case you don't need insurance if you deposit half a million in the central bank?
I personally believe you should have your no claims bonus applicable to you personally
So you as a Driver have X years no claims.
Which means you can have any number of policies all with X years no claims.
Out of interest is it still the case you don't need insurance if you deposit half a million in the central bank?
CarCrazyDad said:
Fair enough
I personally believe you should have your no claims bonus applicable to you personally
So you as a Driver have X years no claims.
Which means you can have any number of policies all with X years no claims.
Until you have an accident on your moped, and lose the ncb on your Lamborghini, Aston Martin and Bentley. Then you'll be on here saying insurance is crooked and why can't we have separate ncb on each policy. I personally believe you should have your no claims bonus applicable to you personally
So you as a Driver have X years no claims.
Which means you can have any number of policies all with X years no claims.
TwigtheWonderkid said:
Until you have an accident on your moped, and lose the ncb on your Lamborghini, Aston Martin and Bentley. Then you'll be on here saying insurance is crooked and why can't we have separate ncb on each policy.
If you have an accident on your motorbike Policy your car premium still goes up though. Forums | Speed, Plod & the Law | Top of Page | What's New | My Stuff