How much does a remap have on insurance premium?

[TwigtheWonderkid]

ericmcn said:

Insurers want to know EVERYTHING, not declaring changes to a car will invalidate a policy, end of.

Not true, end of.

It MIGHT invalidate the policy, under certain circumstances, or it might not. A lot would depend on whether they would have covered you, albeit at an increased cost, had they been told. If the insurance company in question do not cover remapped cars at all, then it could well invalidate your policy. If they do cover remapped cars, then in might not invalidate the policy. See the 2015 Insurance Act for more detailed info.

[SidewaysSi]

TwigtheWonderkid said:

ericmcn said:

Insurers want to know EVERYTHING, not declaring changes to a car will invalidate a policy, end of.

Not true, end of.

It MIGHT invalidate the policy, under certain circumstances, or it might not. A lot would depend on whether they would have covered you, albeit at an increased cost, had they been told. If the insurance company in question do not cover remapped cars at all, then it could well invalidate your policy. If they do cover remapped cars, then in might not invalidate the policy. See the 2015 Insurance Act for more detailed info.

In a claim situation, are they bound to pay or is that dependent?

[zygalski]

Any claim could be repudiated by insurance underwriters based on what's called an indemnity query.
Common IQs are undisclosed driving convictions and undeclared vehicle modifications.
As I said, I've never heard of a declared or undeclared remap in 5 years of claims handling.

[anonymous-user]

Mike335i said:

Why do you keep going on about morality? We are discussing about openly admitting and even advocating insurance fraud and whether this is a good idea or not. I take the stance that it isn't a good idea.

Banging on about hypocrisy or speeding or whatever does not actually have anything to do with this.

Because, it’s got sod all to do with you what anyone else does and your tone when replying smacks of a broadly condescending attitude. How it’s ok in your world to talk down to others for their choices, when you make similar choice to break the law yourself (ooh) is pathetic tbh.

The next step is obviously the number plate thread, before you give in completely and start checking MOT’s of random cars.

Do carry on.

[Mike335i]

yonex said:

Because, it’s got sod all to do with you what anyone else does and your tone when replying smacks of a broadly condescending attitude. How it’s ok in your world to talk down to others for their choices, when you make similar choice to break the law yourself (ooh) is pathetic tbh.

The next step is obviously the number plate thread, before you give in completely and start checking MOT’s of random cars.

Do carry on.

Oh honestly, stop flirting with me and stick to the bloody point. Why are you justifying insurance fraud?

[anonymous-user]

Mike335i said:

Oh honestly, stop flirting with me and stick to the bloody point. Why are you justifying insurance fraud?

I’m not. I’m pointing out you’re a hypocrite. And you keep giving.

[Mike335i]

yonex said:

I’m not. I’m pointing out you’re a hypocrite. And you keep giving.

So you do think a remap should be declared then?

[popeyewhite]

Mike335i said:

popeyewhite said:

No. Because you won't get found out. Think what you mean by risk vs reward. On my scale it's more beneficial NOT to declare.

Crack on commiting fraud then.

You don't know what fraud is do you?

[TwigtheWonderkid]

zygalski said:

Any claim could be repudiated by insurance underwriters based on what's called an indemnity query.

No it can't. Insurers can only repudiate claims in line with conditions outlines in the 2015 insurance act that allow them to repudiate.

[TwigtheWonderkid]

SidewaysSi said:

TwigtheWonderkid said:

ericmcn said:

Insurers want to know EVERYTHING, not declaring changes to a car will invalidate a policy, end of.

Not true, end of.

It MIGHT invalidate the policy, under certain circumstances, or it might not. A lot would depend on whether they would have covered you, albeit at an increased cost, had they been told. If the insurance company in question do not cover remapped cars at all, then it could well invalidate your policy. If they do cover remapped cars, then in might not invalidate the policy. See the 2015 Insurance Act for more detailed info.

In a claim situation, are they bound to pay or is that dependent?

It's dependent.

To summarise very complicated legislation in very simple terms, they can kick a claim out if they can show that if they'd know the truth, they wouldn't have accepted the risk at all, at any price. Regardless of the non disclosure being accidental or deliberate.

If they would have accepted the risk, even at a higher price, they can only repudiate if they can show the non disclosure was a deliberate attempt to withhold the truth to get a lower premium, as opposed to an accidental oversight or misunderstanding.

[Mike335i]

popeyewhite said:

You don't know what fraud is do you?

Intentionally deceiving for some form of gain would be my layman's answer. I imagine I am due for some education on the matter from you, so fire away.

I did find this on the topic though:
Myth: Nobody will find out if I lie on my application form.
Fact - If you fail to disclose or misrepresent information at the application stage, this is considered insurance fraud. Even just making a few ‘tweaks’, such as saying your car is kept on a driveway when it is actually kept on the road, could be enough to invalidate your policy. If this comes to light when you make a claim, you could find that the pay-out is restricted or that your policy is declared void.
Source: https://www.abi.org.uk/products-and-issues/topics-...

Edit: You question made me curious, so I did some more googling and found:

Application Fraud
A policyholder dishonestly misrepresents or fails to disclose material facts in order to lower the insurance premium. This can include non-disclosure of claims history, points on a driving licence, and/or car modifications.

https://www.cityoflondon.police.uk/advice-and-supp...

Edited by Mike335i on Sunday 13th October 18:14

[anonymous-user]

Mike335i said:

So you do think a remap should be declared then?

Irrelevant, it’s not me making snide comments

[popeyewhite]

Mike335i said:

Intentionally deceiving for some form of gain would be my layman's answer.

Well done, Google is there for people like you.

I have no idea whether I'm going to gain or not, and as others have said there's not always a charge for a remap. I'm not really bothered either way though.

[Mike335i]

popeyewhite said:

Well done, Google is there for people like you.

I have no idea whether I'm going to gain or not, and as others have said there's not always a charge for a remap. I'm not really bothered either way though.

That bit wasn't googled, but if you are not trying to gain, then why not tell them?

[zygalski]

TwigtheWonderkid said:

zygalski said:

Any claim could be repudiated by insurance underwriters based on what's called an indemnity query.

No it can't. Insurers can only repudiate claims in line with conditions outlines in the 2015 insurance act that allow them to repudiate.

I understand what you're saying, but at the same time different underwriters at different insurers often have differing views on additional risks posed by undisclosed IQs. For instance, your company may void a newish policy from inception for an undisclosed CU80, whereas my underwriters might add a hefty additional premium.
I was kind of taking it as a given though that the underwriters should act within the law.

[popeyewhite]

Mike335i said:

popeyewhite said:

Well done, Google is there for people like you.

I have no idea whether I'm going to gain or not, and as others have said there's not always a charge for a remap. I'm not really bothered either way though.

That bit wasn't googled, but if you are not trying to gain, then why not tell them?

Because I can think for myself and I'm quite self-reliant. Eg I can wash. shave, wipe my own backside without consulting an outside agency.

[Mike335i]

popeyewhite said:

Mike335i said:

popeyewhite said:

Well done, Google is there for people like you.

I have no idea whether I'm going to gain or not, and as others have said there's not always a charge for a remap. I'm not really bothered either way though.

That bit wasn't googled, but if you are not trying to gain, then why not tell them?

Because I can think for myself and I'm quite self-reliant. Eg I can wash. shave, wipe my own backside without consulting an outside agency.

Well done, glad to hear it. I had imagined that you could.

Does not answer why you would intentionally withhold material information when signing a contract if you are not doing it to gain anything.

[Warby80]

popeyewhite said:

Mike335i said:

popeyewhite said:

Well done, Google is there for people like you.

I have no idea whether I'm going to gain or not, and as others have said there's not always a charge for a remap. I'm not really bothered either way though.

That bit wasn't googled, but if you are not trying to gain, then why not tell them?

Because I can think for myself and I'm quite self-reliant. Eg I can wash. shave, wipe my own backside without consulting an outside agency.

Thats good, presumably you could cover a 6 figure damages claim aswell if your insurance was void after a serious accident?

[Thebaggers]

Just remaped my Mini Cooper Clubman SD, premium went from £300 to £330 with LV=

[popeyewhite]

Mike335i said:

Well done, glad to hear it. I had imagined that you could.

Does not answer why you would intentionally withhold material information when signing a contract if you are not doing it to gain anything.

If you understood what I wrote you could surmise I don't consider it material information.