Insurance claim
Discussion
My car was quite badly damaged in a public carpark. I was shopping when it happened. No witnesses that I could find, no note under the windscreen, no CCTV footage from any of the properties nearby.
My insurers have paid for the repair, but I have had to pay the excess. They also classify it as a "(my) fault" claim as they cannot claim from anyone else's policy so that now presumably appears on my insurance record and has to be declared on renewal of other motor policies and could potentially affect future premiums. I have protected NCB on this policy, but that doesn't protect against premium rises presumably.
Is that right ?
My insurers have paid for the repair, but I have had to pay the excess. They also classify it as a "(my) fault" claim as they cannot claim from anyone else's policy so that now presumably appears on my insurance record and has to be declared on renewal of other motor policies and could potentially affect future premiums. I have protected NCB on this policy, but that doesn't protect against premium rises presumably.
Is that right ?
I unfortunately wrote off a 2003 Mini Cooper last year. 
On comparison websites, some don't even ask how much the claim was for! It was under £3k but with no other vehicle involved, and no injuries, it hasn't affected me too much. I have more than one accrued NCD and the difference with or without the claim was about £20. But then, I'm now 60 +.
It made no difference at all to my motorcycle quotes. However, the premiums to protect the NCD were much steeper, so I haven't.
On comparison websites, some don't even ask how much the claim was for! It was under £3k but with no other vehicle involved, and no injuries, it hasn't affected me too much. I have more than one accrued NCD and the difference with or without the claim was about £20. But then, I'm now 60 +. It made no difference at all to my motorcycle quotes. However, the premiums to protect the NCD were much steeper, so I haven't.
The NCD is the percentage discount you will get on your renewal quote. If it’s protected then the percentage won’t change.
What will change (and changes every year for different reasons) is the undiscounted premium. All other things being equal I would expect that to increase because of your claim. But there are a lot of variables.
What will change (and changes every year for different reasons) is the undiscounted premium. All other things being equal I would expect that to increase because of your claim. But there are a lot of variables.
Countdown said:
The NCD is the percentage discount you will get on your renewal quote. If it s protected then the percentage won t change.
What will change (and changes every year for different reasons) is the undiscounted premium. All other things being equal I would expect that to increase because of your claim. But there are a lot of variables.
Exactly - the NCD won't be reduced because of the protection. What will change (and changes every year for different reasons) is the undiscounted premium. All other things being equal I would expect that to increase because of your claim. But there are a lot of variables.
Premium might or might not. I got my renewal in 2024, rang to declare a non-fault claim settled by the other insurer and they put the price up £40 or so and increased the excess - thieving barstewards.
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