Insurance Excess question

[polo54]

I had a small accident on Saturday - nobody admitted liability but I thought it was my fault as I reversed into the guy - we have decided to go through insurance and if it turns out it's my fault and I choose not to get my car repaired, will I still have to pay an excess for the repair on his car?

[Superhoop]

You are making a claim on teh policy......

So that'll be a YES then

[stormrider2]

Pretty sure you will have to, as you're still making a claim.

[anniesdad]

No you won't, unless you have what's called an "all sections excess". Check the policy wording and/or ring your insurer.

Normally the accidental damage excess to which you refer is payable in the event that a claim is made against your insurer, by you, for damage to your vehicle. This excess is taken out of any total loss settlement or paid to the repairing garage in the event that the car is repairable.

[polo54]

anniesdad said:

No you won't, unless you have what's called an "all sections excess". Check the policy wording and/or ring your insurer.

Normally the accidental damage excess to which you refer is payable in the event that a claim is made against your insurer, by you, for damage to your vehicle. This excess is taken out of any total loss settlement or paid to the repairing garage in the event that the car is repairable.

Thank's for the info... will check my policy wording.

Won't the other party be making a claim against my insurer?

So all I have to do is inform my insurance company about the accident (I'm not getting my car repaired)?

[matt 2LT]

no you only pay the excess if you are having your car repaired by your insurance.

[anniesdad]

polo54 said:

anniesdad said:

No you won't, unless you have what's called an "all sections excess". Check the policy wording and/or ring your insurer.

Normally the accidental damage excess to which you refer is payable in the event that a claim is made against your insurer, by you, for damage to your vehicle. This excess is taken out of any total loss settlement or paid to the repairing garage in the event that the car is repairable.

Thank's for the info... will check my policy wording.

Won't the other party be making a claim against my insurer?

So all I have to do is inform my insurance company about the accident (I'm not getting my car repaired)?

+

Yeah, they will be making a claim against your insurer, but your question related to whether you would have to contribute towards the cost of this claim. You notify your insurers that it was your fault and that, as they say, is that...quite often you find that you don't hear from your insurers again regarding the matter.

[polo54]

This is where it gets interesting - I work for an insurance company (not car insurance) and after speaking to some of the guys here, they reckon I will still have to pay the excess as I'm making a claim.

Can anyone please confirm what will happen?

[anniesdad]

Did you get chance to read your policy wording yet?

[polo54]

anniesdad said:

Did you get chance to read your policy wording yet?

Nope, am currently at work and policy wording is sat at home - any where I can get a standard Direct Line policy wording or are they all different?

cheers

[anniesdad]

Sheesh.... Google is your friend, my friend.

http://www.directline.com/motor/car_policy_documen...

Read Section A - Liability to other people (Page 16)

There is no mention in here of any personal liability in the event of damage to other peoples property.

If you read Section B - Damage to your car, it says "What is not covered
We will not cover:
• the sum of all excesses shown on the schedule. These may include
the ‘own damage’ excesses and ‘young or inexperienced driver’
excesses if these apply. An inexperienced driver is a...." ergo, there is a liability.

As suggested previously, you have no excess in this accident.

HTH.

Edited by anniesdad on Monday 24th May 15:12

[polo54]

anniesdad said:

Sheesh.... Google is your friend, my friend.

http://www.directline.com/motor/car_policy_documen...

Read Section A - Liability to other people (Page 16)

There is no mention in here of any personal liability in the event of damage to other peoples property.

If you read Section B - Damage to your car, it says "What is not covered
We will not cover:
• the sum of all excesses shown on the schedule. These may include
the ‘own damage’ excesses and ‘young or inexperienced driver’
excesses if these apply. An inexperienced driver is a...." ergo, there is a liability.

As suggested previously, you have no excess in this accident.

HTH.

Edited by anniesdad on Monday 24th May 15:12

Thanks.

Just got off the phone to Direct Line, they confirmed I won't have to pay any excess...

I was initially going pay cash for his damage but he told me the cheapest quote he got was £400 and wouldn't tell me the name of the garage so I could verify it (damage to his car was minor scratches which would normally cost £200 max to repair). He also wanted me to pay for his days off work, and wanted me to hire a 7 seater for him for 2 days, so I think insurance was definitely the best option.

[hotub2006]

hi guys,

ref to the All sections Excess policy above, can you experienced people tell me if I have to pay any excess when

1.It is not my fault as he hit into my car.
2.I have a ridiculour amount of all sections excess
3.I want to make a claim because for both injury and to fix my car
4.Do I have to pay anything back to my insurance, if you decided to claim back on my insurance.

thanks

mic

[anniesdad]

hotub2006 said:

hi guys,

ref to the All sections Excess policy above, can you experienced people tell me if I have to pay any excess when

1.It is not my fault as he hit into my car.
2.I have a ridiculour amount of all sections excess
3.I want to make a claim because for both injury and to fix my car
4.Do I have to pay anything back to my insurance, if you decided to claim back on my insurance.

thanks

mic

Hi,

If I understand your post correctly.

1. If the claim is being put through your insurers, then some insurers may not require you to pay an excess if it is not your fault. It depends on the insurer. You will need to check with your own.
2. If you have accepted a policy with a "ridiculous amount" of all sections excess and that excess is applicable, then this is what you will have to pay unless the amount claimed is lower than your excess when you would be expected to pay this lower amount.
3. Your all sections excess (if you have one), is applicable if you claim on your insurance. If you claim off the other party directly, in the event of a no-fault accident, then the excess shouldn't apply and should not be deducted from your claim against them regardless of your losses.
4. If I as a third party decided to claim against your insurance on the basis that you were at fault, then you can expect to have to pay this all sections excess.

Hope this helps and that I've understood properly.

S

[hotub2006]

thanks for your swift response

anniesdad said:

1. If the claim is being put through your insurers, then some insurers may not require you to pay an excess if it is not your fault. It depends on the insurer. You will need to check with your own.
S

thanks, I didnt let my insurance know yet because my excess is a ridiculouS AMOUNT OF "ALL EXCESS". It is definitely not my fault as the person hits my vehicle from the back.

anniesdad said:

2. If you have accepted a policy with a "ridiculous amount" of all sections excess and that excess is applicable, then this is what you will have to pay unless the amount claimed is lower than your excess when you would be expected to pay this lower amount.
S

That is exactly what happens, I had to accept the compulsary excess so that my premium can be affordable

anniesdad said:

3. Your all sections excess (if you have one), is applicable if you claim on your insurance. If you claim off the other party directly, in the event of a no-fault accident, then the excess shouldn't apply and should not be deducted from your claim against them regardless of your losses.
S

if I understand you here, if I do let my insurance know and get them to claim off the other party insurance, I will still have to contirbute something to the excess?

anniesdad said:

4. If I as a third party decided to claim against your insurance on the basis that you were at fault, then you can expect to have to pay this all sections excess.
S

He hit my vehicle from the back and I dont think this one applies here

Many thanks

m