Insurance Help please !!!

[christmc]

My neighbour has slid into 2 of my cars causing damage to both , he hit some ice coming into the car park. Is there anyway around this god dam non fault claim affecting my premiums?

He has damaged my brand new C63 AMG and my Range Rover , its not mega damage but it will still be a few grand i would of thought.

I really dont know what to do, i have 3 cars on a multicar policy and my premiums are already 2k a year .

Advice please ?

[yellowbentines]

You could just appoint an accident management company to deal with it for you - Merc will be only too happy to do this on your behalf if you call them - however they will rip the arse out of the repair costs and claim it all from your neighbour, and insurance premiums in general will creep up a bit further as a result.

I did this a few years back (on the advice of Merc), they charged the other party over £2k to paint a bumper on a C Class and provide me with a new E Class for 1 month whilst they did it, seemed like a great idea at the time but looking back I realise it's uncessesary and we're all paying for it in the end.

Your choice!

[catman]

I don't think that there's any LEGAL way around this, as you are required to notify your Insurer of any such accidents.

But, you may be advised elsewhere to try to get the guilty party to pay you in cash for the damage and get it repaired yourself.

Tim

[TooLateForAName]

I presume you can take legal action against the culprit to get back your increased premiums.

[anonymous-user]

If it is a not at fault claim I cant imagine your premium will go up, my not at fault doesn't seem to affect my price.

[herewego]

The insurance co may or may not increase the premium depending on whether they perceive the risk is higher that previously thought. You don't have to be at fault for the cars to be at risk. Simply parking them where they were is enough to put them risk.

[McSam]

TooLateForAName said:

I presume you can take legal action against the culprit to get back your increased premiums.

I've always wondered about this one, but is it remotely possible? Anniesdad?

[ben_h100]

Your premiums will more than likely go up, even for a non fault. Someone drove into my car in 2009 resulting in a new door and respray. Hiked my following premium up a few hundred quid.

[christmc]

The fact he has hit 2 cars ill mean the bill could be upwards of 5-6k . I think this is a terrible loop hole that insurance companies use to extract more money.

i dont want to sue him personally for damages, it was an accident that could happen to anyone. it should just be paid by his insurers and left at that

[Deva Link]

christmc said:

The fact he has hit 2 cars ill mean the bill could be upwards of 5-6k . I think this is a terrible loop hole that insurance companies use to extract more money.

i dont want to sue him personally for damages, it was an accident that could happen to anyone. it should just be paid by his insurers and left at that

It's not a loophole - stats show that if you've been in an accident then you're more likely to have another one on average sooner than drivers who haven't had an accident. They could say that it's obviously a bit risky where you park your cars and next time the other driver might be unknown so your insurer would have to pay out.

Not all insurance companies load for no fault claims though.

You can seek compensation from his insurer for your additional costs.

[Tallbut Buxomly]

BTW not particularly helpful but beware of the fact that quite often multicar policies work out more expensive than individuals. I find this to be the case anyway when looking to insure a group of cars.

[edo]

I would be speaking directly to his insurance company, and I would not involve mine. Technically you should involve yours, but they will add no value and your premium will go up.

Your choice....

[saaby93]

yellowbentines said:

You could just appoint an accident management company to deal with it for you - Merc will be only too happy to do this on your behalf if you call them - however they will rip the arse out of the repair costs and claim it all from your neighbour, and insurance premiums in general will creep up a bit further as a result.

I think the answer is to take care with your choice of Accident MAnagement company. A good independent will take over the costs that your insurer would have spend processing the claim but manage to do it more efficiently and in saving time and effort etc .......
win win
not that insurance is about winning

[cuprabob]

Even if you deal with the other insurance company and don't involve your insurance company your premium is still likely o go p as you will need to declare the incident when you get new insurance or renew as it will be on record through the other insurance company

[Deva Link]

edo said:

I would be speaking directly to his insurance company, and I would not involve mine. Technically you should involve yours, but they will add no value and your premium will go up.

Your choice....

Breaching the contract he has with his insurance company is probably not a great idea. And insurance companies do share information.