No Claims

[debneil]

Declared an accident to my insurance company...the person didnt proceed with the claim...but I lost 6 yrs no claims...can they do this??

[gsr600]

yes. even though they didn't claim. unless you have protected ncb

[factor-fiction]

The insurance company may also be bearing in mind that the other driver may still choose to submit a claim at a later date, maybe a year or two later, perhaps when personal injuries come to light

[Purple_Popple]

Was the accident your fault ?

[debneil]

Yes it was my fault and the accident happened in February...surely there should be a cut of point for the claim??...her car was stationery and she wasnt in the car..it happened in a carpark...but do they take 6 yrs no claims for a minor accident??

[Purple_Popple]

Ok, but did you make a claim for damage to your (if any damage was done) ?
What damage was done to the other party's car ?
Did you get insurance details from the other party (strange they didnt make a claim unless the damage was negligable).
Did you assess the damage and if it wasnt too bad did you offer to pay for the repair to the other party without going through your insurance ?
I know its a lot of questions but there are so many things to consider in this.

[Garibaldi2]

Although you will have lost your 6 years ncd; as a result your no-claims discount will drop from 70% to 55%, if you remain claim free the following year, this will increase to 65% and then back to 70% the year after that.

Putting some pound sterling numbers on the above – assuming that you were paying £300 a year for your insurance, this will increase to £450 next year and £350 the following year. In the above example (based on a 70% ncd, with a £300 premium) the total extra cost to you will be £200 over the two years. The cost can be calculated on a proportional basis for other insurance premiums.

Now that you no longer have full no-claims discount, it is more important than ever that you shop around for the best deal.

[Maydup]

^^^^ and that you consider covering those no claims bonuses with a protection premium in the future

[boxtops]

Agree with the others, you've reported it and there is quite a long duration during which the third party can still claim from you. The claim still appears to be open on your insurance company's files.

[debneil]

I paid for the damage to my car myself...as I reversed into her wing...my back light was broken...but I repaired that myself...was going to settle away from insurance company as she had a tiny dent...but she came back with a ridiculous quote saying that she was advised for respray to bonnet etc to match the wing...wanted £250...which is why I ended up giving her insurance details...I didnt get her insurance details...not that I remembered.

[boxtops]

The important thing is that she has yours, so a claim could go in at any time.

[EcclesCake]

Deb, can you read the last bit of your post back to yourself and clarify what you did or didn't do???

[boxtops]

I read it that debs paid for her own repairs
TP gave debs quote for £250
debs doesn't remember getting TP's insurance details

[Purple_Popple]

Perhaps the other party were not insured, if this is the case they dont have any right to claim off your insurers. Lesson learned here though....and get no claims protected next time, bit late after the horse has bolted. Put it down to experience, you should always get the other party's insurance details too.

[debneil]

First accident that I had...and was unsure what to do be honest..was just aware that I had to report it by law...but also knew I had to give her my insurance details because the accident was my fault...but cant understand why you loose 6yrs NC for one minor accident??

[boxtops]

"Perhaps the other party were not insured, if this is the case they dont have any right to claim off your insurers." I don't think that's right - a liability claim is a liability claim, whether the other party has insurance or not. Or it was when I dealt with motor claims in the way back when.

[debneil]

Havnt got protected no claims..think need to just take it as lesson learnt..I havnt got a brand new car 15 yrs old...just an A to B to be honest...just cant get my head round as of why they take off 6 yrs no claims...oh well.

[factor-fiction]

Are you sure they are taking all 6 years off you? Having had Protected NCD for many years (and also having had only one accident in 30 years) I am not an expert in NCD but I thought the normal practice with my insurer (albeit many years ago) was to move back 2 years

[barney4444]

I reversed into a car and my insurance company paid for the repairs (Direct Line)
I explained that the damage to my car did not warrant a professional repair so they explained that I would not have to pay the excess on my policy(£150) but will lose 10% of my no claims bonus when I renew next January.
Sounds very unfair to lose all your N.C.B for 1 accident!!