Insurance

[Pharlap]

Waiting at traffic lights a car hit my rear. We exchanged details they accepted liability and everything has been fine. The person who hit me is OK, I am OK and my vehicle has been repaired. Since then I have been told I should tell my insurance about the accident . why?

[almcd007]

They already know !!! The damage has been sorted !! Why tell them something they already know .

His insurance company would have contacted yours and arrranged for the damage to be repaired. Did no one call you from your insurance company to arrange this ??

I think it's duff info !!

[Pharlap]

Her insurance company contacted me directy and arranged everything including a hire car. They nor myself contacted my insurance company

[Toureman]

If you have been in an accident you should always tell your insurance company whether it is your fault or not.

You will find this somewhere in your policy booklet.

But as everthing has been sorted it's OK.

[Gef]

I don't believe this. Insurance companies do not pay out willy-nilly.

[jake-the-peg]

I do Gef.

This wasn't a debatable accident someone drove into the back of someone else at lights - Insurance companies aren't stupid and to keep costs down they'll want to cough up and get open and shut cases sorted with as little overhead as possible.

Thing in you do need to tell your insurence company because although it shouldn't affect your no claims bonus they do take no fault accidents into account when calculating the premium before applying the no claims bonus.

If you don't they could use it as ammunition in trying to wriggle out of a future claim should you and they fall out

[Pharlap]

Thanks, Toureman and Jake-the-peg. I must admit I was of the same view as Gef and all I can say is, I will be changing to Saga insurance when due for my renewal.

[Toureman]

Just seen your last post PHARLAP, I think SAGA are one of the most expensive companies in the UK.

I used them for 2 years of gradually increasing premiums then shopped around and got the same cover at half the price of my renewal notice from SAGA..

[Gef]

Thanks for the response Pharlap - I believe you now.

I think you do have to notify your insurance company and you would certainly be asked about previous accidents if you moved to another company.

However, as you did not make a claim on your own policy it should not make any difference.