Insurance Query

[sad old git]

A few weeks ago I was involved in an accident which was not my fault,I was hit in the rear and the other driver and his ins co admitted liability. I was told that my NCD would be uaffected and any excess would be waived. My car has now gone in for repairs but could take a while due to difficulty with spares. My insurance runs out at the end of this month and have just recieved my reminder and the premium has gone up by �200!! In view of this I intend to shop around for a cheaper price. My question is if my car is still under repair when I change companies will my current company still have to foot the bill or will it all be transferred to my new compay?. All advice greatly appreciated. S.O.G.

[Hymie]

In all my years of driving, those crashing into me have not done so close to renewal time on my insurance. However, I believe that it is normal practice, where there is an outstanding claim (unsettled as to who is a fault), that both parties loose their no claims, until blame is apportioned.

Once the other persons insurance pays out, your no claims will be restored and you will get back any increased premium paid (due to not having correct years no claims).

Therefore it will gain you nothing shopping around for alternative insurance, since all will consider that you have a claim pending. Of course, you could shop around for insurance, based on having full no claims. Providing that everything is settled in your favour, you will get back the increased premium paid (whether paid to your current insurer or a new insurer).

From the above, it should be apparent to all why insurance companies love �knock for knock� claims � since both parties loose their no claims and the insurance industry wins.

In answer to your question (which insurance company will pay for the repair) - it will be your current insurer (assuming that you are fully comp). Hopefully, in reality, it will be the insurance company of the person who was at fault.

[sad old git]

Thanks Hymie for your answer. Hopefully all will be resolved soon.

[abay]

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