Insurance company arse rapers

Post by **paul bristol uk** » Thu Nov 13, 2014 8:10 pm

So here we go again it was time for renewing my insurance on the soarer.
Admiral who I was with wanted £458 fully comp(which included £68 for no fault accidents in 2011 and 2112 which was settled by the 3rdparties insurance with no involvement by my insurance company at all it was £34 in 2011 for one) stuff that so price comparison sites I found the RAC. That was £198 for the same cover. Go through all the details with them and then they say sorry because you had 2 no fault accidents its now £280. Rang a couple more companies and asked will my policy be loaded because of the above and after much inquiry the answer was yes its standard motor insurance practice.

So 2 accidents to my car which were just reported to my insurance company and which involved no involvement by them and the new company is costing me £106.
Both times the car was parked legally and I was not even in it and the 3rd party put their hands up to it straight away and told their insurers it was their fault and my car was paid to be repaired by them!

I wonder what these bloodsuckers will want next year?

The upside is I will get another bloody meercat eventually!

Post by **Vtecmec** » Thu Nov 13, 2014 8:23 pm

Penalised for being a victim. The whole car insurance industry makes my blood boil, I feel your frustration.

Post by **4th Gen Doug** » Thu Nov 13, 2014 9:01 pm

Yeh, that totally sucks. Something should be done about it.
Having your insurance premiums increased for someone elses fucktardery is out of order - especially if you have 'no-claims' protection, you'd never get away with it in any other industry..

Crazy_C · Post by **Crazy_C** » Thu Nov 13, 2014 10:39 pm

There are people I know though who have had 8 or 9 non fault accidents in the last 3 or 4 years. Reason being that they're useless drivers, and their brakes are either off, or locked on, and they stall pulling away from lights so the person behind drives into them.

The company I work for (albeit motorcycle insurance), as a general rule of thumb, there's no increase in cost for 1 non fault claim in 5 years, 2 in 3 years will be a slight increase, 3, 4 or 5 claims in 5 years will be a bit more again with each one, and 6+ we won't quote (only have space for 5 claims on the system)

Post by **paul bristol uk** » Thu Nov 13, 2014 11:02 pm

I understand that Dom but my car was parked neatly in a designated bay both times and I was in a shop on both occasions.
Both drivers were women in their late eighties or early ninety's and honest enough to find me and also admit it straight away to their insurance companies.

89 UKDM BA4 4WS (resto job!) · Post by **wurlycorner** » Thu Nov 13, 2014 11:37 pm

Hence my recent comments about not informing your insurance company, if they are not being involved in the claim (i.e. if it's all settled directly by the 3rd party insurer)...

Crazy_C · Post by **Crazy_C** » Thu Nov 13, 2014 11:45 pm

The details don't make a blind bit of difference, it's just statistics unfortunately. It's the arse rapery of insurance mate, a claim is a claim, if it was your fault, they charge you more. If you worked in insurance, knowing you, you'd probably die a bit inside with what we have to do. Like criminal convictions, I've been able to insure rapists and those convicted of attempted murder, but not been able to insure someone convicted of burglary.

Wurly, if you don't disclose to the insurance, you could be paying money for nothing if you ever had to claim on your own policy.

Post by **paul bristol uk** » Fri Nov 14, 2014 12:08 am

Iain. These fuckers exchange information. An acquaintance of mine had his beemer hit and claimed on his insurance and they threw it out for a non disclosure of a no fault accident that was settled by the 3rd parties insured a year previously. If I did not know that I would not reported the accidents.

Shiny · Post by **Shiny** » Fri Nov 14, 2014 9:42 am

From the other thread to save me retyping -

Shiny wrote:CUE picks up claims details by name and address during the search. We've had cases where claims are showing up and there has been no involvement of the policyholder's own insurance, so i guess the TP insurers must be providing details of persons involved in the claim when submitting the claim details to IDS.

As for the rating, "some" insurers make a small load on your premium if you have a non fault accident, but not all. There is a reason for this and I'm sure an actuary will be able to come up with some wonderful calculation to show why, but basically a policyholder that has had no claims at all is more profitable than a policyholder that has had a non fault accident. Not because the insurers have had to pay out damages to a third party, but because there is normally the need to involve their claims department to initially deal with claim, pay the repairs and then pursue the recovery, all of which involves overheads and costs that can't be recovered from the third party. I realise this isn't the case where a claim has been dealt with in its entirety by a TP insurer, but to investigate each case individually at quote stage to assess how a claim was dealt with would be impossible to do (especially when in reality all claims should be reported to their own insurers anyway as per the terms of the policy).

Gone are the days of a base rate on age, post code and group rating with a discount for age of car, insured only driving and NCB. Quote engines are complicated things with discounts and loadings for every tiny factor imaginable these days.