Notify new insurer of claim - during renewal

Notify new insurer of claim - during renewal

Author
Discussion

sunnyb13

Original Poster:

1,038 posts

45 months

Friday 27th September
quotequote all
Car insurance was due for renewal so went through usual route of price comparisons. found cheaper so taking a new policy out with another company, policy starts tomorrow all paid for etc.

Today this morning just had an accident. I've told my current insurer and they have recovered the car to the bodyshop. Do I also need to notify the new insurer aswell?

BrokenSkunk

4,707 posts

257 months

Friday 27th September
quotequote all
Yes.

davek_964

9,292 posts

182 months

Friday 27th September
quotequote all
A pending claim will move the goalposts a bit - the new insurers may no longer be the cheapest.

alscar

5,370 posts

220 months

Friday 27th September
quotequote all
Yes because your policy has yet to start and it is a material fact that if at some later date you have an issue on your new policy on, said claim may come to light and potentially spell a world of issues for you.

BertBert

19,677 posts

218 months

Friday 27th September
quotequote all
davek_964 said:
A pending claim will move the goalposts a bit - the new insurers may no longer be the cheapest.
Your new insurer may not want to cover you.

sunnyb13

Original Poster:

1,038 posts

45 months

Friday 27th September
quotequote all
thanks all. additional £600 increase in premium. ah well.

davek_964

9,292 posts

182 months

Friday 27th September
quotequote all
sunnyb13 said:
thanks all. additional £600 increase in premium. ah well.
Blimey.

I had similar 2 years ago - I'd already paid for my renewal (with my existing insurer) but had an accident just before it renewed.

My renewal went up by £12.10!

MitchT

16,222 posts

216 months

Friday 27th September
quotequote all
Happened to me once. Someone hit me less than a week before renewal. Hadn't been driving long enough to protect my NCD. Insurance doubled from my original renewal premium until the claim was settled in my favour, at which point my NCD was reinstated and the difference was refunded.

Mr Tidy

24,270 posts

134 months

Friday 27th September
quotequote all
sunnyb13 said:
thanks all. additional £600 increase in premium. ah well.
But you should be able to cancel at no cost if it hasn't come into force and can find a cheaper quote.

sunnyb13

Original Poster:

1,038 posts

45 months

Monday 14th October
quotequote all
company dealing with the current claim will recover the premium increase. result.