Serious insurance question...

[The Moose]

So, if someone crashes into my car and is found to be 100% at fault, what am I supposed to get (assuming they're insured)?

My assumption is that the definition was "promise of reimbursement in the case of loss"??

Cheers

The Moose

[Jeffmaniac]

You should get your car repaired to the condition it was before the incident or if a write off the amount to replace your car for a like-for-like.

If you have any receipts for things such as recovery fees or other items that were damaged then submit them to your insurers.

[The Moose]

Thank Jeff

This isn't about an accident I've just been involved in (that goodness!).

So, if I had a bunch of breakable stuff in the back, would that be covered (assuming it was fked)?

Cheers

The Moose

[DavidHM]

Yes, if you suffered actual loss, could prove it and had mitigated it. Actual loss includes personal injury, but not stress unless a recognised psychiatric injury (basically more like PTSD) and not your time in making the claim.

What you can't claim for - pretty much anything that's too remote to claim, like an increase in future insurance premiums or diminution in value of the car (except possibly a classic with a fixed, investment type price). If it's your daily driver, the loss is remote because it can't be quantified until sold - you might knock £100 off a £1k car for evidence of accident repair, £1,000 off a £10k car - but if you keep that £10k car long enough it'll be a £1k car so paying out now would be a windfall for the owner.

[The Moose]

DavidHM said:

like an increase in future insurance premiums

Why can't you claim for this?

If I have no claims, get run into, 100% the other chaps fault and my insurance jumps up £300 as a direct result (provable by getting 2 quotes etc) then why are they not liable for that increase?

Cheers

The Moose

ETA: It is a fully quantifiable loss that I experience due to the actions of the other driver...

Edited by The Moose on Thursday 3rd February 00:27

[Jeffmaniac]

Unfortunately you cannot claim for this.

If your renewal is due, call up your insurer and see if they can lower the premium (as calmly and politely as possible will get you the biggest discount). Keep in mind that insurance prices are also rising significantly this year so compare your meerkats and see if there are any cheaper premiums and don't non-disclose your non fault accident. Insurers know everything!

[Jeffmaniac]

Unfortunately you cannot claim for this.

If your renewal is due, call up your insurer and see if they can lower the premium (as calmly and politely as possible will get you the biggest discount). Keep in mind that insurance prices are also rising significantly this year so compare your meerkats and see if there are any cheaper premiums and don't non-disclose your non fault accident. Insurers know everything!

[The Moose]

Jeffmaniac said:

Unfortunately you cannot claim for this.

If your renewal is due, call up your insurer and see if they can lower the premium (as calmly and politely as possible will get you the biggest discount). Keep in mind that insurance prices are also rising significantly this year so compare your meerkats and see if there are any cheaper premiums and don't non-disclose your non fault accident. Insurers know everything!

What I don't understand is why can't you claim this?

Cheers

The Moose

[marshalla]

The Moose said:

What I don't understand is why can't you claim this?

The insurers' argument is that the fact that you were involved in an accident (even a no-fault accident) is an indication that you place your vehicle in a position where an accident is more likely, hence you are a higher risk than they first estimated.This risk is as a result of your actions, not the other driver's so you bear the responsibility for it.

[ZOLLAR]

The Moose said:

What I don't understand is why can't you claim this?

Cheers

The Moose

Because its not an actual loss, you may see an increase with your insurer for say £200 but another insurer may not increase premiums for non fault claims so you could go to them instead thus meaning there is no loss so if you were paid off for the increase in premium you would be better off rather than in the same financial position you were prior to the claim, as insurance quotes are only offers you don't have to take them.
HTH