I think a few people on here need to talk to them.

I was surprised how complex the whole "risk" business is, and how many things it actually affects in daily life.

...I was surprised how complex the whole "risk" business is, and how many things it actually affects in daily life...

The most worrying thing is that few if any of our politicians understand any of it.

Speed camera effectiveness claims are a great example http://news.bbc.co.uk/1/hi/programmes/more_or_less/3439027.stm

Firstly a little background.....

In 2012 some nice person exited a sideroad into the side of my brand new Monte Carlo

I had a witness and the other party held their hand up straight away.

There was a lotta damage but I know the insurance will sort it.Im not at fault,right?

When the claim was on going my insurance told me it would be quicker if I claimed on my insurance as a non fault claim.I was to pay the excess etc and my insurance would claim it all back

I thought this very strange but was assured it was commonplace and my no claims would not be affected and I would not be any worse off in the future

I accepted this but near the car repair date the 3rd partys insurance contacted me and advised me to claim on their insurance instead

The car was booked in though so I left it as it was and apart from having to disclose a non fault claim on websites etc I thought no more of it

Fast forward to now.Im named driver on the wifes car and her renewal arrives in the post (£1100)

I ring the insurance up and manage to get it down to £560 but wifey needs to ring them to confirm as shes main driver 

While shes on the phone they realise ive had a non fault claim and stick another £40 on because of it

I take the phone and am told that "statistically people who make non fault claims go on to make fault claims as well"

I was annoyed, but not as annoyed as I was at my original insurer for telling me to claim on my own insurance in the first place! 

Wish I`d cancelled the repair and claimed on the other persons insurance after all

Moral of the story is If you`re not at fault,dont claim on your insurance no matter how much bs your insurance provider gives you

 

I think your missing one important fact here.

Your insurance said your premium would not be affected and if you had stayed with them if most likley would not have gone up.

If you had changed companys it still may not have gone up but they are all different.

But you are now a named driver on someone else's insurance so your NCD and claim history are irrelevant as far as they are concerned.

So in there eyes you had an accident therefore you are a greater risk so added a bit more to the premium.

I do feel sorry for the OP as I've experienced the same thing late last year (there is a thread on it somewhere). My premium went up come renewal time, but I was told to write a letter to the insurance company expressing my annoyance at this, so I did and they agreed to refund me the increase (£86). I know my premium will be higher for a few more years, but in my eyes it all helps.

But as said, that's how insurance works whether people agree with it or not.

Y'see my original point was about who's insurance I should have claimed on

When renewing and being asked have you made any claims I always assumed it meant your policy not the other party

So I wouldn't have declared it if I'd have claimed on theirs which is the way it should be IMHO

Honestly the first thing the woman said after 'sorry' was 'that's my third crash in 12months'

And now I'm a 'risk'. Lol

Y'see my original point was about who's insurance I should have claimed on

When renewing and being asked have you made any claims I always assumed it meant your policy not the other party

So I wouldn't have declared it if I'd have claimed on theirs which is the way it should be IMHO

Honestly the first thing the woman said after 'sorry' was 'that's my third crash in 12months'

And now I'm a 'risk'. Lol

When you renew they ask if you have had any Accidents or Claims.

You should tell them about the accident.

 

The only time I have not told them about a claim was when my car was ran into when parked outside someone elses house and i was in the house.

I didnt claim as the other party did the right thing. And as i was not in the car I was not involved in the incident.

I suggest you talk to an Actuary, and find out exactly what they do and how they assess "risk" for insurance companies.

Whether you like it or not the facts are that statistically someone who has an accident has more chance of having another within a period. 

 

I got told this exact thing by my insurance company.

 

However, quite frankly, it's utter *******s in my case......................I have had two no-fault accidents since I started driving.................and they were 14 years apart.

 

I'd like to see that Actuary explain to me how the statistics apply to me.

 

See, that's the problem with all insurance, it takes NO ACCOUNT of individual circumstances or history when it comes to risk, but works off industry averages instead - so apparently, I am more likely to be involved in another accident within the next 12 or 24 months because some **** ran into the back of me whilst I was stationary in a queue of traffic............which was exactly what happened 14 years earlier as well.

 

Same accident, same bit of misfortune, but same increase in my premium because despite the fact that MY statistics show I am NOT a higher risk, the industry average applies........

 

It's a complete and utter joke.

 

H

Correct and I couldn't agree more

But.....

You've had a claim (albeit 14 years apart) again after your first claim

Proving the point 'statistically going to claim inside a given period'

Even if it is 14 years!

The only way to prove you won't claim again after a first none fault instance is if you grow too old to drive without another claim

Like you said its a joke