No entitlement bonus
If you want to keep your discount with no claims for damages and want to pay for the repairs yourself (or try to reclaim them from the other driver), there is no need to submit your insurance claim to your insurer.
Sometimes the cost of losing your no-claims bonus is greater than the cost of repairing it itself. If so, it would be better not to claim.
Should you tell your insurer about an accident?
Yes – if you have had an accident, you must report this to your insurer. You should send your insurer a letter telling you what happened.
However, make it clear that this is for informational purposes only and you do not want to make a claim.
This should ensure that your insurer does not settle the other party’s insurer without your knowledge.
Time frame to inform your insurer
Another prerequisite for your insurance policy is that you report the accident to your insurance company within a reasonable period of time, even if you do not want to assert yourself.
What is considered a reasonable amount of time differs between the guidelines.
You should review the terms of your policy. However, if the timeframe is not given, try to do so as soon as possible.
Otherwise, your insurance company may have the right to refuse to insure you in the future.
Right to request insurance details
Even if no personal injury has occurred, someone has the right to request your insurance details if they hold you responsible for the accident.
This request can be made later and not necessarily at the time of the accident.
Failure to provide your insurance details without a reasonable excuse is also a punishable offense.
A reasonable excuse would be injury at the time of the accident.
Do I have to tell my insurer if I have a car accident?
- If you want to protect your bonus without claims for damages and pay for the repairs yourself, you don’t need to make a claim with your insurer
- You must tell your insurer that you have had an accident. Otherwise, your insurer may have the right to refuse to insure you in the future
- You must stop if you are involved in an accident and you must always report it or you run the risk of being fined up to £ 5,000 plus penalty points on your license
Here’s how to make an insurance claim when an accident isn’t your fault
If an accident wasn’t your fault and you need to file an insurance claim, you have a few options
Use a credit rental company
You can use a credit rental company to save on paying the deductible.
The credit rental company pays the cost of renting another car while your car is being repaired.
It also covers the cost of repairs and then claims that cost from the other driver’s insurance company.
However, your insurer must still be aware of the accident even if you do not make a claim.
Make sure you read the fine print in the loan rental company’s terms and conditions. Often there is a clause that says how much to pay if you are misleading or do not cooperate with them.
Get the insurer to pay a deductible
If you don’t want to go through a credit rental company and the accident wasn’t your fault, you can pay the deductible and then ask the other driver’s insurer to reimburse it once the claim is settled.
However, it is worth asking your insurer if they can help you reclaim your additional costs from the other insurer.
If you’re still having trouble getting your money back, you may need to take the other driver or their insurer to the doctor .
What to do in the event of an accident
Under the 1988 Road Traffic Act, Section 170, if you are in an accident and are the driver, you must remain at the scene for a reasonable amount of time.
You must provide the following information to anyone with a reasonable reason to ask:
- Your vehicle registration number
- your name
- your address,
- Name and address of the vehicle owner (if different)
If you do not exchange this data on site, you must report the accident to a police station or a police officer as soon as possible and in any case within 24 hours.
What to do in the event of a car accident abroad
Contact the police, but do not accept liability and do not sign any documents other than the Constat Amiable European Accident Declaration.
If you cannot drive your car, contact your insurer immediately.
If you can drive you can wait until you are back in the UK to tell your insurer if it is within two weeks of the accident.
Read more about how to claim a car accident abroad.
Injury in an accident
If someone else is injured in the accident, you must also show your insurance certificate if someone on the spot has legitimate reasons to see it.
If you fail to do this, you must report the accident to a police station or a police officer as soon as possible. This must be within 24 hours.
You need to do these things not only if you were directly involved in an accident, but also if the presence of your vehicle was a factor.
If you do not have an insurance certificate at the scene of the accident, you can bring it to a police station that you name when you report the incident.
You must do this within seven days of the accident.
Reporting the accident to the police over the phone is not enough and you cannot ask anyone to report it for you.
If in doubt, we recommend that you take the above steps immediately after the accident, regardless of who was to blame.
Failure to do any of the above can result in two offenses: failing to stop and failing to report.
It is possible to be guilty of either or both.
The penalties for each offense include a maximum fine of £ 5,000 and five to 10 penalty points on your driver’s license.
The court also has power to exclude you from driving for both offenses, and this is likely to be the case if both offenses are committed on the same occasion.