Do You Lose No Claims If Accident Not Your Fault?
If you’ve been in an accident that wasn’t your fault, you may be wondering if you’ll lose your no-claims bonus. The answer to this question depends on the circumstances of the accident and the policies of your insurance provider.
If you report an accident that you say wasn’t your fault and don’t want to claim for it, your insurer should only treat this as a claim if they receive a claim from the other driver or a third party. If they do, it will affect your no-claims bonus until your insurer can work out who’s liable.
If you’re found to be at fault, your no-claims bonus will be affected. However, if you’re found to be not at fault, your no-claims bonus should remain intact.
It’s important to note that even if you’re not at fault, your insurer may still charge you an excess. This is because your insurer may have to pay out for the other driver’s claim, and they may charge you an excess to cover the cost.
It’s also important to remember that if you’re found to be at fault, your no-claims bonus may be affected for up to five years. This means that you may have to pay more for your insurance in the future.
If you’re in an accident that wasn’t your fault, it’s important to report it to your insurer as soon as possible. This will help them to investigate the accident and determine who’s liable.
It’s also important to keep all documentation related to the accident, such as photos, police reports, and witness statements. This will help your insurer to determine who’s at fault and ensure that your no-claims bonus isn’t affected.
If you’re in an accident that wasn’t your fault, it’s important to know that you may still lose your no-claims bonus. However, if you’re found to be not at fault, your no-claims bonus should remain intact. It’s important to report the accident to your insurer as soon as possible and keep all documentation related to the accident. By doing so, you can help ensure that your no-claims bonus isn’t affected.
25 Mei 2022.