No fault knock- who's insurance do you use??

[Dryce]

Insurance premiums are calculated by complex algorithms and it's not completely unreasonable to increase the premium slightly in the event of a non-fault accident, as, arguably, almost every accident is avoidable by adopting a more defensive driving technique.

I have a problem with this.

If your premium goes up due to a no-fault accident then you should be able to claim this against the other party. After all it was not your fault and the premium going up is an additional loss.

I think that notionally there are complex algorithms at work somewhere deep down but the biggest factor is down to marketing. If the industry thinks it can load you for a no-fault then it will do that simply because the market accepts it.

 

[timskemp]

I have a problem with this.

If your premium goes up due to a no-fault accident then you should be able to claim this against the other party. After all it was not your fault and the premium going up is an additional loss.

I think that notionally there are complex algorithms at work somewhere deep down but the biggest factor is down to marketing. If the industry thinks it can load you for a no-fault then it will do that simply because the market accepts it.

Very true. I will admit that in my last two incidents, one being a rear shunt in the merc and the other being a milk float vs parked toyota incident I've not involved my insurers in either of them, both were informed for "informational" purposes only and have not loaded the premium. I used a credit hire company to manage the claims in both instances.

 

[Rory]

both were informed for "informational" purposes only and have not loaded the premium.

How would you know? The premium changes year on year anyway, and they wouldn't note it as "non-fault accident loading", it's hidden in the premium calculation.