Why does my insurance go up following a non-fault accident?

Discussion in 'Insurance & Finance' started by ScoobyDooLondon, Dec 7, 2016.

  1. ScoobyDooLondon

    ScoobyDooLondon Hardcore MB Enthusiast

    Messages:
    133
    Joined:
    Jul 6, 2014
    Location:
    Maidenhead, Berkshire
    Car:
    Mercedes S320 CDI 2008
    My parked vehicle was hit and my insurance company successfully reclaimed the full amount from the third party insurer.

    Insurance renewal quote from current insurer was double last years! I kid you not, was paying £645 last year and now its £1276!

    However, if I shop online I can get it down to £762 if I don't mention the accident. As soon as I do, its increases to £883 (policy was protected and I have 15 years no-claims)

    Why the increase if:

    1) its not my fault
    2) and all costs were fully recovered from third-party

    Also, if my insurance cost goes up, shouldn't I be allowed to recover these from the third-party?
     
  2. DrFeelgood

    DrFeelgood MB Club Veteran

    Messages:
    7,750
    Joined:
    Nov 10, 2005
    Car:
    BMW
    As I understand it the insurance firms have data that shows that those involved in a non fault accident are more likely to have another or an at fault one.
     
    1 person likes this.
  3. bob6600

    bob6600 MB Club Veteran

    Messages:
    5,226
    Joined:
    Jan 3, 2013
    Car:
    AUDI S8 V10, S210 E320 CDI (R.I.P.)
    Their excuse is that because you were involved, even if you were not at fault or even if it was a parked car, it goes down as an accident against your postcode and on your record, making you more likely to have an accident in their eyes.

    Absolute tosh.

    It's just an excuse to put their premiums up
     
  4. C240Sport97

    C240Sport97 MB Club Veteran

    Messages:
    8,576
    Joined:
    Feb 22, 2004
    Location:
    London E1
    Car:
    SL400 and 911 GT3
    seems completely unfair
     
  5. whitenemesis

    whitenemesis MB Club Veteran

    Messages:
    15,581
    Joined:
    May 7, 2007
    Car:
    Lexus RC300h F-Sport 2016
    The policy wasn't protected, just the percentage no claims bonus.
     
  6. KillerHERTZ

    KillerHERTZ Administrator Staff Member

    Messages:
    16,582
    Joined:
    May 21, 2003
    Location:
    Cambridge
    Car:
    CLS63 AMG
    Im in the final year after 4 years since my car was hit by a Woman while I wasnt in the car. it went up about 20%, total bo-locks.
     
  7. High-Lo

    High-Lo Hardcore MB Enthusiast

    Messages:
    1,798
    Joined:
    Sep 7, 2004
    Location:
    Kent
    Car:
    2013 X166 Mercedes GL350, Porsche 911 Carrera 4 Cabriolet, Porsche 968 Cabriolet
    In September/October last year, my car was hit on two occasions (I was stationary for the first one and not in the vehicle (as it was parked) for the second). Both confirmed as non-fault. My renewal for both of my cars is due early next year. Think I'm in for a shock..! :eek:
     
  8. Doodle

    Doodle Hardcore MB Enthusiast

    Messages:
    4,633
    Joined:
    May 3, 2005
    Location:
    Echo Beach
    Car:
    R129, Leon Cupra 290, BMW R100
    I wonder if being a parked vehicle has anything to do with it?

    I've had 2 non faults in 2 years (both times stationary at a road junction when I got collected by another driver doing something dumb), but my insurance is still down.

    First accident was zero value (try damaging an old Volvo that's already seen plenty of action), and the 2nd just needed a new bumper skin.

    Any correlation in the sudden spike of accidents (clean for nearly a decade up to this point) is more related to having to drive through Reading every day, and the substandard level of driving prowess exhibited by its inhabitants. I'm surprised it's taken this long.
     
    Last edited: Dec 7, 2016
  9. DrFeelgood

    DrFeelgood MB Club Veteran

    Messages:
    7,750
    Joined:
    Nov 10, 2005
    Car:
    BMW
    Proof of the increased risk? :eek:
     
  10. BTB 500

    BTB 500 MB Club Veteran

    Messages:
    18,360
    Joined:
    Aug 7, 2005
    Location:
    Berkshire
    Car:
    R129 SL500, W639 Vito 120, S203 C230
    Presumably there's a risk that you'll be hit by an uninsured driver next time? Or by someone who drives off, leaving your insurer to foot the bill?
     
  11. ph47mf

    ph47mf Hardcore MB Enthusiast

    Messages:
    544
    Joined:
    Sep 10, 2016
    Location:
    Midlands
    Car:
    BMW 335D GT xdrive M-Sport
    it's all about stats, in their eyes, you've been involved in an accident, they can't trust you anymore.:D
     
  12. tec

    tec Hardcore MB Enthusiast

    Messages:
    600
    Joined:
    Mar 31, 2015
    Location:
    South Midlands UK
    Car:
    CLK320 CDi SPORT V6
    Not everyone's car got hit, just yours, so therefore you are deemed as being a higher risk.

    If you had parked somewhere else then the accident might not have happened.
     
  13. hotrodder

    hotrodder Hardcore MB Enthusiast

    Messages:
    845
    Joined:
    Sep 28, 2008
    Location:
    south east
    Car:
    '93 320te
    Not defending insurers but think about it logically and it's not hard to see how being involved in a non fault accident can statistically increase the odds of being involved another claim. For example the last of the late breakers is more likely to have someone plow into the back of them than someone who drives more smoothly and pays attention to what's going on behind them. Or the idiot that lives a few doors away from me who is waaaaaaay more likely to have his car hit while it's parked because the mouth breather insists on parking on a blind bend near to a junction instead of using their driveway*

    Obviously neither of those examples are much comfort to people that were sitting patiently at a set of lights when hit or were parked sensibly but insurance, like life, isn't fair. Insurance is about spreading risks. Everyone is free(?) to deposit the £500k (or whatever it is today) bond to 'self insure' against 3rd parties. Me, i've had a licence just over 24 years and for probably at least 10 of those had at least two cars insured at a time. When i first got a licence insurance was ~ £1k, that quickly fell a lot and these days it's closer to £300. 2nd car has always been a classic/rod and a couple of hundred tops on a specialist policy. Averaged out i doubt i've spent more than £600/year but lets call it a grand to make the maths easy... £24k "wasted" on insurance so far BUT if i run over a kid and cripple them for life tomorrow i won't be any worse off financially while the evil money grabbing insurance underwriters will have to pay out possibly millions. Sounds like a bargin to me

    * maybe his premium would go up if he parked on the drive 'cause any thieves would know which house to break into for the keys but that's no excuse for not parking a few metres further along the road away from blind bends and junctions
     
  14. bolide

    bolide Hardcore MB Enthusiast

    Messages:
    3,726
    Joined:
    Oct 8, 2005
    Location:
    Brighton
    Car:
    BMW E39 525 Diesel Touring
    Is it because insurance companies are robbing ba$tards?

    Nick Froome
     
  15. mat8n

    mat8n Banned

    Messages:
    1,105
    Joined:
    Dec 30, 2013
    Location:
    Stokesley....ish
    Car:
    Sl63,honda crf450x, BMW x3, vespa lx50v, Honda goldwing in bits!
    I crashed my car, wrote it off, all my fault.
    Protected no claims.

    My insurance (on the sl) went from £250 to £350 the following year.... It went back down to £250 the second year.
    a payout of about £11k and I ended up with a better car for £100!

    I stayed with my insurer throughout, and spoke to them before the first renewal, and got what thought was a good price, they know my history and look after me(Ifeel).

    My 21 year old son has just gone in the back of someone this year and he's done well out of it too!

    Both these incidents were a lot of stress and took a lot of calls to sort, but it can be done.
    Some people do win with insurance
     
  16. markjay

    markjay MB Club Veteran

    Messages:
    21,925
    Joined:
    Jun 24, 2008
    Location:
    London
    Car:
    W204 C180 Executive SE 2013 Automatic / COMAND NTG4.7 and Morel speakers fitted by www.comand.co.uk
    Mrs MJ had one at-fault and one no-fault accident in the past 5 years.

    She has fully protected NCD.

    The at-fault accident caused a £30 increase the following year, which went back down since.

    The no-fault accident did not cause any premium increase.

    Her NCD is still intact.

    We are both with Aviva on a multi-car policy.

    So not a bad result overall.
     
  17. markjay

    markjay MB Club Veteran

    Messages:
    21,925
    Joined:
    Jun 24, 2008
    Location:
    London
    Car:
    W204 C180 Executive SE 2013 Automatic / COMAND NTG4.7 and Morel speakers fitted by www.comand.co.uk
    Also... it's not about what's 'fair'. Insurers are financial organisations.

    The claim might not be your fault... but it's not their fault either.

    Sounds harsh, but an insurance policy is not a court of justice, it's a commercial transaction with T&C the protect the insurer's business.
     
  18. mrmonkeyboy

    mrmonkeyboy Member

    Messages:
    34
    Joined:
    Feb 9, 2016
    Car:
    E63 AMG (w212)
    You could always write to the insurer for an explanation.

    I did that a few years ago when I opened a non-fault claim with Admiral after my BMW was vandalised in a car park. I cancelled the claim before it got too far through the process but the following years renewal spiked.

    I wrote to them asking why, they referenced the claim, I complained and threatened to take the complaint to the Ombudsman as this wasn't 'treating customers fairly' (3 very key words when complaining) and they apologised, blamed an error somewhere and gave me a much more competitive quote.

    I then took that quote and went elsewhere for an even better deal
     
  19. KennyN

    KennyN Hardcore MB Enthusiast

    Messages:
    1,097
    Joined:
    Sep 21, 2014
    Location:
    Paisley
    Car:
    BMW 440i Coupe
    It seems that all the insurance prices have shot up this year , daughters insurance jumped 20% this year even with another year of NCB.

    No matter what we have tried it seems that £600 is what you have to pay for a 21 year old to drive a group 1 insurance vehicle for less than 6k miles a year.

    Kenny
     
  20. uumode

    uumode Hardcore MB Enthusiast

    Messages:
    1,511
    Joined:
    Sep 1, 2003
    Car:
    W205 C300 AMG Line Premium Plus

    Did you try putting your daughter as the main driver, and add you, partner, or both as occasional named drivers?

    I found the insurance on my car is cheaper if I am main driver when I add my wife on, rather than myself alone. Both full NCB, no claims in 25 years or convictions. Could be me :D
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.