Find solution
Car Insurance help?

Car Crash - Insurance HELP?

  • I had a car crash yesterday. It was at a cross roads and there were people crossing when they shouldn't have been, so i was concentrating on them and unfortunately turned right into a car! It is my first crash and so was very upset with everything! I now don't know what to do. I have my own insurance policy but have only been driving for less than a year so its quite high! Should I claim with my insurance company? i'm just worried that if i do my insurance will go up massively next time I try to insure myself? and this will affect me for the future? Or do i just try and pay for it myself and not involve insurance companies then i will keep my 1 year no claims (except it may be £1000 or more)! Does anybody know how much my insurance will rise after 1 crash? (at the moment i pay £250 excess and 1400 a year for insurance) I just want to work out how much i will be paying extra on my insurance if i claim or if its worth paying it myself and will therefore the money i do spend will be the same as the added extra on my insurance policy! PLEASE HELP QUICKLY Thanks

  • Answer:

    You need to notify your insurance company about the accident. If you are at fault, your insurance company will need to settle with the other driver for her damage/injuries. If the other lady uses her own insurance (and you are at fault) then her company will pay her and file against your company. So, your insurance company is getting involved any way. Better that you go ahead and notify them then wait.

Harriet at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

911 in the UK? I don't think so Ammar BOY. You will need to go through your insurance as it could cost you thousands if the car is damaged excessively or they put an injury claim. The reason it is expensive is because of mistakes made by inexperienced drivers so you can expect your insurance to double next year.

who_is_jack_****

You will need to report the accident to your insurers. The driver of the other car will no doubt be claiming off you, and it would appear that it was your fault. You will have to pay for the excess on your insurance to get the repair work done. Repair work can be very expensive. You will have to ask your insurers what the effect on your premium will be.

Roosh

AMMAR BOY, 911 does not work in the U.K. ! It depends on how much the other driver wants to get the damage fixed.But ! If they have informed their insurance youve got a problem. Their insurance may refuse to deal with you and insist on going through your insurance company.The reason for this is they are guaranteed to get paid, in other words they wont trust you to pay up. In that case its out of your hands.Also be aware that going for a private arrangment , sometimes means that the other drivers garage may inflate the price of the repair ! Insist on them getting 3 quotes insurance companies often do this.

canada bear

best pay for it yourself i think, if you tell the insurance company it will cost even more next time around and so on whoever the insurance is with. Sorry but there will look at it and judging by the details you are to blame, best to pay for the other car first then think about your own and hope there dont want to take it further im afraid

romdut

It's best report it to the insurance, if trying to do it yourself it will cause further problems.

WelshLad

What you have to do is try and work out what the cost will be if you claim, and what the cost will be if you pay it yourself and see which is the best option. You state that you have one year's no claims discount. Most UK insurers start you off on 25% introductory discount, then 35% when you have one years discount. If you claim, most insurers take off at least 2 years no claims discount so you will be down to nil. You will be paying extra for the next 5 years to get it to the maximum as this chart shows. At the next renewal date you will have nil, but would have reached 45% At the following renewal date, you will have 25% but would have reached 55% At the following renewal date, you will have 35% but would have reached 65% At the following renewal date, you will have 45% but would have reached 65% At the following renewal date, you will have 55% but would have reached 65% At the following renewal date, you will have 65% I know insurance rates change every year, but that will give you a rough idea based on the price you pay at the moment to see what it may cost you. I've just done a rough calculation and if you are paying £1400 with one year no claims, and your insurer uses the above no claims discount scale, even without the annual rates increase, you are looking at an extra £2200 over the five years. You may also have an excess to pay before they will settle the claim.

Ninco

Call 911

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.