Accident in work vehicle affect personal insurance

deaglan169 · 31-01-2013 7:49pm #1

i had an accident in a work vehicle up north and it was under a northern policy, it has all been sorted but now im wondering does this affect my own personal car insurance held in the south, in particular "have you had an accident in the past 5 years" etc...

Stheno · 31-01-2013 7:53pm

Yes you need to declare it.

MugMugs · 31-01-2013 7:54pm

deaglan169 wrote: »

i had an accident in a work vehicle up north and it was under a northern policy, it has all been sorted but now im wondering does this affect my own personal car insurance held in the south, in particular "have you had an accident in the past 5 years" etc...

Were you at fault?

deaglan169 · 31-01-2013 8:10pm

it hasnt gone to court yet if even court so im not sure what the police outcome will be on it yet, the insurance side was all handled through work i had no real input to it at all

Henry Ford III · 31-01-2013 8:49pm

Who paid whom? If your insurer paid out they have essentially accepted liability.

deaglan169 · 31-01-2013 9:13pm

my work insurance has paid out

Henry Ford III · 31-01-2013 9:47pm

deaglan169 wrote: »

my work insurance has paid out

Disclosure is mandatory and it may affect your premium too.

MugMugs · 31-01-2013 9:59pm

deaglan169 wrote: »

my work insurance has paid out

Henry Ford III wrote: »

Disclosure is mandatory and it may affect your premium too.

So you're liable. You'll be obliged to disclose an at fault accident.

deaglan169 · 31-01-2013 10:21pm

great..... thanks for info all

Farmer Pudsey · 31-01-2013 10:24pm

You have to disclose it at the renewal date, techinaclly it should not effect your insurance however if there was a payout of more than 5K then you will find it hard to change insurers. Insurance companies know this so for years 2-5 you are at the mercy of the system.

I myself believe that this is unfair as a person that drives vehicle for there employer may be putting up huge milage compare to a social and domestic driver only. Also they may have reduced milage as a private driver you are less likly to go for a spin in the evening if you have put up 3or400 work Km during the day.

deaglan169 · 31-01-2013 10:40pm

would the fact that the accident happened in the north and was processed by a UK insurance compney have any reflect on my own, i feel its very unfair, my insurance is up for renewal in march

Stheno · 31-01-2013 10:42pm

deaglan169 wrote: »

would the fact that the accident happened in the north and was processed by a UK insurance compney have any reflect on my own, i feel its very unfair, my insurance is up for renewal in march

No the question is in relation to you as a driver and any accidents you were found to be at fault for, regardless of the vehicle involved.

deaglan169 · 31-01-2013 10:44pm

no way around it so ohh well gotta grin and bear it i guess

Henry Ford III · 31-01-2013 10:57pm

Farmer Pudsey wrote: »

You have to disclose it at the renewal date, techinaclly it should not effect your insurance however if there was a payout of more than 5K then you will find it hard to change insurers. Insurance companies know this so for years 2-5 you are at the mercy of the system...

It certainly can affect personal cover, and where did the figure of €5k come from?

Farmer Pudsey · 01-02-2013 1:31am

Henry Ford III wrote: »

It certainly can affect personal cover, and where did the figure of €5k come from?

Usually with accidents below this figures if claim is setteled other insurers will still quote however if above this they will not.

I have declared a an accident from a different policy before however the company stated that it made no difference however the following year my insurance climbed and they did not budge as they knew than I could not price elsewhere.

ThreeLineWhip · 01-02-2013 1:47am

So they would expect me to declare me running down an ox in Cambodia with a hire car?

oldyouth · 01-02-2013 9:00am

ThreeLineWhip wrote: »

So they would expect me to declare me running down an ox in Cambodia with a hire car?

Yep, if a claim was paid to the owner of the Ox (or the Ox's dependants. Cambodia is a funny place)

Bottom lines is that you must disclose it to your personal insurer. However, they cannot affect your NCB unless they had to contribute to the cost of the claim. If your insurers have a rate increase, you'll have to suffer that, as alternative insurers are unlikely to offer a quote if the loss was above €3k/€5k

Accident in work vehicle affect personal insurance

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