Do I have to report accident?

goz83

If I was involved in an accident and I was not to blame and lets say I knew the person who was responsible for the accident and he/she was willing to cover the repair and medical bills. In that scenario, would I still be obliged to inform my insurance company of the accident?

Details on this would be helpful an appreciated. Thanks

ironclaw

No matter how good a friend someone is, get it in writing that they will pay for all bills. People become funny when money gets involved. Conversely, you'd have to waive your right to claim off their insurance. Won't affect your premium if its 100% their fault and they'll admit that, so its really down to them and how they wish to proceed

If it wasn't too serious an accident and they were happy to proceed as above, its fine. The issues arises if in say 6 months time they get the hump and want to go down the insurance route. Makes a right mess of everything and draws big question marks over all parties.

goz83

ironclaw wrote: »

No matter how good a friend someone is, get it in writing that they will pay for all bills. People become funny when money gets involved. Conversely, you'd have to waive your right to claim off their insurance. Won't affect your premium if its 100% their fault and they'll admit that, so its really down to them and how they wish to proceed

If it wasn't too serious an accident and they were happy to proceed as above, its fine. The issues arises if in say 6 months time they get the hump and want to go down the insurance route. Makes a right mess of everything and draws big question marks over all parties.

Thanks for the advice, which is sound advice. But, my real question is whether I am obligated to report the accident to my insurer, or not.

_Kaiser_

goz83 wrote: »

Thanks for the advice, which is sound advice. But, my real question is whether I am obligated to report the accident to my insurer, or not.

As far as I remember there's a section on my policy saying that alright. You'd probably need to check the wording of yours to be sure.

ironclaw

goz83 wrote: »

Thanks for the advice, which is sound advice. But, my real question is whether I am obligated to report the accident to my insurer, or not.

Had a really quick flip though my booklet, as you got me thinking, and it would appear that its kinda of a case of 'if you don't tell us, don't come back later as we won't pay' which is fair enough. It doesn't make any obligation for me to report accidents by the looks of it.

Vikings

Why wouldn't you report it out of interest? If there is no claim through the insurance it will not affect either persons premium? You gain nothing by not reporting it but potentially lose a lot.

No Pants

Kaiser2000 wrote: »

As far as I remember there's a section on my policy saying that alright. You'd probably need to check the wording of yours to be sure.

Mine has it too. Currently with Zurich.

coylemj

Isn't there sometimes an issue that a potential claim in the pipeline can affect your NCB, especially if you try to get a quote from someone else?

goz83

I looked it up and yeah, it's a necessity. I rang my insurer and let them know. I told them I had no plans to claim. Hoping my baby can be fixed.