Minor tip

BusinessGrinds

I had a minor tip at the weekend where I rear ended guy in front in stop start traffic my foot slipped as I was moving from accelerator to brake. Guards called and no injuries. Offered to pay for the damage so he went to main dealer and quote has come back at 3K. I don't know whether to try and pay this which would be a huge hardship on me as I am sale agreed on a house and all my money is tied up in that or if I should go through insurance and lose my 5 years ncb which be high as I'm under 30 and drive high powered car. Also do I have to notify insurance just in case of any personal injury claims down the line if I do pay myself.

SnakePlissken

BusinessGrinds wrote: »

I had a minor tip at the weekend where I rear ended guy in front in stop start traffic my foot slipped as I was moving from accelerator to brake. Guards called and no injuries. Offered to pay for the damage so he went to main dealer and quote has come back at 3K. I don't know whether to try and pay this which would be a huge hardship on me as I am sale agreed on a house and all my money is tied up in that or if I should go through insurance and lose my 5 years ncb which be high as I'm under 30 and drive high powered car. Also do I have to notify insurance just in case of any personal injury claims down the line if I do pay myself.

A minor tip that costs 3 grand? Somethings not adding up here

ION08

Are we talking an actual high powered car or an "Irish" high powered car? i.e 1.6 petrol Golf :P

You could try run a few insurance quotes online minus the ncb to see what impact it would have on your premium

cletus

Same thing happened to me about a year ago, into the back of a car in stop start traffic. Asked the person to get a quote to see if I could cover the cost myself. Quote came back at over 3k.

Saw a breakdown of costs, things like new Renault badge at €120 soon add up. The dealer she went to essentially replaced the rear bumper, light clusters, boot, boot liner, then prep and paint, plus labour. It adds up pretty quickly

biko

It's up to you but in this case I'd go with my insurer.

punisher5112

Could you consider asking would they mind gettig a second estimate?


You could work out a cash deal maybe but make sure if they deal you get a letter drawn up stating payment and no further claims. Such as injury suddenly appears.


How low speed we taking and what type car vs other?

Is damage that bad.

biko

punisher5112 wrote: »

You could work out a cash deal maybe but make sure if they deal you get a letter drawn up stating payment and no further claims. Such as injury suddenly appears.

This would probably require a solicitor's advice

BusinessGrinds

Yes genuine small tip even guard commented as to calling them out for such a minor incident. I drive a 2L audi a4 and small scrape to front of mine costs add up quickly when they are replacing everything on the back of the car badges included! I did ask for second quote but the place he Brought it too he specified that everything on the list the main dealer said had to done he wanted quoted for so defeated the purpose as I was told by second garage half the stuff didn't need to be done - independent garage don't know anyone there.

Edited to add there's was avensis so not small in comparison to mine genuinely 5 miles an hour as was just behind him so not into him from a distance or anything

cletus

What it comes down to is you were at fault, so even though its annoying, you just have to get on with it. The person you hit is entitled to have the car returned to the original condition, and you cant dictate where he/she goes to do this.

I went through my insurance, i couldnt afford to pay cash, but my premium jumped hugely. Your insurance company will claw back their costs over two or three years of insurance cover

biko

My main reason to go through insurer is in case the "victim" decides they suddenly have neck pain 2 months down the road.

dev100

Done the same myself ..... cost me 3 K for the other party's car . The boot well had crumpled that's where the costs add up .

Have you any no claims protection ? Full or step back ? What's the damage done to yours ?

I done about 4 K ish of damage altogether . ****e happens !!!! That's what insurance is for .... if you can afford the outlay of paying it yourself let it go thru insurance at least that way you won't worry about them putting in other claims later . I was lucky I knew the person I rear ended .

dev100

SnakePlissken wrote:

A minor tip that costs 3 grand? Somethings not adding up here

It can and it does !!! The boot liner is a crumple zone once that is crumpled it adds up .

BusinessGrinds

I totally accept it was my fault and the party wants there car fixed it's just a pain that you wipe out your whole no claims for a small amount and one minor incident in my whole driving life! I informed the broker to have it on file and because my insurance is just up for renewal I now have stay with the old company which is 500 dearer than my renewal quote so might as well put it through now seen as it's already cost me 500 not sure if I could get my own fixed as well seen as Im already screwed!

NeverWaining

dev100 wrote: »

Have you any no claims protection ? Full or step back ?

THIS!! Who are you with?

BusinessGrinds

NeverWaining wrote: »

THIS!! Who are you with?

I have step back protection but my current renewal with the company I now have stay with is still 500 dearer than what I was getting it for

NeverWaining

BusinessGrinds wrote: »

...not sure if I could get my own fixed as well seen as Im already screwed!

They will all ask if you claimed for your own damages or just for a third party. It's not quite as straightforward as just getting your own damage covered 'while they're at it'. It will affect you further.

Corvo

First of all, notify your insurers regardless of the decision you make. Make the phone call and advise that for now, it is a report only.

Secondly, decide whether you want to proceed via the insurance or privately.

Gather together the estimates and all insurance details from the third party, including any photos you may have taken.

Settle privately or go via your insurer. As you have a vfull No Claims Bonus, and you have Step Back No Claims Bonus protection your discount will reduce upon renewal which will obviously see your premium increase. However the claim is likely to be small (unless there is a personal injury claim incoming, which unfortunately is a symptom of the Irish claims culture at this time), so perhaps next year you could shop around and see how the market reacts.

However, from my own experiences this year, the car insurance market is due to see further significant increases and I would chat to your own insurer / advisor about this issue.

pcardin

Corvo wrote: »

First of all, notify your insurers regardless of the decision you make. Make the phone call and advise that for now, it is a report only.

Secondly, decide whether you want to proceed via the insurance or privately.

If he notifies but doesn't claim, can his insurance crowd still not screw him?

seagull

If you decide to go through insurance to have their car repaired, you might as well get yours done as well.

BusinessGrinds

I have already been screwed just by telling them as I now have to stay with insurer it happened under as my renewal was 2 days later so to have to stay with current one regardless of whether I pay or not for the damage is now costing me an extra 500 insurance premium just to stay with them

milltown

BusinessGrinds wrote: »

I have already been screwed just by telling them as I now have to stay with insurer it happened under as my renewal was 2 days later so to have to stay with current one regardless of whether I pay or not for the damage is now costing me an extra 500 insurance premium just to stay with them

Bad luck!
In your case, with the house purchase, the size of the third party's quote and their attitude, I'd go through insurance. Get your damage fixed too (if fully comp) and consider the extra €500 on this renewal as paying the €3k on the drip.

FWIW in the case of any claim those NCB protection options pretty much tie you to that insurer anyway. No other company will disregard a claim in the last 5 years because you paid your current insurer a small fee.