Penalty points

hillbloom

Do I have to notify Insurance company of 3 penalty points or is it time enough at renewal date which is next September.

fritzelly

If you don't let them know and something happens you will be screwed.
It can be easily checked

ILikeBoats

You're better off declaring them. I think most companies won't load a policy unless 4 points or over

Shefwedfan

hillbloom wrote: »

Do I have to notify Insurance company of 3 penalty points or is it time enough at renewal date which is next September.

When you took out policy you had none, I don't see why you would need to ring them now and say you have


It is 3 points, not 23

fritzelly

Shefwedfan wrote: »

When you took out policy you had none, I don't see why you would need to ring them now and say you have


It is 3 points, not 23

Every insurance policy has terms that stipulate you must notify them of any change of circumstance

Esel

fritzelly wrote: »

Every insurance policy has terms that stipulate you must notify them of any change of circumstance

Would penalty points be considered a change of circumstance though?

BuboBubo

I had 3 myself, thankfully expired since last year. I didn't notify Aviva, but they contacted me by letter and asked me to fill in an enclosed form.

Funnily enough, I had asked the broker if I needed to contact them if I got points, they said if it's only three points notification wasn't necessary.

Contact them, all that will happen is a slight increase in your premium next year. Better safe than sorry.

fritzelly

Esel wrote: »

Would penalty points be considered a change of circumstance though?

Will be up to the individual insurer - their clauses do not preclude anything, 3 points is neither here nor there - but why hide it and then get stung if something happens.

OldMrBrennan83

They'll say it won't make it increase but it will increase. Have to tell them though.

BuboBubo

OldMrBrennan83 wrote: »

They'll say it won't make it increase but it will increase. Have to tell them though.

A lot of insurance companies have a "No penalty points discount" meaning they will inadvertently charge if you have any.

wingnut

I think they have access to database to check your driver number against PP now.

ED E

RSA

10.Disclosure of Penalty Points
If you, or any driver whose driving is covered
by this policy, are convicted of any offence
under the Road Traffic Acts this is a material
fact and the following information must be
disclosed at the next renewal date of the
policy.
1. The type of offence(s)
2. The number of penalty points
imposed for the offence(s)
3. The date(s) of conviction(s)
4. The driver number, printed on the
driving licence, of the driver on
whom the penalty points have been
imposed

AIG

Material Facts
If the details upon which this
insurance was entered into
change you must advise us as
soon as reasonably possible.
These facts are shown in the
statement of insurance that
forms part of this policy.

Just two examples.
CHECK WITH YOUR INSURER.

_Brian

Insurance is a “contract of utmost good faith” meaning you need to notify them of anything that may be relevant to you and your insurance. Penalty points definitely count.

Avatar MIA

It may not be stipulated, but a key role of an insurance company is to use the letter of a contract to mitigate or remove their liability.

Henry Ford III

Avatar MIA wrote: »

It may not be stipulated, but a key role of an insurance company is to use the letter of a contract to mitigate or remove their liability.

Couldn't agree with that at all. Insurers aren't perfect by any means but an essential part of their remit is to pay claims in an effort to compensate genuine claimants.

TheChizler

ED E wrote: »

RSA


AIG



Just two examples.
CHECK WITH YOUR INSURER.

For RSA is that just in the case of a conviction, i.e. when you've received them through court? Would fixed charge offence ones apply?

Henry Ford III

TheChizler wrote: »

For RSA is that just in the case of a conviction, i.e. when you've received them through court? Would fixed charge offence ones apply?

You'd really need to ask them directly.

Tomhammer

I notice they can cancel a policy if you notify them about something and they don't like it

If you didn't notify them about 3 points and then had 6 you might be screwed if you rang them

Henry Ford III

Tomhammer wrote: »

I notice they can cancel a policy if you notify them about something and they don't like it

If you didn't notify them about 3 points and then had 6 you might be screwed if you rang them

Any insurer can cancel if there's blatant non disclosure.

Tomhammer

Henry Ford III wrote: »

Any insurer can cancel if there's blatant non disclosure.

What if you're late disclosing something, for example if you inadvertently leave it until renewal?

Henry Ford III

Tomhammer wrote: »

What if you're late disclosing something, for example if you inadvertently leave it until renewal?

That's a grey area. The answer is to make sure your nose is clean. If it goes wrong no insurer will want to know you.

Tomhammer

Henry Ford III wrote: »

That's a grey area. The answer is to make sure your nose is clean. If it goes wrong no insurer will want to know you.

That's what I figured , thanks

Avatar MIA

Henry Ford III wrote: »

Couldn't agree with that at all. Insurers aren't perfect by any means but an essential part of their remit is to pay claims in an effort to compensate genuine claimants.

okay. But, I don't think we're disagreeing. An insurance company, if worthwhile, will look at the fine print to see if they can reduce their liability. They'd not be doing their jobs if they didn't. They are not a charity.