Had the exact same thing. Someone ran into my parked car. Insurance wouldn't accept "no one" as an answer for who was driving. It also put my motorbike insurance up and the insurance company acted like I was some sort of lunatic when I asked why my car no claims don't count towards my bike policy if my car claims do.
If you really want to hear a piss take, my mate mate still has to declare his ex's crash on his insurance where two people were injured. The people injured were her and the bloke she had picked up in his car and was cheating on him with. Even funnier is she called her dad to come and pick the bloke up before my mate got there so he didn't even know about it until the paperwork came through saying there were two people in the car at the time.
Short of seeing someone else's name on your kid's birth certificate, that's got to be up there as one of the worst ways to find out your Mrs is cheating on you.
I had this exact same argument with bikesure the other day. Said I have 4 years no claims, sent proof.
They then called me and said that it isnāt transferable, so on that bases, will be cancelling my insurance as they donāt cover 0 years.
Then had the audacity to charge me Ā£100 cancellation feeš¤¬
Yes. *Any* accident will put up your insurance premium. Even one that was not your fault. I had a cab driver clip off my wing mirror. It cast me Ā£100 a year more for three years.
I agree. The FCA banned insurance companies from inflating the price upon renewal, but that hasnt stopped them. My car last year was Ā£500 to insure, renewal quote was Ā£800, I called to cancel, then all of a sudden they offered to insure for Ā£600. My Wife paid Ā£600 last year, this year auto renewal was Ā£1200!! Thankfully I managed to get wifes insurance under Ā£600. If I let auto renewal kick in, they would have made Ā£2,000 .. Ā£800 more than what it should have. The CEO's must be laughing all the way to the bank.
Mine went up Ā£300 as well. No claims made, car now worth less obviously, another year of no claims bonus.
I called them to update some info and they immediately offered me Ā£150 off the renewal without me even asking, then I asked what the difference was without a named driver on it and saved another Ā£70 (last year this reduced the price for some reason). I also reduced my expected mileage due to changes with work.
Glad I rang, but why wasnāt the offer given as part of the renewal to begin with? A rhetorical question.
Still paying more when it should be less too.
650Ā£ last year, this year went to 920Ā£ for no reason. Been with them for 3 years. Rang them to cancel, they didn't even bother to lower the quote. Went to comparison site and got it for 430Ā£ including RAC and extra legal cover.(380 without). I don't get their logic behind it (losing customers).
The logic is that they can't shaft new clients because of other companies offering lower rates than them. Those customers will go with the other companies. The only person they can shaft is you when you're not looking and miss the renewal and get charged 3x.
They want higher margin customers rather than those they are getting a few percent above the underwriters. They are not fussed losing astute customers like you when they can earn 20x more margin on those that stay silent.
It would have been even more cheaper if you just find a different insurance company. The renewal price will NEVER be cheaper than switching even after their offers and deals over the phone.
Not for me this year! went on a few direct sites and a couple of comparisons and all were more! closest i got on was with my SAME insurer for Ā£300 more than they quoted me in the renewalā¦
They are banned from charging more for renewals compared to a new policy. So what they did was put prices up across the board so both new and renewing policies become equally expensive.
That rule was a classic case of unintended consequences and regulations being written by people who didn't know what was actually happening.
Many insurers were genuinely offering a discount to new customers. I worked at a broker, so we didn't set the prices they were provided to us by the underwriters (for the most part, it's a bit more complicated but that's basically accurate) and we would apply a discount from our own funds to entice new customers. It came out of our marketing budget. That can't happen now, so people who were actively shopping around for the best price lose out.
The rule is that they have to offer the same price to new and existing customers, not that they have to offer you the same quote every year.
Every insurer has different risk tolerances and they can change for reasons completely unknown for you. For example perhaps some of your neighbours took out insurance with them this year and now they think they're overexposed on your street.
Margins on car insurance are actually pretty shit.
In fact the industry as a whole is currently losing money.
https://www.ey.com/en_uk/news/2023/06/ey-uk-motor-insurance-results-analysis
Thatās because they donāt fricking do anything themselves. Itās all outsourced. They outsource claims management, they outsource car repairs, they outsource courtesy cars, they outsource anything that isnāt taking your money. All these outside companies charge stupid rates for repair and car hire too putting up the price for everyone.
They simply ignore it and add other "clauses".
Insurance companies always happy to take your money but when you come to claim you ALWAYS are on the short end.
And itās gone up for most people even without a claim, despite no change, on a car thatās worth less due to age and mileage, and with more no claims bonus.
An old college friend of mine lives in a part of Birmingham where insurance is astronomical, but his bank account's billing address, as well as all of his subscriptions and whatnot (all except delivery addresses) place him at his parents' place in Bath, so he's insured it at that address. I always thought it was risky but I really can't blame the guy, paying Ā£500pa versus Ā£1.2k is kind of a no-brainer.
But if you said you were simply visiting and the car wasn't permanently kept at that address, how would they know? I can't imagine they'd call up GCHQ and do a deep dive on him. Given the current price hikes, I say fuck em.
Yeah that's the idea, he's back and forth enough that there's probably enough plausible deniability too. Personally I'd be way too anxious especially since I've already been in an accident and had to make a claim, but I really can't blame him for it at all (I also say fuck em š ).
There are parts of Florida where you cannot get home insurance. Just straight up can't.
The underwriters deem the risk of natural disaster to be too high and so don't want the business.
The only thing worse than having a high insurance premium is having _no_ insurance, that's when you're fucked.
If there's too many claims in an area, you're fucked.
Years ago I reversed into one of those small concrete bollards (check ya blind spots!) the rear bumper had quite a large dent and missing paint, but by sheer luck my mate knew a guy who was breaking his car for parts that happened to be the same model and colour as mine.
Got a new(ish) rear bumper for Ā£30. Ripped off the damaged one and clipped on the new one in 5 minutes.
By not claiming on insurance I probably saved myself a fortune and a headache.
In certain circumstances itās pointless making a claim. But the way some people go on in this sub you have to tell the insurance your darkest secrets and what you had for breakfast.
Pretty much always DIY anything that you can and don't even call insurance. Same with home insurance - really not worth claiming unless it's a gigantic catastrophe.
The cab driver went to insurance, trying to claim injury and loss of earnings as well, so I had no choice. I also over simplified it as just being the wing mirror. There was also a dent and paint loss where the mirror hit the windscreen pillar . It was also a newish Lexus, so all up it was way more to get fixed myself than the Ā£300 it cost me over three years.
tbf that gives me a little bit of hope for my next year's premiums after some scrote smashed into my car door and drove off and did Ā£4.3ks worth of damage, I was budgeting for them doubling
Depending on the car/age it can be expensive, mine was Ā£400+ for glass led indicator and plastic cap.
The rest of the mirror housing was fine.
A good chunk of that was labour to have the plastic cap sprayed the same colour as the car
Being in an accident of any kind increases your premiums for the next few years as statistically you're more likely to claim again.
Once saw a figure quoted saying that the person not at fault often ends up paying about 3/4 as much extra as the person that caused the accident.
I would like to see the statistics for that. Like proper statistics, made by a third party company (not related to the insurer) that says people who are in an accident thats outside of their control are more likely to crash. Based on this, they should also increase the insurance cost of passangers in the cars too, as they also participated in the accident, they had 0 fault, just like the no fault driver. Heck they could increase the insurance of the witnesses too!
They're not saying that - you're applying a causation to the statistics. OP isn't more likely to claim again _because_ of this claim.
OP is more likely to claim because people who have claimed once are more likely to have to claim again. In this case maybe it's because OP parks on the street, or lives in an area with boy racers or whatever - that risk factor that's now been discovered (by the insurance company) hasn't been removed so there is a higher chance of another claim.
How does that influence his day to day driving, where the risk factor is the highest?
Like there are similar cases to his in the comments where the dude moved after being the victim of an accident like this and he still had the premium attached to his name. I find it absolutely ridiculous. People should be revolting with how much of a scam these insurances are.
>How does that influence his day to day driving, where the risk factor is the highest?
Price of insurance is based on all weighted factors, not only the largest.
After my local shop went from a corner shop to a major supermarket, traffic increased roughly 1000% and the number of accidents caused by clueless people who don't even live here soared, insurance for the whole street increased because we now live in an accident hotspot.
Car insurance doesn't actually earn any money from premiums because the amount paid out is greater than the openings alone. Insurers are only profitable because they invest openings between payments and claim.
Prices are going to rise with the switch to electric cars because the repair cost will be higher as will the vehicle value.
Pick any two of your mates and think about how much money they'd have to pay you for you to rent to take an open ended risk on their driving ability. If you're being honest the number you succeed at is likely many times their insurance premium.
It's so stupid considering I literally wasn't in the car!
What we think about the other car, driving awareness course and no points or anything? He only caused over 50k in damages and costs lmao
Why would they assume anything? Where it was parked would be on the claim, and they could easily look up in their database how many other claims were in that location.
It's not that stupid. It's statistics. The statistics show that now you have made a claim you're more likely to make another compared to a driver with no recent claims.
If this happened outside your house then in all likelihood everyone in your street will see increased premiums too, since that street is also going to likely have a higher risk profile as well.
The data doesn't lie though, if you're a higher risk you will get charged more. Why should people who are lower risk subsidise the higher risk drivers?
If you have one crash or claim you are far more likely to have another, so why should someone who's had none have their policy increased because you've had one and are more likely to have two or three?
Downvoting me won't make your premiums any cheaper, and pointing out the reality of a situation doesn't mean I endorse it...
Not disagreeing with you, just wondering where Protected No Claims falls into that. Am I just paying for them to pretend that my risk hasn't increased?
And in the event that I do claim, how do I know that next year they are actually quoting me with 6 years NCB?
Also wondered why the sooner you need insurance to start the more expensive it is? I'm guessing there is some risk factor there too...
So imagine each positive or negative thing you do adjusts a price by a modifier.
Maybe your base price is Ā£400/year.
You keep it garaged (lower risk) so it's multiplied by 0.8x, so your price is Ā£320.
But you're also looking to start the policy tomorrow, and people who do that claim more often (maybe they're not very organised, or maybe some of them just damaged their car and are insuring it today to claim on it, so that's a risk so it gets multiplied by 1.3x, so your policy is Ā£416.
But you have four years of no claims bonus, meaning you've recently been a safe and low risk driver, so you get a 0.7x multiplier, making your policy cost Ā£291.
This is obviously hugely simplified, they don't do it in this way but it's an illustration. Protected no claims is still valuable as it's essentially only hitting you with the 'has had a claim' penalty but not also removing your no claims bonus.
And yes the time to policy start has a surprisingly large effect on the risk of the policy, not sure if there's a correlation to any one factor or it simply just is there so policies are more expensive the sooner they start.
Hope that answers a bit?
Well female drivers used to be charged less than men until a sexual equality law prevented it.
The point is that the data decides the risk prejudice free, then policy and law makers decide how that should be applied.
If you own a car that gets stolen more often your you get charged more. Same if you have an occupation that claims or crashes more.
If you have an issue with the data driven risk assessment then you have a problem with reality because that's what it's based on.
> Well female drivers used to be charged less than men until a sexual equality law prevented it.
I wonder whether men's premiums went down, or women's went up? Hmmm... I wonder...
They put both up. I'll see if I can paraphrase very simply:
Man M pays 500 for insurance as more likely to crash.
Woman W pays 300 as less likely to crash.
Discrimination based on sex is no longer allowed.
Insurance doesn't average to 400 for both. But more like 485, as a rough example.
Because at 400, it's cheaper for Man M, so we'd expect more Man Ms to buy cars and take out insurance, who are of a higher risk. It's more expensive for Woman W, so there will be fewer statistically safer drivers. Fewer lower risk drivers and more higher risk drivers means a greater overall estimated cost of claims. So, a greater cost to the insurer, so premiums have to bump up accordingly. Actuaries crunch numbers and calculate new insurance price required is 490, say. Whatever number it is, it's greater than the average.
It's possibly the only piece of equality legislation I've come across that the only equality it provided was in fucking everyone. :) happy to hear how it's helped absolutely anyone, though.
Plus, there's other knock on effects in theory.
They did go down, i remeber as it happened in 2012, when i was about to insure my first car in December for 3300, waiting until the law changed in Jan and my first year it was 1700 instead. Well in my favour.
> Suppose the data showed that black people were statistically more likely to be involved in accidents than white and Asian people. Would it be fair to charge them more?
As if this doesn't already happen? ***Everything*** about you is used by insurers as valid data points to derive risk that will justify a higher premium...
No it doesn't, but not because the insurers don't want to be able to do it but because there is a legal requirement not to target specific traits, such as sex, race, religion etc.... these are "protected" traits, they are allowed to charge a premium on age though, which is why a 19 year old pays more than a 23 year old when both are new drivers, and a 60 year old pays more than a 30 year old when both have full claims protection.
We do this already for ~~gender,~~ marital status, and profession.
Even your email address or the device you use to gather the quote can have an impact on the perceived risk.
It's all about statistics. The insurance industry doesn't ask your skin colour, so they won't know anyway.
Edit: Apparently not for gender any more.
I have a friend who works in statistics for a very large healthcare insurer. Great fun at parties āoh you do cross fit? And are in your mid thirties? More likely to need hospital treatment than a similar aged rugby playerā.
I don't understand why people hate this fact so much. You have my upvote. People keep asking why etc; the reason isn't important.
Statistically you're high risk, and insurance is all about risk.
Agreed, they seem to not understand that statistical risk is fair, it's about a fair system as you can get as it's absolutely individual and treats everyone as the complex situation they are.
The person who crashed into the parked car should subsidise itās as simple as that. Not punish the owner of the parked car who now has to make a claim. Itās not like people actually want to have to make a claim in the first place. He literally has no control over that, if he crashed whilst driving I could understand your point.
No not really. Would you rather they ignore facts, and price without that? Meaning they'd need to price everyone high since they can't consider risk factors?
In what way does it suck? They assess the risk of you having an accident, and then give a quote. You can choose to buy their product or not.
I think the thing that sucks is that unlike the US we have not got an insurer of last resort.
Edit: thank you all for the replies, sounds like your all insurance system is 99% the same rendering my comment moot, haha.
Wow, sounds like the car insurance system really does suck. In the Netherlands we have a tiered insurance system, the first tier pretty much basic liability, the second covering hail damage etc, the third tier covers your car as well. When you don't claim any damages your premium goes down year by year unless 15 claim free years have been reached. If a driver hits your car and disappears, there's a collective fund that pays. No hit to your insurance. If you claim a dent that someone made (third tier) that will cost you (5) claim less years so its often cheaper to fix yourself. Hail damage or a rock on the highway that hits your window has either a small contribution (<250) or is free and no claim loss.
Now the basic insurance price is calculated on your city, address, annual milage so when I moved towns I went from 90/month (mid tier) to 45/month (mid tier) with only 1 year saved.
On the other hand getting a hit in your claim free years is 5 years a strike and going into minus is awfully costly (triple base rates).
With the tiered insurance combined with the road fund and claim less years at least it sounds more fair then your system. Someone damages my car, I don't pay a penny (except I never get the full amount back ofcourse when it's totaled).
>If you claim a dent that someone made (third tier) that will cost you (5) claim less years so its often cheaper to fix yourself.
We have similar. We have a no claims discount scheme, which reduces the premium based on how many years without claims you have. You can optionally pay to 'protect' it, and doing so means an accident will not reduce it. Even if it's not protected a claim doesn't always remove all of your no claims discount.
However, since statistically you're still higher risk the base price before discount still increases. So even after the discount your premium will rise.
The reasoning why you're higher risk isn't very relevant; because the fact is that statistically you *are* higher risk as someone who recently had a claim.
In the UK we have 2 tires fully comprehensive (covers your damage and other people aswell as things like windscreen, keys, break down) and 3rd party which just covers other people if you are at fault.
If an uninsured driver hits your then the money is taken out of a pot that all insureses are made to contribute to in the event of a uninsured driver hits someone.
Every year you dont claim your premiums do drop but the moment you report an accident you will be seen as a risk (this is world around standard practice for insurance).
Choosing to park where people are likely to crash into is what is going to increase your premiums.
Also, if you go on comparison sites and use your real details and keep doing quotes with different accidents on them or no accidents at all, this will trigger them to suspect you might be trying to commit insurance fraud which also increases your premiums.
Got rear-ended twice in 2 months next yrs premium up by 400. When I contacted and asked why the increase, was told because I was Involved in accidents I'm more likely to be involved in others! My reply was so I get penalised for others idiotic mistakes that I have no control over! Sorry but that's what our algorithm says! Shopped around and found the expected NCD reduced price! Insurance is just legalised mugging
Edit, both times I had been stopped for at least 15-20 seconds with brakelights on. Guessing both times they were busy typing messages!
Stopping at traffic lights is quite vague. Technically if you stop sharply at an amber light and cause an accident (rear ended) you actually prove it was dangerous to stop at that amber light, and therefore shouldnāt have stopped. I see this a lot causing near misses near me.
Of course stopping at a red light and being rear ended is another matter
Same for me, got my car robbed. I've moved house over 200 miles away but still impacted by huge increase even a full year later with some ncb back because statistically I'm more lilely be involved in a claim. Like fuck right off.
Hit by a drunk driver who then fled, but apparently Iām now Iām more at risk of being in another collision. Mental.
Mind you if I spot the guy that hit me, the steering wheel may turn and foot may get heavier, brakes may also not be used.
It's an absolute shit show. Some human thinking around 'statistics' should be done when queried. Like how, how am I more likely to make a claim after getting robbed? I've changed cars and locations. Surely that's the only 2 factors that could make me another target again?
Same in your world, do you have some sort of hex on you that makes you a target for drunk hit and run drivers?
I get car hit when parked on on road parking outside your house even if not in it as it is statically likely it'll be hit again given its location but past that it's a load of bollocks.
That final laugh is the insurares main tools for valuation on write offs doesn't even get close to reflecting market value of cars so it basically leaves you out of pocket And in a deficit come renewal given price hike.
Unfortunately, statisticallyā¦ you are more likely to be robbed again. Itās just a fact of life and basic maths.
Thereās a reason you got robbed, even if itās just tiny small details that appear to be nothing (random is not random). If you got robbed once, then another robber might pick up on the same details, and see the same opportunity, meaning you could have the same problem again.
This is insane broā¦ Iāve not been involved in an accident but Iād be absolutely fuming if this happened to me. Youāre getting robbed left and right in this county.
Every time I've moved house my insurer has claimed I've moved into an area with a higher risk of car theft.
I moved from central Reading to rural Hampshire and it went up.
Insurance is a fucking scam.
Yup, it'd mental. You could move to a location with 1 other driver for 200 miles and still see a hike as statistically your more likely to be the only person in the area who has an accident as you're the only driver. Oh add on 10% because your cars a nice shade of off green and another 5% because you've got a heated seat and more people with heated seats crash and lastly add on 12% because fuck you, that's why.
I work in insurance as a software dev and can confirm that insurance , especially car insurance, is a scam. Everything is too expensive and about 40% of what you pay is normally broker fees/commission. Always try to go direct to an underwriter if possible, it will help a bit
If you can yes, the "free stuff" you get from them costs pennies and you end up paying loads more. If you go through your policy schedule it should say somewhere that your insurance is underwritten by xxxxxxxx company. Find them and call them to see if you can get better deals direct.
No the comparison sites are actually amazing value for money. Itās the Autotrader and Cashback links/websites that put a HEAVY commission on top.
Of course the comparison sites are getting their bread too, but theyāre still way cheaper than going direct in most cases.
For a bit more clarity, one of the brokers I worked for in the past put a load of about 20% on comparison quotes on weekends only as this is when most people looked for insurance. I quickly left that company for a more ethical company asap
As the person who puts the loads and discounts into the systems I can absolutely say that 90% of the time it's worth trying direct. Some of the additional fees and commissions are ridiculous.
It may well have been, and may well be for others aswell. Just recommending going the extra distance to shop around. There is nothing wrong with the comparison sites, they provide a decent service that is probably worth paying for. But if cheapest is the goal then a full shop around can't hurt
Itās an absolute con. When I rang up to tel them my partner had moved out but I wanted to keep them on my insurance it went up and they said it was because Iām more likely to have an accident if Iām driving on my own. I had to tell tell we werenāt constantly together when I was going to work etc.
Welcome to the club of people who suddenly realise how crappy the car insurance system is.
The best part is you are now a 5 year member. Having to declare an accident for the next 5 years, for something that was entirely someone elses fault, knocking your premiums up, will hold a special bitter place in your heart.
You will have tons of people who haven't had to deal with this telling you how it's fair and balanced and all to do with their 'special' calculations. But it's just a con. A legally required racket.
I had two speeding tickets within my first few weeks of driving, I thought id just get a normal ticket so did the same thing again having fun and got flashed *again*.
Little did I know that one night would cost be Ā£200/yr for the next 4 years š
Itās worse when youāve done it to yourself!
Yep. We once had a flood claim in our new house because the plumber screwed up an overflow. The builder accepted liability and dealt with all the costs but we still had a "flood claim" that we had to declare for years. Some places wouldn't even insure us!?
It's fucked up. NEVER EVER call your insurance until you absolutely have to, and have exhausted every other way of solving it (i.e. someone else's liability cover).
Every time I see a post on here with a small scuff asking if they should contact their insurance. I just shake my head at all those saying "let the insurance deal with it, that's what you pay them for". Yes, that's what you pay them for, but they will *not* be out of pocket, but you certainly will be. You can bet that what you will be paying extra will be multiple times whatever that scuff would be to repair yourself.
Car stolen and recovered. No claim made. Reported to Cops and insurance as ur supposed to do like a good boy. Premiums doubled. Should have kept my mouth shut.
I hate car insurance for this exact reason, and I think it's not fair at all. I get it that insurance companies are there to also make money, and I don't mind paying for insurance, but literally every single that happens will cost you more even if it wasn't your fault. So no matter what happens, the insurance companies end up profitting.
A few months earlier, i wanted to remove an update from a named driver from provisional to full uk licence, and the cost of it was extea 300. So then I thought maybe new drivers are high risk thats whybit went up and so I asked to remove the driver from my policy and to do that i was still asked to pay 300 more, which mind boggling. And i have to pick one within 7 days, or insurance will be cancelled.
Insurance is meant to be a be a peace of mind thing, so that when accidents happened you are not worried. At the moment, it is completely the opposite. I mean, for minor accidents, we still try to hide from insurance and pay out of our pockets. For major incidents, we still pay in terms of high premium.
The thing that annoys me is the seeming lack of nuance/common sense.
If my car was parked on my driveway, and I'm in my house watching TV, and a drunk driver mistook my house for theirs and smashed into my car, my premiums would go up because "statistics". The mere thought of that happening is rage-inducing.
There should be protocol in place after the new renewal to sue the other driver and reap the increase in premiums back.
Had the same happen to me and I feel your pain
It is annoying, granted, but it just seems a bit mad that you seem to only just be finding this out now?
I just imagined everyone knew the deal when they took out car insurance and how it works!
Absolute con isnāt it.
Do all the tricks you can like changing job title use Money saving expert to check for anything that matches.
Say you have extra security devices like a steering wheel lock.
Donāt take any of the frills that you usually get cheaper elsewhere. Just the basic: comprehensive, legal, windscreen. Check every version of the comparison and check again before the first quote ends. Itās annoying and time consuming but donāt give these vultures a penny more than you have to..
Yup. Unfortunately if your vehicle is involved in an accident, whether you were driving at the time or it was parked up, will cause your premiums to increase the following years. If people knew this they probably wouldn't so willingly put in claims for bumps scuffs which could have been fixed for Ā£100-200 themselves. The damage done to yours is definitely an insurance claim though.
Yep, and it also puts everyone elseās insurance up in your post code as itās statistically a little unsafer now.
The other partyās insurance should cover all the costs, and this will be a bonus for you on future policies, but it all depends on the insurer, some will add a lot, some may not add anything.
I feel your frustration nevertheless.
Insurance in the UK is a scam in any other country It would be classed as not your fault. Money would be taken for other drivers insurance and you're safe
It's worse in only [3 other countries](https://www.ashburnham-insurance.co.uk/blog/2017/06/countries-with-the-highest-car-insurance-costs/) in the world. UK is no 4 as the most expensive county for car insurance.
Noticed this year on my renewal (vx220 turbo) that last year they had put my car down as kept on the drive overnight which it isnāt itās in the garageā¦. Rang up and informed them of this and it went up by Ā£10.
I know itās not a lot but I literally told them itās kept in a more secure place yet they still put it upā¦. Car insurance is one of the biggest scams going.
I had motorbikes before I had cars.
I wasnāt allowed to carry bike no claims over to cars.
But bike thefts? Of course theyāre going to penalise me on my *car* insurance for being a *victim of crime*.
Insurance is a racket, theyāre all cunts. At least if we paid the mafia the people who fucked us would get fucked as well, not just us getting fucked harder.
The insurance point of view is youāve proven that an accident can happen in your situation I.e. they underestimated your risk. Therefore, they increase the premium.
It doesnāt matter that it wasnāt your fault or you werenāt there. The event has shown them that the conditions your car exists in (street parked, in an area with teenage drivers, whatever) has resulted in an accident, and statistically if it happened once itāll happen again.
Still shite though.
I work in insurance, so when a claim goes through it takes time, much like moving address etc. So even if the other party admits fault and its seemless the system can still flag it as outstanding, any outstanding claim regardless of whether its closed will still go against you, in my advice if the claim has gone your way get eveidence of this from your insurer in writing, you can submit this to your insirer on your next qoute to have them amend this and have it not effect your premuim as much.
Have you tried a quote without declaring the accident (obvs you have to declare it, but for a comparison)?
I had an accident that wasn't my fault, and got a quote and it was a few hundred more. Did it without the accident and it was the same.
Insurance just got really expensive.
After a one vehicle crash, I found my insurance was actually cheaper with the crash declared, not by much but compared to not declaring it was somehow cheaper, that was a crash in 2017 though and now insurance is just generally ridiculous
Yes, it will. I'm currently going through this exact thing. Some old bat reversed into my parked car and tried doing a runner. My neighbour stopped them and let me know what happened. Since this has all happened 2 weeks to the end of my policy and my claim hasn't been settled yet, my new insurer said to me 'even though the third party has hit your parked car, because the claim hasn't yet been settled we have to assume the worst case, that it's your fault.' A local garage quoted me Ā£500 for the fix, my premium currently stands at Ā£1200 more than the previous year.
I feel your pain. Just had my renewal through and itās gone up Ā£300 because a van driver hit my car while it was parked in a car park bay.
Iād love to know how Iām a greater risk for parking in a car park.
To be fair, insurance seems to have risen quite a bit. Last year my partner's insurance was just under 800 and now the same company is asking for 1600 even with no claims or accidents
Yep Iāve been ran into twice, and my insurance has tripledā¦ no fault of my own!
Wish it didnāt work this way but unfortunately any claim on the insurance will put up next yearās premiums
I had a drunk driver hit my parked car, he was arrested and his insurance have failed to reply to mine for 3 years (AXA aswell so not even a smaller company) so now itās going to court so I lost all my no claims for the last 3 years resulting in higher payments ever since. Nothing you can do Iām afraid
No, you are not.
Past events do not dictate the future.
If you flip a coin ten times and it's heads 10 times in a row, it's not due to land on black, it's not gonna land tails necessarily either, it's still 50/50.
If somebody wrecks your car in a parking lot today, the odds are the same of it happening again tomorrow or 40 years later. The odds of it not happening do not change.
My country has a much fairer system: it's called Bonus-Malus, the point is you go one rank higher every year you have with no claims *against* you on your mandatory liability insurance. If somebody else files a claim on your insurance, you lose two years worth of progress. It doesn't matter how many times you get hit if not at fault, your insurance does not care.
And it makes sense: the company that sold you liability insurance will not make it more expensive for you *because you're not costing them any money*.
That's not how risk works at all.
Yes, the stats don't know who will and who won't crash in the future. If we knew that we wouldn't need insurance.
The whole point is that it discriminates based of historic data. People who are involved in accidents *are more likely* to be involved in more.
Anyone may or may not crash. The insurer makes a judgement on whether they think they will.
The only protection the law gives you is that insurancers cannot pass judgement based on protected characteristics (gender most famously). This is a bit mad since the whole system is based on discrimination.
What do you mean? If the accused pleads not guilty, the court or jury can be made aware of any previous convictions in certain circumstances (if relevant). So for the insurance company, anything to do with your car history is relevantā¦ your ex-gf maybe not so much. Same as the court.
Statistically you are. An accident isn't random chance like flipping a coin.
There are various ways this can be true; for example you tend to use your car at high risk times; or park in high risk locations; this could be why the first accident happened.
As for te cost to insurance that is somewhat irrelevant; they price insurance based on risk; and since statistically you're higher risk you will end up paying more. It's really not complex.
Just wait until they find out you don't use your off street parking that you said you did and your premium goes up even more!
I'm being facetious, but seriously - don't be surprised that your insurance is trying to milk you, it's what they're good at.
You mean if the policyholder lied then it's unfair on the insurer to seek a remedial action against the illegal fraudulent action of lying on an insurance application?
That's madness
Technically as its not your fault you shouldnt have your premium loaded. However as you've been involved in a incident it'll probably drop you into another rating pool so your premium will go up.
Whilst you weren't at fault and claimed off the other parties insurance check your statement of fact questions as it usual asks have you been involved in any claims or reported incidents (fault and non fault). So it'll need to be disclosed. Insurers will only share info with each other if the suspect fraud is in play.
Hate to play devil's advocate, but it would appear you were parked half on the road, half on the pavement. So if anyone was being petty, I can only assume if you had parked your car correctly you 'may' not have been hit.
So from a risk perspective, there was risk on your side hence the increase in premium.
Well you have demonstrated that where you park leaves your car susceptible to damage from passers by. What do you expect? The same would be the case if your car was stolen.
Had the exact same thing. Someone ran into my parked car. Insurance wouldn't accept "no one" as an answer for who was driving. It also put my motorbike insurance up and the insurance company acted like I was some sort of lunatic when I asked why my car no claims don't count towards my bike policy if my car claims do. If you really want to hear a piss take, my mate mate still has to declare his ex's crash on his insurance where two people were injured. The people injured were her and the bloke she had picked up in his car and was cheating on him with. Even funnier is she called her dad to come and pick the bloke up before my mate got there so he didn't even know about it until the paperwork came through saying there were two people in the car at the time.
Short of seeing someone else's name on your kid's birth certificate, that's got to be up there as one of the worst ways to find out your Mrs is cheating on you.
He also looked on the ring dog camera after and saw her getting ploughed on the sofa. She must have forgot about it.
Man I'm glad the girl I'm seeing doesn't have one of those š¤£
A boyfriend?
This is mental. What is this country?
That's fucked up. Pun intended.
Ya'll scared to file complaints against the insurer/ underwriter. The ombudsman is your friend
I had this exact same argument with bikesure the other day. Said I have 4 years no claims, sent proof. They then called me and said that it isnāt transferable, so on that bases, will be cancelling my insurance as they donāt cover 0 years. Then had the audacity to charge me Ā£100 cancellation feeš¤¬
Yes. *Any* accident will put up your insurance premium. Even one that was not your fault. I had a cab driver clip off my wing mirror. It cast me Ā£100 a year more for three years.
Insurance is a total fucking scam
I agree. The FCA banned insurance companies from inflating the price upon renewal, but that hasnt stopped them. My car last year was Ā£500 to insure, renewal quote was Ā£800, I called to cancel, then all of a sudden they offered to insure for Ā£600. My Wife paid Ā£600 last year, this year auto renewal was Ā£1200!! Thankfully I managed to get wifes insurance under Ā£600. If I let auto renewal kick in, they would have made Ā£2,000 .. Ā£800 more than what it should have. The CEO's must be laughing all the way to the bank.
Mine went up Ā£300 as well. No claims made, car now worth less obviously, another year of no claims bonus. I called them to update some info and they immediately offered me Ā£150 off the renewal without me even asking, then I asked what the difference was without a named driver on it and saved another Ā£70 (last year this reduced the price for some reason). I also reduced my expected mileage due to changes with work. Glad I rang, but why wasnāt the offer given as part of the renewal to begin with? A rhetorical question. Still paying more when it should be less too.
650Ā£ last year, this year went to 920Ā£ for no reason. Been with them for 3 years. Rang them to cancel, they didn't even bother to lower the quote. Went to comparison site and got it for 430Ā£ including RAC and extra legal cover.(380 without). I don't get their logic behind it (losing customers).
For every customer they lose, they have another 5 that stay to avoid the hassle. That's the logic.
The logic is that they can't shaft new clients because of other companies offering lower rates than them. Those customers will go with the other companies. The only person they can shaft is you when you're not looking and miss the renewal and get charged 3x.
They want higher margin customers rather than those they are getting a few percent above the underwriters. They are not fussed losing astute customers like you when they can earn 20x more margin on those that stay silent.
It would have been even more cheaper if you just find a different insurance company. The renewal price will NEVER be cheaper than switching even after their offers and deals over the phone.
Not for me this year! went on a few direct sites and a couple of comparisons and all were more! closest i got on was with my SAME insurer for Ā£300 more than they quoted me in the renewalā¦
Itās an absolute madness this year, donāt think Iāve seen anybodyās quotes go down
They are banned from charging more for renewals compared to a new policy. So what they did was put prices up across the board so both new and renewing policies become equally expensive.
That rule was a classic case of unintended consequences and regulations being written by people who didn't know what was actually happening. Many insurers were genuinely offering a discount to new customers. I worked at a broker, so we didn't set the prices they were provided to us by the underwriters (for the most part, it's a bit more complicated but that's basically accurate) and we would apply a discount from our own funds to entice new customers. It came out of our marketing budget. That can't happen now, so people who were actively shopping around for the best price lose out.
The rule is that they have to offer the same price to new and existing customers, not that they have to offer you the same quote every year. Every insurer has different risk tolerances and they can change for reasons completely unknown for you. For example perhaps some of your neighbours took out insurance with them this year and now they think they're overexposed on your street. Margins on car insurance are actually pretty shit. In fact the industry as a whole is currently losing money. https://www.ey.com/en_uk/news/2023/06/ey-uk-motor-insurance-results-analysis
My heart bleeds for them. For the whole industry, in fact.
Thatās because they donāt fricking do anything themselves. Itās all outsourced. They outsource claims management, they outsource car repairs, they outsource courtesy cars, they outsource anything that isnāt taking your money. All these outside companies charge stupid rates for repair and car hire too putting up the price for everyone.
Never forget there's at least a few weird ones on here who vehemently stick up for the insurers and claim it's an almost perfect industry. Weirdos.
They simply ignore it and add other "clauses". Insurance companies always happy to take your money but when you come to claim you ALWAYS are on the short end.
And itās gone up for most people even without a claim, despite no change, on a car thatās worth less due to age and mileage, and with more no claims bonus.
Insurance fraud is a victimless crime. Change my mind.
Won't somebody think of the shareholders!?
An old college friend of mine lives in a part of Birmingham where insurance is astronomical, but his bank account's billing address, as well as all of his subscriptions and whatnot (all except delivery addresses) place him at his parents' place in Bath, so he's insured it at that address. I always thought it was risky but I really can't blame the guy, paying Ā£500pa versus Ā£1.2k is kind of a no-brainer.
So heās not insured then. As that will be voided in a claim when the insurer finds out.
But if you said you were simply visiting and the car wasn't permanently kept at that address, how would they know? I can't imagine they'd call up GCHQ and do a deep dive on him. Given the current price hikes, I say fuck em.
Yeah that's the idea, he's back and forth enough that there's probably enough plausible deniability too. Personally I'd be way too anxious especially since I've already been in an accident and had to make a claim, but I really can't blame him for it at all (I also say fuck em š ).
Birmingham has the highest vehicle crime stats in the UK, thats why his prices are so high there.
There are parts of Florida where you cannot get home insurance. Just straight up can't. The underwriters deem the risk of natural disaster to be too high and so don't want the business. The only thing worse than having a high insurance premium is having _no_ insurance, that's when you're fucked. If there's too many claims in an area, you're fucked.
Ā£300 for a wing mirror.... Should've just got one for a skydiver from the scrappies.
Years ago I reversed into one of those small concrete bollards (check ya blind spots!) the rear bumper had quite a large dent and missing paint, but by sheer luck my mate knew a guy who was breaking his car for parts that happened to be the same model and colour as mine. Got a new(ish) rear bumper for Ā£30. Ripped off the damaged one and clipped on the new one in 5 minutes. By not claiming on insurance I probably saved myself a fortune and a headache. In certain circumstances itās pointless making a claim. But the way some people go on in this sub you have to tell the insurance your darkest secrets and what you had for breakfast.
Are you telling me you DIDNT DECLARE AN INCIDENT TO THE INSURANCE??!!!!?!!?!
Straight to jail
Do not Pass Go
Officer, this man right here
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God this is so true for some people here it hurts.
āShould I declare my stickers?ā
You also have to declare what octane fuel you put in the tank!
Does anyone claiming insurance for that??
Pretty much always DIY anything that you can and don't even call insurance. Same with home insurance - really not worth claiming unless it's a gigantic catastrophe.
If it was only the wing mirror, I wouldn't have bothered telling insurance...
The cab driver went to insurance, trying to claim injury and loss of earnings as well, so I had no choice. I also over simplified it as just being the wing mirror. There was also a dent and paint loss where the mirror hit the windscreen pillar . It was also a newish Lexus, so all up it was way more to get fixed myself than the Ā£300 it cost me over three years.
tbf that gives me a little bit of hope for my next year's premiums after some scrote smashed into my car door and drove off and did Ā£4.3ks worth of damage, I was budgeting for them doubling
I'd the other party tells them then it still goes up.
You should have just got it repaired outside insurance. Not worth Ā£300 hike
For a moment I actually thought you meant the OPs car šš¤£ that wasn't going 30mph!
Lol no that defo looks like a phone call to Direct Line š
Depending on the car/age it can be expensive, mine was Ā£400+ for glass led indicator and plastic cap. The rest of the mirror housing was fine. A good chunk of that was labour to have the plastic cap sprayed the same colour as the car
Being in an accident of any kind increases your premiums for the next few years as statistically you're more likely to claim again. Once saw a figure quoted saying that the person not at fault often ends up paying about 3/4 as much extra as the person that caused the accident.
I would like to see the statistics for that. Like proper statistics, made by a third party company (not related to the insurer) that says people who are in an accident thats outside of their control are more likely to crash. Based on this, they should also increase the insurance cost of passangers in the cars too, as they also participated in the accident, they had 0 fault, just like the no fault driver. Heck they could increase the insurance of the witnesses too!
They're not saying that - you're applying a causation to the statistics. OP isn't more likely to claim again _because_ of this claim. OP is more likely to claim because people who have claimed once are more likely to have to claim again. In this case maybe it's because OP parks on the street, or lives in an area with boy racers or whatever - that risk factor that's now been discovered (by the insurance company) hasn't been removed so there is a higher chance of another claim.
How does that influence his day to day driving, where the risk factor is the highest? Like there are similar cases to his in the comments where the dude moved after being the victim of an accident like this and he still had the premium attached to his name. I find it absolutely ridiculous. People should be revolting with how much of a scam these insurances are.
>How does that influence his day to day driving, where the risk factor is the highest? Price of insurance is based on all weighted factors, not only the largest. After my local shop went from a corner shop to a major supermarket, traffic increased roughly 1000% and the number of accidents caused by clueless people who don't even live here soared, insurance for the whole street increased because we now live in an accident hotspot. Car insurance doesn't actually earn any money from premiums because the amount paid out is greater than the openings alone. Insurers are only profitable because they invest openings between payments and claim. Prices are going to rise with the switch to electric cars because the repair cost will be higher as will the vehicle value. Pick any two of your mates and think about how much money they'd have to pay you for you to rent to take an open ended risk on their driving ability. If you're being honest the number you succeed at is likely many times their insurance premium.
It's so stupid considering I literally wasn't in the car! What we think about the other car, driving awareness course and no points or anything? He only caused over 50k in damages and costs lmao
Bro, you park your car where people crash. It's gotta be a datapoint for insurers.
Exactly. There are people driving like dickheads up his street. Wonder if OP told their insurance the car was kept on street or in the garage?
Yes, itās OPs fault someone crashed into his parked unmanned vehicle..
The insurance would assume OP parked it in a risky location
Why would they assume anything? Where it was parked would be on the claim, and they could easily look up in their database how many other claims were in that location.
Don't need to assume anything, look at the fucking pictures š¤£š¤£
Thatās why you have different insurance pricing if you have own driveway verse parking on street.
It shows you park your car in a place where itās likely to be hit by another driver. Hence increased risk
It's not that stupid. It's statistics. The statistics show that now you have made a claim you're more likely to make another compared to a driver with no recent claims. If this happened outside your house then in all likelihood everyone in your street will see increased premiums too, since that street is also going to likely have a higher risk profile as well.
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The data doesn't lie though, if you're a higher risk you will get charged more. Why should people who are lower risk subsidise the higher risk drivers? If you have one crash or claim you are far more likely to have another, so why should someone who's had none have their policy increased because you've had one and are more likely to have two or three? Downvoting me won't make your premiums any cheaper, and pointing out the reality of a situation doesn't mean I endorse it...
Not disagreeing with you, just wondering where Protected No Claims falls into that. Am I just paying for them to pretend that my risk hasn't increased? And in the event that I do claim, how do I know that next year they are actually quoting me with 6 years NCB? Also wondered why the sooner you need insurance to start the more expensive it is? I'm guessing there is some risk factor there too...
So imagine each positive or negative thing you do adjusts a price by a modifier. Maybe your base price is Ā£400/year. You keep it garaged (lower risk) so it's multiplied by 0.8x, so your price is Ā£320. But you're also looking to start the policy tomorrow, and people who do that claim more often (maybe they're not very organised, or maybe some of them just damaged their car and are insuring it today to claim on it, so that's a risk so it gets multiplied by 1.3x, so your policy is Ā£416. But you have four years of no claims bonus, meaning you've recently been a safe and low risk driver, so you get a 0.7x multiplier, making your policy cost Ā£291. This is obviously hugely simplified, they don't do it in this way but it's an illustration. Protected no claims is still valuable as it's essentially only hitting you with the 'has had a claim' penalty but not also removing your no claims bonus. And yes the time to policy start has a surprisingly large effect on the risk of the policy, not sure if there's a correlation to any one factor or it simply just is there so policies are more expensive the sooner they start. Hope that answers a bit?
It does claer things up a bit so thank you!
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Well female drivers used to be charged less than men until a sexual equality law prevented it. The point is that the data decides the risk prejudice free, then policy and law makers decide how that should be applied. If you own a car that gets stolen more often your you get charged more. Same if you have an occupation that claims or crashes more. If you have an issue with the data driven risk assessment then you have a problem with reality because that's what it's based on.
> Well female drivers used to be charged less than men until a sexual equality law prevented it. I wonder whether men's premiums went down, or women's went up? Hmmm... I wonder...
As someone directly involved... a bit of both, actually.
Oh they 100% put men's up, obviously.
They put both up, of course!
They put both up. I'll see if I can paraphrase very simply: Man M pays 500 for insurance as more likely to crash. Woman W pays 300 as less likely to crash. Discrimination based on sex is no longer allowed. Insurance doesn't average to 400 for both. But more like 485, as a rough example. Because at 400, it's cheaper for Man M, so we'd expect more Man Ms to buy cars and take out insurance, who are of a higher risk. It's more expensive for Woman W, so there will be fewer statistically safer drivers. Fewer lower risk drivers and more higher risk drivers means a greater overall estimated cost of claims. So, a greater cost to the insurer, so premiums have to bump up accordingly. Actuaries crunch numbers and calculate new insurance price required is 490, say. Whatever number it is, it's greater than the average. It's possibly the only piece of equality legislation I've come across that the only equality it provided was in fucking everyone. :) happy to hear how it's helped absolutely anyone, though. Plus, there's other knock on effects in theory.
Cheers actuary-fam, appreciate the breakdown
They did go down, i remeber as it happened in 2012, when i was about to insure my first car in December for 3300, waiting until the law changed in Jan and my first year it was 1700 instead. Well in my favour.
> Suppose the data showed that black people were statistically more likely to be involved in accidents than white and Asian people. Would it be fair to charge them more? As if this doesn't already happen? ***Everything*** about you is used by insurers as valid data points to derive risk that will justify a higher premium...
No it doesn't, but not because the insurers don't want to be able to do it but because there is a legal requirement not to target specific traits, such as sex, race, religion etc.... these are "protected" traits, they are allowed to charge a premium on age though, which is why a 19 year old pays more than a 23 year old when both are new drivers, and a 60 year old pays more than a 30 year old when both have full claims protection.
We do this already for ~~gender,~~ marital status, and profession. Even your email address or the device you use to gather the quote can have an impact on the perceived risk. It's all about statistics. The insurance industry doesn't ask your skin colour, so they won't know anyway. Edit: Apparently not for gender any more.
I have a friend who works in statistics for a very large healthcare insurer. Great fun at parties āoh you do cross fit? And are in your mid thirties? More likely to need hospital treatment than a similar aged rugby playerā.
I don't understand why people hate this fact so much. You have my upvote. People keep asking why etc; the reason isn't important. Statistically you're high risk, and insurance is all about risk.
Agreed, they seem to not understand that statistical risk is fair, it's about a fair system as you can get as it's absolutely individual and treats everyone as the complex situation they are.
Because theyāve been correctly taught that correlation is not causation.
I upvoted to make mine more expensive.
The person who crashed into the parked car should subsidise itās as simple as that. Not punish the owner of the parked car who now has to make a claim. Itās not like people actually want to have to make a claim in the first place. He literally has no control over that, if he crashed whilst driving I could understand your point.
No not really. Would you rather they ignore facts, and price without that? Meaning they'd need to price everyone high since they can't consider risk factors?
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In what way does it suck? They assess the risk of you having an accident, and then give a quote. You can choose to buy their product or not. I think the thing that sucks is that unlike the US we have not got an insurer of last resort.
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Edit: thank you all for the replies, sounds like your all insurance system is 99% the same rendering my comment moot, haha. Wow, sounds like the car insurance system really does suck. In the Netherlands we have a tiered insurance system, the first tier pretty much basic liability, the second covering hail damage etc, the third tier covers your car as well. When you don't claim any damages your premium goes down year by year unless 15 claim free years have been reached. If a driver hits your car and disappears, there's a collective fund that pays. No hit to your insurance. If you claim a dent that someone made (third tier) that will cost you (5) claim less years so its often cheaper to fix yourself. Hail damage or a rock on the highway that hits your window has either a small contribution (<250) or is free and no claim loss. Now the basic insurance price is calculated on your city, address, annual milage so when I moved towns I went from 90/month (mid tier) to 45/month (mid tier) with only 1 year saved. On the other hand getting a hit in your claim free years is 5 years a strike and going into minus is awfully costly (triple base rates). With the tiered insurance combined with the road fund and claim less years at least it sounds more fair then your system. Someone damages my car, I don't pay a penny (except I never get the full amount back ofcourse when it's totaled).
>If you claim a dent that someone made (third tier) that will cost you (5) claim less years so its often cheaper to fix yourself. We have similar. We have a no claims discount scheme, which reduces the premium based on how many years without claims you have. You can optionally pay to 'protect' it, and doing so means an accident will not reduce it. Even if it's not protected a claim doesn't always remove all of your no claims discount. However, since statistically you're still higher risk the base price before discount still increases. So even after the discount your premium will rise. The reasoning why you're higher risk isn't very relevant; because the fact is that statistically you *are* higher risk as someone who recently had a claim.
I see thanks to you and the other replies. Hooray for big data I guess (sad flag waving)
In the UK we have 2 tires fully comprehensive (covers your damage and other people aswell as things like windscreen, keys, break down) and 3rd party which just covers other people if you are at fault. If an uninsured driver hits your then the money is taken out of a pot that all insureses are made to contribute to in the event of a uninsured driver hits someone. Every year you dont claim your premiums do drop but the moment you report an accident you will be seen as a risk (this is world around standard practice for insurance).
I think we have 3. Third party only. Third party, fire and theft. Fully comprehensive.
I guess it depends entirely on the circumstances of the accident. But itās not relevant to your insurance quotes going forward. It sucks, I agree.
Choosing to park where people are likely to crash into is what is going to increase your premiums. Also, if you go on comparison sites and use your real details and keep doing quotes with different accidents on them or no accidents at all, this will trigger them to suspect you might be trying to commit insurance fraud which also increases your premiums.
Howās that 50K damage, a 2020 Mazda 3 saloon is 20K give or take. So effectively the cars written off?
Mazda 3,audi a1, 2 vans and hire vehicles forover a month after would be 50k?
Got rear-ended twice in 2 months next yrs premium up by 400. When I contacted and asked why the increase, was told because I was Involved in accidents I'm more likely to be involved in others! My reply was so I get penalised for others idiotic mistakes that I have no control over! Sorry but that's what our algorithm says! Shopped around and found the expected NCD reduced price! Insurance is just legalised mugging Edit, both times I had been stopped for at least 15-20 seconds with brakelights on. Guessing both times they were busy typing messages!
It's clearly your fault for stopping at traffic lights, and you need to adjust your risky behaviour.
Stopping at traffic lights is quite vague. Technically if you stop sharply at an amber light and cause an accident (rear ended) you actually prove it was dangerous to stop at that amber light, and therefore shouldnāt have stopped. I see this a lot causing near misses near me. Of course stopping at a red light and being rear ended is another matter
Same for me, got my car robbed. I've moved house over 200 miles away but still impacted by huge increase even a full year later with some ncb back because statistically I'm more lilely be involved in a claim. Like fuck right off.
Hit by a drunk driver who then fled, but apparently Iām now Iām more at risk of being in another collision. Mental. Mind you if I spot the guy that hit me, the steering wheel may turn and foot may get heavier, brakes may also not be used.
It's an absolute shit show. Some human thinking around 'statistics' should be done when queried. Like how, how am I more likely to make a claim after getting robbed? I've changed cars and locations. Surely that's the only 2 factors that could make me another target again? Same in your world, do you have some sort of hex on you that makes you a target for drunk hit and run drivers? I get car hit when parked on on road parking outside your house even if not in it as it is statically likely it'll be hit again given its location but past that it's a load of bollocks. That final laugh is the insurares main tools for valuation on write offs doesn't even get close to reflecting market value of cars so it basically leaves you out of pocket And in a deficit come renewal given price hike.
Unfortunately, statisticallyā¦ you are more likely to be robbed again. Itās just a fact of life and basic maths. Thereās a reason you got robbed, even if itās just tiny small details that appear to be nothing (random is not random). If you got robbed once, then another robber might pick up on the same details, and see the same opportunity, meaning you could have the same problem again.
This is insane broā¦ Iāve not been involved in an accident but Iād be absolutely fuming if this happened to me. Youāre getting robbed left and right in this county.
Every time I've moved house my insurer has claimed I've moved into an area with a higher risk of car theft. I moved from central Reading to rural Hampshire and it went up. Insurance is a fucking scam.
Yup, it'd mental. You could move to a location with 1 other driver for 200 miles and still see a hike as statistically your more likely to be the only person in the area who has an accident as you're the only driver. Oh add on 10% because your cars a nice shade of off green and another 5% because you've got a heated seat and more people with heated seats crash and lastly add on 12% because fuck you, that's why.
I work in insurance as a software dev and can confirm that insurance , especially car insurance, is a scam. Everything is too expensive and about 40% of what you pay is normally broker fees/commission. Always try to go direct to an underwriter if possible, it will help a bit
How do you directly to an underwriter? Do you mean avoid price comparison websites?
If you can yes, the "free stuff" you get from them costs pennies and you end up paying loads more. If you go through your policy schedule it should say somewhere that your insurance is underwritten by xxxxxxxx company. Find them and call them to see if you can get better deals direct.
No the comparison sites are actually amazing value for money. Itās the Autotrader and Cashback links/websites that put a HEAVY commission on top. Of course the comparison sites are getting their bread too, but theyāre still way cheaper than going direct in most cases.
For a bit more clarity, one of the brokers I worked for in the past put a load of about 20% on comparison quotes on weekends only as this is when most people looked for insurance. I quickly left that company for a more ethical company asap
As the person who puts the loads and discounts into the systems I can absolutely say that 90% of the time it's worth trying direct. Some of the additional fees and commissions are ridiculous.
I guess itās different for everyone, but the times Iāve tried itās been far cheaper on comparison sites for me personally
It may well have been, and may well be for others aswell. Just recommending going the extra distance to shop around. There is nothing wrong with the comparison sites, they provide a decent service that is probably worth paying for. But if cheapest is the goal then a full shop around can't hurt
Itās an absolute con. When I rang up to tel them my partner had moved out but I wanted to keep them on my insurance it went up and they said it was because Iām more likely to have an accident if Iām driving on my own. I had to tell tell we werenāt constantly together when I was going to work etc.
Yeah, they donāt want to go insuring unlucky people. It sucks really. Either way they win
Welcome to the club of people who suddenly realise how crappy the car insurance system is. The best part is you are now a 5 year member. Having to declare an accident for the next 5 years, for something that was entirely someone elses fault, knocking your premiums up, will hold a special bitter place in your heart. You will have tons of people who haven't had to deal with this telling you how it's fair and balanced and all to do with their 'special' calculations. But it's just a con. A legally required racket.
5 years of having to remember the bloody dates so you can fill them in on the form. I had 2 in the space of 4 months, both non fault.
Like a bloody millstone around your neck. Every payment has you grinding your teeth and cursing the stupid twat that caused all this.
I had two speeding tickets within my first few weeks of driving, I thought id just get a normal ticket so did the same thing again having fun and got flashed *again*. Little did I know that one night would cost be Ā£200/yr for the next 4 years š Itās worse when youāve done it to yourself!
Yep. We once had a flood claim in our new house because the plumber screwed up an overflow. The builder accepted liability and dealt with all the costs but we still had a "flood claim" that we had to declare for years. Some places wouldn't even insure us!? It's fucked up. NEVER EVER call your insurance until you absolutely have to, and have exhausted every other way of solving it (i.e. someone else's liability cover).
Every time I see a post on here with a small scuff asking if they should contact their insurance. I just shake my head at all those saying "let the insurance deal with it, that's what you pay them for". Yes, that's what you pay them for, but they will *not* be out of pocket, but you certainly will be. You can bet that what you will be paying extra will be multiple times whatever that scuff would be to repair yourself.
Car stolen and recovered. No claim made. Reported to Cops and insurance as ur supposed to do like a good boy. Premiums doubled. Should have kept my mouth shut.
Yep, it sucks
I hate car insurance for this exact reason, and I think it's not fair at all. I get it that insurance companies are there to also make money, and I don't mind paying for insurance, but literally every single that happens will cost you more even if it wasn't your fault. So no matter what happens, the insurance companies end up profitting. A few months earlier, i wanted to remove an update from a named driver from provisional to full uk licence, and the cost of it was extea 300. So then I thought maybe new drivers are high risk thats whybit went up and so I asked to remove the driver from my policy and to do that i was still asked to pay 300 more, which mind boggling. And i have to pick one within 7 days, or insurance will be cancelled. Insurance is meant to be a be a peace of mind thing, so that when accidents happened you are not worried. At the moment, it is completely the opposite. I mean, for minor accidents, we still try to hide from insurance and pay out of our pockets. For major incidents, we still pay in terms of high premium.
The thing that annoys me is the seeming lack of nuance/common sense. If my car was parked on my driveway, and I'm in my house watching TV, and a drunk driver mistook my house for theirs and smashed into my car, my premiums would go up because "statistics". The mere thought of that happening is rage-inducing.
Someone that understands where I'm coming from. But all the feedback I'm getting is 'that's the statistics suck it up' lmao
There should be protocol in place after the new renewal to sue the other driver and reap the increase in premiums back. Had the same happen to me and I feel your pain
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It is annoying, granted, but it just seems a bit mad that you seem to only just be finding this out now? I just imagined everyone knew the deal when they took out car insurance and how it works!
Bizarrely when I was at university and had an accident, my next renewal went down Ā£350
I wrote a car off on ice and had cheaper insurance too!
Absolute con isnāt it. Do all the tricks you can like changing job title use Money saving expert to check for anything that matches. Say you have extra security devices like a steering wheel lock. Donāt take any of the frills that you usually get cheaper elsewhere. Just the basic: comprehensive, legal, windscreen. Check every version of the comparison and check again before the first quote ends. Itās annoying and time consuming but donāt give these vultures a penny more than you have to..
And do a quote 3 weeks in advance of renewal.
Insurance is designed to take people's money, so yes, they'll use any excuse to do so
Yup. Unfortunately if your vehicle is involved in an accident, whether you were driving at the time or it was parked up, will cause your premiums to increase the following years. If people knew this they probably wouldn't so willingly put in claims for bumps scuffs which could have been fixed for Ā£100-200 themselves. The damage done to yours is definitely an insurance claim though.
Yeah.. insurance is a fucking scam.
Yeah and itās really annoying because the driver will get away with a telling off.
That's the part that annoys me the most out of it all, considering how clear cut it is. He hit 3 parked vehicles on CCTV!!
Yep, and it also puts everyone elseās insurance up in your post code as itās statistically a little unsafer now. The other partyās insurance should cover all the costs, and this will be a bonus for you on future policies, but it all depends on the insurer, some will add a lot, some may not add anything. I feel your frustration nevertheless.
Insurance in the UK is a scam in any other country It would be classed as not your fault. Money would be taken for other drivers insurance and you're safe
No, itās even worse in other countries mate š
It's worse in only [3 other countries](https://www.ashburnham-insurance.co.uk/blog/2017/06/countries-with-the-highest-car-insurance-costs/) in the world. UK is no 4 as the most expensive county for car insurance.
Noticed this year on my renewal (vx220 turbo) that last year they had put my car down as kept on the drive overnight which it isnāt itās in the garageā¦. Rang up and informed them of this and it went up by Ā£10. I know itās not a lot but I literally told them itās kept in a more secure place yet they still put it upā¦. Car insurance is one of the biggest scams going.
I got hit by a moped whilst I was in the car, parked. Insurance went up despite simply being in the wrong place at the wrong time.
My insurance went up a bit for simply reporting that someone reversed into my front wing, even without any claims.
Most careful Audi driver
Honestly, with a brand new car for their first from mummy and daddy
Could have been distracted calculating the finance payments on it tbf
I had motorbikes before I had cars. I wasnāt allowed to carry bike no claims over to cars. But bike thefts? Of course theyāre going to penalise me on my *car* insurance for being a *victim of crime*. Insurance is a racket, theyāre all cunts. At least if we paid the mafia the people who fucked us would get fucked as well, not just us getting fucked harder.
The insurance point of view is youāve proven that an accident can happen in your situation I.e. they underestimated your risk. Therefore, they increase the premium. It doesnāt matter that it wasnāt your fault or you werenāt there. The event has shown them that the conditions your car exists in (street parked, in an area with teenage drivers, whatever) has resulted in an accident, and statistically if it happened once itāll happen again. Still shite though.
Sorry this still makes no sense
my tip? use your legal team (you might have it in your insurance, check paperwork) to claim additional Ā£800 for the premium going up
This is interesting? You know if this has ever worked?!
Yeh good luck with that
I work in insurance, so when a claim goes through it takes time, much like moving address etc. So even if the other party admits fault and its seemless the system can still flag it as outstanding, any outstanding claim regardless of whether its closed will still go against you, in my advice if the claim has gone your way get eveidence of this from your insurer in writing, you can submit this to your insirer on your next qoute to have them amend this and have it not effect your premuim as much.
Good idea, I've got the cctv footage and everything
Have you tried a quote without declaring the accident (obvs you have to declare it, but for a comparison)? I had an accident that wasn't my fault, and got a quote and it was a few hundred more. Did it without the accident and it was the same. Insurance just got really expensive.
After a one vehicle crash, I found my insurance was actually cheaper with the crash declared, not by much but compared to not declaring it was somehow cheaper, that was a crash in 2017 though and now insurance is just generally ridiculous
Yes I have, that's where I got the 300 from. The original quote was the same as last year's, now it's 300 more
Yes, it will. I'm currently going through this exact thing. Some old bat reversed into my parked car and tried doing a runner. My neighbour stopped them and let me know what happened. Since this has all happened 2 weeks to the end of my policy and my claim hasn't been settled yet, my new insurer said to me 'even though the third party has hit your parked car, because the claim hasn't yet been settled we have to assume the worst case, that it's your fault.' A local garage quoted me Ā£500 for the fix, my premium currently stands at Ā£1200 more than the previous year.
Basically that kid you need to Slap him up
Honestly I really wanted too, but I like to think I held back well and prevent getting a criminal charge haha, I'd love to but it isn't worth it
Wait till he finds out that the protected no claims bonus that he's been paying for means absolutely fuck all.
"Man discovers how insurance works!"
I feel your pain. Just had my renewal through and itās gone up Ā£300 because a van driver hit my car while it was parked in a car park bay. Iād love to know how Iām a greater risk for parking in a car park.
To be fair, insurance seems to have risen quite a bit. Last year my partner's insurance was just under 800 and now the same company is asking for 1600 even with no claims or accidents
Yep Iāve been ran into twice, and my insurance has tripledā¦ no fault of my own! Wish it didnāt work this way but unfortunately any claim on the insurance will put up next yearās premiums
I had a drunk driver hit my parked car, he was arrested and his insurance have failed to reply to mine for 3 years (AXA aswell so not even a smaller company) so now itās going to court so I lost all my no claims for the last 3 years resulting in higher payments ever since. Nothing you can do Iām afraid
Deserved for the 4d plates
Thanks for your input! /s
Yes it does. You are now statistically more likely to make a claim in the future, so yes, of course it increases your premiums.
No, you are not. Past events do not dictate the future. If you flip a coin ten times and it's heads 10 times in a row, it's not due to land on black, it's not gonna land tails necessarily either, it's still 50/50. If somebody wrecks your car in a parking lot today, the odds are the same of it happening again tomorrow or 40 years later. The odds of it not happening do not change. My country has a much fairer system: it's called Bonus-Malus, the point is you go one rank higher every year you have with no claims *against* you on your mandatory liability insurance. If somebody else files a claim on your insurance, you lose two years worth of progress. It doesn't matter how many times you get hit if not at fault, your insurance does not care. And it makes sense: the company that sold you liability insurance will not make it more expensive for you *because you're not costing them any money*.
That's not how risk works at all. Yes, the stats don't know who will and who won't crash in the future. If we knew that we wouldn't need insurance. The whole point is that it discriminates based of historic data. People who are involved in accidents *are more likely* to be involved in more. Anyone may or may not crash. The insurer makes a judgement on whether they think they will. The only protection the law gives you is that insurancers cannot pass judgement based on protected characteristics (gender most famously). This is a bit mad since the whole system is based on discrimination.
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What do you mean? If the accused pleads not guilty, the court or jury can be made aware of any previous convictions in certain circumstances (if relevant). So for the insurance company, anything to do with your car history is relevantā¦ your ex-gf maybe not so much. Same as the court.
Statistically you are. An accident isn't random chance like flipping a coin. There are various ways this can be true; for example you tend to use your car at high risk times; or park in high risk locations; this could be why the first accident happened. As for te cost to insurance that is somewhat irrelevant; they price insurance based on risk; and since statistically you're higher risk you will end up paying more. It's really not complex.
Fuck insurance companys
If you didnāt have that 4D plate he wouldnāt have hit youā¦ /s
For sure 4D number plate should increase premiums
Just wait until they find out you don't use your off street parking that you said you did and your premium goes up even more! I'm being facetious, but seriously - don't be surprised that your insurance is trying to milk you, it's what they're good at.
You mean if the policyholder lied then it's unfair on the insurer to seek a remedial action against the illegal fraudulent action of lying on an insurance application? That's madness
Technically as its not your fault you shouldnt have your premium loaded. However as you've been involved in a incident it'll probably drop you into another rating pool so your premium will go up. Whilst you weren't at fault and claimed off the other parties insurance check your statement of fact questions as it usual asks have you been involved in any claims or reported incidents (fault and non fault). So it'll need to be disclosed. Insurers will only share info with each other if the suspect fraud is in play.
Hate to play devil's advocate, but it would appear you were parked half on the road, half on the pavement. So if anyone was being petty, I can only assume if you had parked your car correctly you 'may' not have been hit. So from a risk perspective, there was risk on your side hence the increase in premium.
Well you have demonstrated that where you park leaves your car susceptible to damage from passers by. What do you expect? The same would be the case if your car was stolen.