Insurance renewal after a claim

[Gazdaman]

So anyone had a fault claim? How much did it affect your premium?

I had a fault claim (1 damaged car, 1 injured pillion) a couple of months ago, renewal is next month.

Are they gonna arse rape me? My premium was about £400 TPFT.

Gaz

[Rob W]

EDIT: Totally mis-read the thread, .
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[Whosthedaddy]

This will be me in a couple of months.

I claimed fault in a rear ender and lost 2 years NCB out of 7 to get the car done for free (minus excess), will be interesting what the premiums are

I think I'm going to have to bend over and spread them, although I've still got 5-6 years NCB they will have pleasure in offering me a higher premium as I am now a liablility in their eyes
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[iCraig]

Well mine was affected all that much, was still around the same as I paid the previous year.

Have you lost your NCB?

If so then it may affect it alot though.

[R1stu]

I had a claim in the car and it went from £350 to £550. then after a year of ncb Im paying £250 ish again!
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[strag]

had an incident in may. Very minor although they reckon about 1k of damage (yeah right) when my R&G clipped the bumper of a focus. I lost my NCB, insewrance for gsxr 1000 went up from £250 FC to £387 FC.
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carbon bling

[T1z3R]

this is interesting reading cos im wondering what my £360something TPFT for my CRM and YZF is going to increase to after my theft claim. i only have 2yrs NCB at the moment so expect to loose all of that or half at the least
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duck my sick!

[trevoriv]

I work in commercial insurance but i think private motor works on the same principle. One fault claim alone shouldn't load your premium but i will strip away 1 or 2 years ncb. Two fault claims in one insurance year will generally wipe all your ncb out even if you had say 9 years it would step back to 0 with most insurers, unless you have protected bonus that is.

Two fault claims would also load your premium as well as stripping your ncb discount. Also1 fault claim and 1 or 2 speeding convictions would put a load of say 25% on your premium depedant on the Insurer.

If your record is purely 1 fault claim and you were on 5 years ncb discount (normally a 60-70% discount) then id expect your bonus to be reduced to 3 or 4 years (45-60% discount roughly) at Renewal.

[Itchy]

the insurance companies are rubbing their hands with glee already and have a gentlemans (illegal) agreement so that they will not compete against each other (to force prices down) , and will all take turns ass raping you.
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[Mal]

[Gazdaman]

I rekon my claim will be into the thousands.

Probably only 2 or 3 though.

Gaz