Points v Insurance Renewal

[Piercee100]

Got a lovely letter in the post today. Apparently I ran a red light in Lewisham and have been asked to confirm it was me at the wheel. Sadly my tacho and tracker on the lorry say's it was although I have no knowledge at all.

Also just had my Insurance renewal through and its due to start on the 16th of this month. Guess I'm looking at 3 points and a fine. At what point do I let my insurance company know the good news?
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Rides: Honda H100a (Retired), VT500e (Sold), Kawasaki ZX400 (sold), Kawasaki GT550 (Sold), Suzuki Inazuma (Daily), Honda CD185t (Broken), LML Star 2t (Last run edition).

[Freddyfruitba...]

[SuperMike]

I work at the hospital and had a lucky escape outside with one of their red light cameras - flashed me going through but I didn't get anything in the post. Anyway, as I understand it you only need to tell the insurers of anything that has changed since your last renewal. So, renew your insurance and then let the know in a years time would be my advice.

[TheArchitect]

Agree with above. Renew as if nothing has happened as you've not yet been convicted.

Also unless you already have points on your licence 3 points alone really won't make much of a difference. For me it had zero impact on car or bike premium and the brokers I spoke to told me with or without 3 points their quotes remain the same.
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GSXR 600 K6 - Stolen
GSXR 600 K6 - Stolen
MT09 - Almost stolen

[Dave70]

I got 4 points for speeding once. I informed my insurance company as soon as I received my conviction.

My insurance only went up by ten quid at the next renewal date. I can't say that other insurers will be quite so forgiving though.
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There ain't no devil, there's just god when he's drunk.

2012: R125 killed by white van. 2016 R125 killed by 30,000 miles of redline. Current: 2016 Kawasaki ER6f.

[Jewlio Rides Again LLB]

[M.C]

Poor obs I believe insurers are only interested at renewal time. Having 3 points would have made a difference for me, about £400 more for car insurance Also it seemed to scare off some of the black box providers (not that I'd want one), which might be important for some people.

[BumpingUglys]

I'm no arry, but it's my understanding that an undeclared conviction would give adequate grounds for the insurance company to void the policy in the event of an accident, or a pull, or even if they just got wind of it.

I suspect the fact that it's only 3 points would mean little to the insurance when a payout is in the offing, regardless of the date of renewal/date of conviction; and imagine they would take the stance of "retaining a policy through fraudulent means". Remember, the policy is based upon a clean licence (or previously declared points).

If this was a domestic policy I'd be very wary of not declaring. For a commercial policy I think you'd be crazy not to.
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Ducati M695

[arry]

Read your statement of fact disclosures. What is the direct question asked? Has it been asked clearly, is it fair, is it not misleading?

[arry]

[Freddyfruitba...]

Musing further on this... imagine a rider/driver gets convicted of, oh I dunno, the worst possible offence you can be done for without actually getting a ban, a few days after renewing his policy with a clean licence. He decides he doesn't need to declare it to his insurers until next renewal, in 11 months time.

A few months later he causes a major pile-up on the M25, ie with 100% undisputed liability. He manages to wipe out several high-earning breadwinners and potatoes a couple of kids for good measure.

I think most people would agree that the insurer would kick off big time, and I suspect they'd be highly likely to avoid paying out the resulting massive claim?

If so, then surely there's no fundamental difference between this scenario and the OP's, if the insurers are looking to avoid paying out on a claim a few months down the line?

As has been said, it's all in the T&C's though.
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KC100->CB100N->CB250RS--------->DL650AL2->R1200RS->R1250RS

[Piercee100]

Thanks peeps, I'll let my insurance know once I have sorted the conviction to be on the safe side. Hopefully this will be after the 16th when my new policy starts.

Do different convictions change how it affects insurance? I got 3 points for being on my phone about 8yrs ago and remember my car insuranace doubling - was paying £800 for a 1.3 Meastro gulp!

Can't really imagine myself jumping a red light light but wonder if the front of my lorry was through the lights and the back not? Love london traffic lol.
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Rides: Honda H100a (Retired), VT500e (Sold), Kawasaki ZX400 (sold), Kawasaki GT550 (Sold), Suzuki Inazuma (Daily), Honda CD185t (Broken), LML Star 2t (Last run edition).

[arry]