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Very much the same in the UK as well. Most folk will try to avoid going through insurance. I'd rather be out of pocket for a few hundred £ than pay extra on ins
by pmx 11y ago
Very much the same in the UK as well. Most folk will try to avoid going through insurance. I'd rather be out of pocket for a few hundred £ than pay extra on insurance for the next few years.
- DanBC 11y agoNot reporting a crash to your insurance company is a bad idea - especially if you do it with the intention of reducing your insurance bill. It means you are currently underinsured and maybe committing fraud.
- sdoering 11y agoCould you please provide legislation for that? I would not believe, that you would commit fraud when not reporting an accident and paying for repair yourself. At least not in Germany, where I am from.
- deleted 11y ago[deleted]
- DanBC 11y agohttp://www.which.co.uk/consumer-rights/problem/ive-been-in-a-car-accident-do-i-have-to-claim-on-my-insurance http://www.which.co.uk/consumer-rights/problem/ive-been-in-a... It's part of almost every insurer's terms and conditions. They use your driving history to set your premiums. Thus they want to know every accident you've been in because that affects how much they charge you - it affects how risky you are. If you know you've had an accident, and they ask you to report all accidents, and you do not report an accident with the intent to keep your premiums down you've possibly committed fraud.
- ghaff 11y agoI have absolutely never heard of such a thing in the US and I've been driving for a long time. I mean, people get little dings and whatnot in parking lots or wherever all the time--which they may or may not do something about at some point. I've never heard of sending a letter to the insurance company in the absence of a claim. I'm not saying there isn't some fine print in some contracts but it's just not something I've ever heard of someone doing.