commonrail:
you held back facts concerning the policy on which you later claimed against
What policy? My GIT? the one that was canceled!! Oh, you mean my ‘comprehensive’ vehicle & trailer policy that was also canceled on th same day■■? It’s all in there!!
limeyphil:
bigr250:
TTX boy:
Tell em nowt !
Quality, good advice if you want to loose youre home. (if you own it)
Ross.
why would someone lose their house? you tell em nowt, then God strikes your house with a bolt of lightening? [zb] me these insurance companies have some powerful friends.
So your driving home in your car & loose controll & ram into a Bugatti Veyron going the opposit direction, you havn’t bothered to tell your insurers about the two accidents you had at work in your FH12, they send you your premium back and your left to pay the personal injuries of the Bugatti driver & the cost of the write off of his £1/2million Veyron!!! They bankrupt you, sell the house & your renting a home for you & your family!!
Ross.
i also suspect the reason they didnt fancy coughing up was because the security gaurd let someone drive off with your trailer,so in their eyes it would be the security companys insurance who would be liable.
fact remains that a profesional driver is obviously more at risk from accidents simply through the amount of time they spend behind the wheel.
in my eyes,this extra risk should not be carried over onto your private/social and domestic use policy…and as i have never heard of anyone having a claim refused due to the above reasons,i suspect the courts feel the same way.
commonrail:
you held back facts concerning the policy on which you later claimed against
What policy? My GIT? the one that was canceled!! Oh, you mean my ‘comprehensive’ vehicle & trailer policy that was also canceled on th same day■■? It’s all in there!!
limeyphil:
bigr250:
TTX boy:
Tell em nowt !
Quality, good advice if you want to loose youre home. (if you own it)
Ross.
why would someone lose their house? you tell em nowt, then God strikes your house with a bolt of lightening? [zb] me these insurance companies have some powerful friends.
So your driving home in your car & loose controll & ram into a Bugatti Veyron going the opposit direction, you havn’t bothered to tell your insurers about the two accidents you had at work in your FH12, they send you your premium back and your left to pay the personal injuries of the Bugatti driver & the cost of the write off of his £1/2million Veyron!!! They bankrupt you, sell the house & your renting a home for you & your family!!
Ross.
But i dont own the truck, i dont pay the insurance in the truck, i dont take the profit (if any) from the truck. will i loose my no claims for an accident in a truck…probably will my premium go higher, you better {zb} Believe it.
bigr250:
So your driving home in your car & loose controll & ram into a Bugatti Veyron going the opposit direction, you havn’t bothered to tell your insurers about the two accidents you had at work in your FH12, they send you your premium back and your left to pay the personal injuries of the Bugatti driver & the cost of the write off of his £1/2million Veyron!!! They bankrupt you, sell the house & your renting a home for you & your family!!
Ross.
the veyron driver`s insurance co would take my insurance co to court,then the judge would rule in favour of me and make my insurance co pay up
1500 on an A3 seems steep I have one and mines 650 fully comp I live in a highish risk post code and have 6 points. Even when my dd conviction was still valid the highest it was 900.
you can tell your insurance company every minute detail…but should they come up against a big one,they`ll still try to wriggle out of it.
a friend of mine lost a leg in a motorcycle accident last year,when a plank in a car hit him head on(whilst on the phone).the guy in the car was convicted of dangerous driving,but still his insurance co refused liability.
anyway…it cost my friend(initially)for a top legal team and now he is just waiting for the hspital to finish with him before the final amount can be awarded
kr79:
1500 on an A3 seems steep I have one and mines 650 fully comp I live in a highish risk post code and have 6 points. Even when my dd conviction was still valid the highest it was 900.
I’m in a highish risk area and it’s an 08 plate 2 ltr and I keep it on the drive!
commonrail:
the veyron driver`s insurance co would take my insurance co to court,then the judge would rule in favour of me and make my insurance co pay up
But that’s the whole point, if you’d failed to disclose a “material fact” on your proposal, the second your insurance company saw the possible value of the claim you’d get your premium back & you’d be paying for the solicitor & the Barrister to be standing in front of that judge, & if you couldnt ‘front’ about £10,000 you wouldn’t get anyone to help you. So if you havn’t got enough savings & you own a house you’d better start looking for somewhere to rent as the Veyron’s insurance company will ‘take you to the cleaners’ (without prejudice)
Don’t think of the people working at insurance companies as reasonable human beings, they’re ‘bottom feeders’ who think nothing of leaving you ‘adrift in an open neck shirt’ & justify it to themselves by the FACT that you WITHHELD MATERIAL FACTS!!!
They don’t care what you think, they don’t give a toss whay your mate told you, they ask the question on their proposal form “any accidents in the last # years” you can lie if you want, that’s your choice.
I didn’t lie, I sought advice and was given incorrect information innocently and was facing a civil case for £144,000.00 without the ‘safety net’ of an insurance company!!! Think long & hard before you take them on, they word their questions very carefully & you either tell them what they want to know or withhold it, so if you only want a piece of paper ‘saying’ your insured tell them what you like, your choice.
commonrail:
the veyron driver`s insurance co would take my insurance co to court,then the judge would rule in favour of me and make my insurance co pay up
The judge wouldn’t rule in your favour as your insurance company would trivially prove in court that you had obtained the insurance by deception and very quickly wash their hands of the whole thing leaving you personally liable. The insurance companies are very good at this, it’s something they do literally every day in court and you had better have a very very good lawyer if you plan to take them on.
ibson:
I have had scrapes on sites but only one bump on the road in work and I did not tell my private insurance as i belive it’s [zb] all of their business
You can believe what you like but if the [zb] hits the fan it’s the view of the courts that would matter and they certainly wouldn’t agree with you.
I guess at the end of the day only you can decide if it’s a risk you can afford to take. Sure, you’ll save money each year on your car insurance but if something bad happens you could lose everything and in the worst case end up serving time and with a criminal record to boot.
ibson:
In my eyes it’s a disgrace, I pay 1500 on my Audi a3 sport back, that’s for me and the mrs fully comp, I’ve never payed under 1000 and I’ve never had a bump on my car policy, it’s partly down to my age.
That is insane, even when I was 23 and had a Porsche 944 Turbo I didn’t pay as much as that. Neither of our two cars are even worth 1500quid now…
Don’t forget as well the insurance need to know about points gained on your licence aswell.
Whether in the car or truck.
When Admiral wrote off my car 2 yrs ago, the only paid out after a conference call between
me, Admiral and the DVLA. This call was recorded and I was asked to confirm again, any convictions
in last 5 yrs etc, etc. The DVLA were then asked the same question about me. Our answers were the
same…I knew they would be. So all was settled. But if they hadn’t I would have been £22K out
of pocket as I would have had to foot the all costs for the other party in the incident.
ibson:
I have had scrapes on sites but only one bump on the road in work and I did not tell my private insurance as i belive it’s [zb] all of their business
You can believe what you like but if the [zb] hits the fan it’s the view of the courts that would matter and they certainly wouldn’t agree with you.
I guess at the end of the day only you can decide if it’s a risk you can afford to take. Sure, you’ll save money each year on your car insurance but if something bad happens you could lose everything and in the worst case end up serving time and with a criminal record to boot.
Paul
Agreed, it is a risk I’m taking. No one has actualy said if it is law to tell them about other bumps? people have just been saying how they interprete it.
ibson:
Agreed, it is a risk I’m taking. No one has actualy said if it is law to tell them about other bumps? people have just been saying how they interprete it.
This is taken directly from my ins docs, only got them handy as I’ve been through the hell of renewing with Admiral.
Less than £500 on a multicar policy for the 2 motors.
It is an offence under the Road Traffic Act to make a false statement or withhold any information to gain the issue of a Motor Insurance Certificate. Failure to disclose all material facts could invalidate your policy. In particular you should disclose any facts, which would influence an insurer in the assesment and acceptance of risk.
There are a further 4 paragraphs in the same declaration which go on further. But to answer your query, then yes it is illegal to not tell them. Can’t see the other insurance co’s not having a similar statement in their policy docs.
ibson:
I have had scrapes on sites but only one bump on the road in work and I did not tell my private insurance as i belive it’s [zb] all of their business
You can believe what you like but if the [zb] hits the fan it’s the view of the courts that would matter and they certainly wouldn’t agree with you.
I guess at the end of the day only you can decide if it’s a risk you can afford to take. Sure, you’ll save money each year on your car insurance but if something bad happens you could lose everything and in the worst case end up serving time and with a criminal record to boot.
Paul
Agreed, it is a risk I’m taking. No one has actualy said if it is law to tell them about other bumps? people have just been saying how they interprete it.
They ask a question & you sign the bottom of the form to ‘swear’ everthing you’ve told them is true, they hold all the cards, it’s their game & they make up the rules and if you don’t like them they’ll tell you to take your business elswhere. But where? they all ask the same questions, lets hope you’re never involved in a ‘fatal’ thats attributed to you!!! you’ll loose everything you’ve got and potentially, everything you were ever likely to have.
ibson:
Agreed, it is a risk I’m taking. No one has actualy said if it is law to tell them about other bumps? people have just been saying how they interprete it.
Insurance contracts are based on uberrima fides (utmost good faith). If you don’t tell the insurer anything within your knowledge that affects their perception of the risk they are taking on, they are entitled to void the contract.
Withholding anything that may affect the insurer’s view of the material risks to the contract is likely to lead to them being able to void that contract. It doesn’t matter that it was a bump in a company vehicle, and that that vehicle wasn’t a car - declare it, and let the insurer decide whether it is material. If they decide to load your premium to more than you’re prepared to pay, look around for other insurers.
Put it another way - if you don’t think claims on truck insurance are material to car insurance, why withhold the information? The insurer is bound to check anyway when a claim comes in - they will look for excuses to void a policy. Claim information is held in databases that are shared between the insurers for anti-fraud purposes (you give your consent to this being done when proposing for insurance), so the likelihood is that you’ll be found out. At that point, the best that happens is that the insurance is voided (which potentially leaves you holding the liability), and you may find yourself facing criminal charges in some circumstances.
bigr250:
Quality, good advice if you want to loose youre home. (if you own it)
Ross.
So many truck drivers say “I own a house” when what they really mean is “I have a mortgage”.
(HINT) You don’t own anything until you have paid for it in full.
Don’t forget Harry I’ve been in exactly this position & was advised (by an RHA recomended solicitor) NOT to even considder re-mortgaging to increase the debt as once they ‘hit’ you with the costs, they back track to your financial position before the court case started!! They use ‘forensic accountants’ who can trace what you’ve been up to & you get a criminal prosecution if you try to misslead the court on your true financial position!!!
This is one of the biggest reasons I packed in as a haulier in 2006, I’ve been tempted to go back and this month I will be renewing my ‘O’ licence with (at this moment) no plans to get back into transport. But I’ll never say never to going back!!
djw:
Insurance contracts are based on uberrima fides (utmost good faith).
Something the OFT believes many Insurance companies are not providing as they are investigating them for fraud !
The OFT haven’t yet made the decision to refer the insurance market to the Competition Commission - - they’ve stated their provisional finding that there are ground to refer. If the referral happens, it will not be to do with underwriting, but claims handling, and it’s based on competition law (which rests on EU law - Articles 101 and 102 TFEU) not fraud.
In essence. the OFT believes that the way claims are handled may land up with the insurer of the at fault driver being left to pay a disproportionately high sum that they can do little to keep down. This, in turn, leads to excessive insurance costs for everyone. There’s more about the OFT’s position here.
So all was settled. But if they hadn’t I would have been £22K out