Insurance question

Joe T · 19 Nov 2006 at 13:36

Assuming I dont intend to claim, should I inform my insurance company of my accident anyway?

Thanks

PMKeates · 19 Nov 2006 at 13:39

Well that's an interesting question. If a tree falls in a forest with no one to hear it, then does it make a sound? If you are uber-honest, then yes, you need to inform your insurance company. If however you are more interested in saving yourself money, then no. I personally would opt for the latter

olv · 19 Nov 2006 at 13:43

if there is no record of the accident and no claim has been made then there's no real way they can find out, however you would technically be lying to your insurance company which could have other implications?

Stellios · 19 Nov 2006 at 13:47

Does your premium not go up, even if you simply inform them and not claim?

TinkerBell · 19 Nov 2006 at 13:48

I wouldn't tell the insurance company if it was me.

Mr Jack · 19 Nov 2006 at 13:48

Joe T said:
Assuming I dont intend to claim, should I inform my insurance company of my accident anyway?

Legally speaking; you are obliged to. Practically speaking; no, you shouldn't.

sloth · 19 Nov 2006 at 13:49

Stellios said:
Does your premium not go up, even if you simply inform them and not claim?

Yes, it's a no claim accident. For me it puts it up by around 10%.

Joe T · 19 Nov 2006 at 17:35

Thanks folks. I think Im going to tell them, just incase.