Where did you get this from? I don't recall any such obligations in my own policy. What happens in cases of shared fault - 70% their fault and 30% my fault?
But the key difference is that you don't lose your NCB if you claim of MIBI - right?
Where did you get this from? I don't recall any such obligations in my own policy. What happens in cases of shared fault - 70% their fault and 30% my fault?If the other person is at fault, you are obliged to claim on their insurance, not your own.
But the key difference is that you don't lose your NCB if you claim of MIBI - right?Dealing with the MIBI is the same as dealing with a third-party’s insurance company. In fact, the MIBI appoint an insurance company to handle the claim on their behalf. They will still investigate the accent, require statements, sent assessors, argue liability etc. Also, when dealing with the MIBI, they will not directly pay for replacement car hire and you will have to pay up to your own insurance company’s excess (these can be claimed at a later date, but with more paperwork).
You're not comparing like with like, folks. Yes, when an insured driver hits you, you have the option of claiming off his insurance. However, if you do that, you take on a load of work on yourself. You might have to argue about liability, in a disputed claim. You need to deal with the expert claim assessors at his insurance company. You are probably not an expert in assessing damage. You don't know the industry standards for allowing rental for a replacement car. You mightn't be sure of your rights if you choose not to actually carry out the repair. It's not impossible, but it's hard work.
Part of the reason of paying for comprehensive insurance is that you get paid for damage to your car, regardless of who is at fault. And you don't need to be a hardass negotiator. You pay a price, in terms of losing your no claims bonus.
But apparently, if you get hit by an uninsured driver, you have the luxury of getting it sorted by your own insurance company, without worrying about your NCB.
So youre just flat out ignoring option 2 for the purpose of your argument? Only one not comparing like for like is you.
Section 3
Accidental Damage to the Insured Vehicle
We will pay for accidental damage to Your Car and Accessories and spare parts while they are in or on Your Car or in Your private domestic garage
Section 13
No Claim Discount – Step-Back
If a claim is made under this Policy, any no claim discount previously earned will be reduced at the next renewal as shown below:[/QUOTE
So there is nothing about recovering the costs from the other party. If you make a claim, you lose your discount - regardless of blame. It's a no-claim discount not a no-blame discount.
So, the clear comparison is;
1) Got hit by an insured driver, claim of your own comp insurance => lose your no claim bonus
2) Got hit by an uninsured driver, claim of your own comp insurance => keep your no claim bonus
If I've got something wrong, by all means correct me. If not, it is clear that you are better off being hit an uninsured driver, than an insured driver.
I have tried to correct you already. Skip to the section of the wording that discusses subrogation.
Ok im tired of talking. I work in a brokers -happens all the time!
Yeah, the timescale doesn't surprise me. I know that anything legalistic can move slowly. But am I missing something about the policy? I didn't see any reference to subrogation in that 123.ie policy doc. Is that unusual?We work for "punters" so yes it happens all the time. Subrogation is written into every policy. So yes if the other party is clearly at fault then the bonus gets re-instated. It doesnt always happen within a few days. Sometimes it can take months.
We work for "punters" so yes it happens all the time. Subrogation is written into every policy. So yes if the other party is clearly at fault then the bonus gets re-instated. It doesnt always happen within a few days. Sometimes it can take months.
And as I said nearly every policy had a legal expenses add-on to use a law firm to pursue the claim directly if they do not want to use their own cover. These are professional firms who specialise in this.