I didn't say that. In my OP I was very careful to state that "I have a 3rd-party claim outstanding against another insurance company,", in other words, the claim is mine but the insurance and insurance company are not. I'm sick of ringing ALLIANZ and sick of their stories. I'll give those guys you mentioned a bell, thanks.Saying "i have a 3rd party claim"
claim is mine but the insurance and insurance company are not.
In my experience insurance companies still treat this as a potential claim against your own policy. The logic is that if the other insurance company only accept partial liability, your own insurance company could be on the hook for the remainder of the claim amount. The other party also usually has 12 months to initiate a claim against you for the event that gave rise to your claim.
this one is open and shut to be fair to mathepac
You had a claim on your own insurance, so that must be declared to all other insurance companies that you talk to, when renewing the insurance - regardless of who was to blame / costs / etc.The circumstances and subsequent full settlement by the other co;s insurance and our fully procteced NCB didnt seem to matter
Except he is saying that the claim isn't open under his policy. Its by virtue of whatever way he is explaining to his brokers i gather.It sounds it, but until such time as the claim is recorded as resolved, they treat them all the same. It's all about the insurers protecting their own interests.
You had a claim on your own insurance, so that must be declared to all other insurance companies that you talk to, when renewing the insurance - regardless of who was to blame / costs / etc.
The protected NCB is only relevant to your current insurance provider if you renew with them.
There is still a "claim against insurance" on your record and must be declared for each subsequent insurer, if it's within their time remit - "have you had a claim in the last X number of years, regardless of blame ..... etc "
but even if that claim was fully recovered by my insurance company from the liable parties insurance, its still a claim? surely its only a claim for the period between them paying out to repair my car and then recover the monies. We werent at fault or liable.
Yeah, I have complained about this but got nowhere. It needs to be reformed. Same thing happened us and when my wife rang the insurance company and they asked if she wanted to make a claim off her insurance and then they will just claim off the other insurance company. Wife said sure and before you know it, we have a claim on record even though the insurance company recouped all money within weeks. Despite the amount of money I pay every year, I would be more and more reluctant to go to my own insurance company for anything unless I really have no choice...
Except he is saying that the claim isn't open under his policy. Its by virtue of whatever way he is explaining to his brokers i gather.
they certainly dont make this clear at the time either, that it will sit as a claim on your policy.
A no claims discount or bonus is just that, fault or the outcome is immaterial. It's all engineered in their favour.
A no claims discount or bonus is just that, fault or the outcome is immaterial. It's all engineered in their favour.
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