I'm very interested in this issue of a named driver accident as well. My wife had an accident while driving as a named driver on my policy, now we both seem to have a claim showing on our policies.
Tacoma does that last sentence not contradict my point that the driver but also seperately the policy holder ( who wasn't party to accident) are both screwed when trying to get insurance?That may be so, but only one NCB should be affected, under the dual indemnity (NCB) agreement. If you have comprehensive insurance, your insurers will pay for your damage without affecting your NCB. It will still be recorded as a claim/payment. With most of the Irish Insurers, the drivers policy deals with the TP claim under the dual indemnity agreement. If one of the insurers is not party to the dual indemnity agreement, then the drivers policy will deal with the Third Party claim and claim 50% contribution from your policy, again without affecting your NCB.
Put simply, only one policy is punished, that of the driver.
One son was driving (NCB gone) and the other was the policy holder (NCB also gone). Loadings applied in both cases.
that's how this named driver and cross insuring works.
Cross insuring is where my wife and I name each other as drivers on our individual policies. No matter who has the accident in which car, both policies are now NCB-less.
only one NCB should be affected, under the dual indemnity (NCB) agreement. If you have comprehensive insurance, your insurers will pay for your damage without affecting your NCB.
It will still be recorded as a claim/payment. With most of the Irish Insurers, the drivers policy deals with the TP claim under the dual indemnity agreement. If one of the insurers is not party to the dual indemnity agreement, then the drivers policy will deal with the Third Party claim and claim 50% contribution from your policy, again without affecting your NCB.
Put simply, only one policy is punished, that of the driver.
Reading the OP carefully, there is only a 3rd party policy in operation and it is the one policy with named drivers in operation on the older son's car. The younger son and the Da are the named drivers. The older son is being loaded and has lost his NCB as his policy was the one in operation at the time of the accident. Unless of course I read the OP incorrectly.That may be so, but only one NCB should be affected, under the dual indemnity (NCB) agreement. If you have comprehensive insurance, your insurers will pay for your damage without affecting your NCB.
Thanks for that Mathepac, it's not at all what I wanted to hear, eldest guy needs the car for work I understand loss of Ncb and loading the younger guy but the 3 things, eldest guy hammered for something that wasn't his fault is what is the hardest to swallow
C.
HiIt doesnt make a difference whether its his fault or not. It's his policy. A named driver on his policy hit someone. His insurer paid out. His no claims bonus is now gone as he had to seek an indemnity under his policy. The accident was caused by a named driver driving under his policy with his consent. Therefore he suffers.
Exactly as I read OP. Outcome is exactly as I predicted too. Very tough but that's how it all works.
Its not a no blame bonus, its a no claim bonus. The policy holder had to make a claim so its he that is affected the most.
I'm very interested in this issue of a named driver accident as well. My wife had an accident while driving as a named driver on my policy, now we both seem to have a claim showing on our policies.
Insurance in Ireland is based on how much can be charged before people object.it's not remotely risk based which insurance is meant to be!!
Insurance in Ireland is based on how much can be charged before people object.
My wife never completed learning to drive and hasn't sat behind the wheel of a car in 14 years, so a few years ago I decided to take her off the policy (she had been a named driver in the hope that she might take it up again sometime). At renewal time, after I was quoted a figure, I told the lady I was dealing with there was no point having someone who can't drive and has no license as a named driver on the policy.
My premium went up.
I get that, but if my wife is not able to drive and doesn't have a license? How can it be less of a risk to have her as a named driver? I'm not really arguing the point, it's just one example of how rigged the whole scam actually is.That's standard and, from a friend who worked in one of the major players, is backed by their statistics. People with a partner as a named driver are more likely to share a car, are likely to travel together more, and are less likely to drive dangerously with their partners present, and so have fewer accidents.
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