Premiums And Uninsured Drivers

knitnat | 14:49 Tue 16th Aug 2016 | Motoring

8 Answers

My son is 20 and has been driving for 2 years without any claims or endorsements. At the weekend whilst his car was parked up and he was away from the car it was almost certainly but not yet officially written off by an uninsured driver. Driver has been caught and charged. Son is insured with Direct Line so no claims is protected but how are his future premiums likely to be affected? slightly? Greatly? TIA

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ToraToraTora

As he has NCBP it will rise a bit but not hugely.

knitnat

Question Author

thank you for that

sapelesam

Hi knitnat, your son must contact Direct Line to see if he has to lodge a claim with MIB, Motor Insurance Bureau, they have a fund to payout when an uninsured driver is involved. In a similar situation my insurance increased by nearly 50%.

sapelesam

In a hypothetical situation, this is how NCD protection works. I am quoted £500 for my insurance minus my NCD which brings it down to £250. I have a no fault accident, therefore the insurance company believe I am a greater risk, (I don't get that) so my new quote is £750, minus my NCD brings it to £375. Exactly the same discount, 50%, but from a higher premium. Hope that helps.

ToraToraTora

yep that's how it works sapelesam, I have to explain that regularly to people who think that NCNP means their premium will not go up if they claim and are shocked when it does.

knitnat

Question Author

Yes when he informed them they told him NCD was not affected and he assumed that meant his premiums wouldn't go up. I had to bring him back down to earth and prepare him for the inevitable. It's so annoying when he wasn't even in the car!!!

hc4361

According to Direct Line, not at all.

".....Meanwhile Direct Line said that it wouldn’t raise premiums the first time but if the driver continued to make non-fault claims it could start to factor it in as it could indicate something about their driving habits."

http://www.thisismoney.co.uk/money/cars/article-3052191/How-drivers-insurance-costs-soar-no-fault-accidents-don-t-claim.html

sapelesam

Direct Line may or may not be the company that raised my premiums by nearly 50% after a no fault claim.

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