'Cash for crash' accident - what effect on insurance?
Having been in a crash for cash accident my car is a write off. Although legally my fault, the insurance company is treating the vehicle I hit as a fraudulent claim.
As I own another car and insured with another insurance company, I no doubt I need to inform them. Will my premium increase on this vehicle due to this recent accident.
As I own another car and insured with another insurance company, I no doubt I need to inform them. Will my premium increase on this vehicle due to this recent accident.
Asked on 19 January 2012 by ThomT

Yes, everything will go up a lot until the claim is settled. Then it might go down a bit, but not to where it was before.
Tags:
insurance
legal issues
Similar questions

My daughter was involved in a minor supermarket car park incident three years ago. She denied responsibility at the time, which her insurers (Direct Line) seemed to accept, and the incident remained on...

I’ve bought a car through a salvage auction site. It's registered as a Category N write off, but upon inspection of the car at my local garage, the car has structural damage to the rear subframe and possibly...

I have a Ford Torneo that I bought in 2011. I have owned the vehicle for six years. When I bought the minibus, it had a V5 with two letters attached from the DVLA. The letters said their had been a discrepancy...