Any - HJ Insurance question

Honest John Back Room » Motoring discussion
What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
View Threaded
Thu 19 May 2022 22:21
Any - HJ Insurance question - Brit_in_Germany

I am not sure this answer is correct.

www.honestjohn.co.uk/askhj/answer/168270/-my-insur...s-

My understanding is that if the insurer pays out due to a write off there is no risk to insure against so the policy terminates automatically.

Edited by Brit_in_Germany on 19/05/2022 at 22:22

Reply | Report as offensive | Link
Fri 20 May 2022 05:02
Any - HJ Insurance question - _

Insurance company is quite within their rights to cancel policy and not refund.

Reply | Report as offensive | Link
Fri 20 May 2022 08:08
Any - HJ Insurance question - Ethan Edwards

If you pay the premium in instalments then you've got a credit agreement as well as a policy. So yes the policy is over but you still have a live credit agreement and need to continue the payments. Imo that is.

Reply | Report as offensive | Link
Fri 20 May 2022 10:32
Any - HJ Insurance question - Terry W

Insurance companies take the premium and agree to cover the risk of a claim for the year.

That a claim may arise on the first day of cover does not change the risk the insurance company took in providing you with a policy.

Reply | Report as offensive | Link
Fri 20 May 2022 14:02
Any - HJ Insurance question - Andrew-T

Insurance companies take the premium and agree to cover the risk of a claim for the year. That a claim may arise on the first day of cover does not change the risk the insurance company took in providing you with a policy.

Nor the possibility that you might make a second claim in that year. There is also the possibility that, even if 'written off', the owner may choose to retain the car and have it repaired, so the policy need not terminate.

Reply | Report as offensive | Link
Fri 20 May 2022 11:51
Any - HJ Insurance question - Bromptonaut

My understanding is that if the insurer pays out due to a write off there is no risk to insure against so the policy terminates automatically.

Not necessarily. When my Skoda Roomster was written off as beyond economic repair the policy was left in abeyance and a week or so later I added the replacement Fabia.

Reply | Report as offensive | Link
Fri 20 May 2022 14:23
Any - HJ Insurance question - _

The point, from reading my LV terms and conditions is that "In the event of a claim" the company reserve the right to pay the claim and then terminate the insurance policy.

Reply | Report as offensive | Link
Fri 20 May 2022 15:34
Any - HJ Insurance question - galileo

On the topic of insurance write-offs, I presume that if Fire and Rescue indulge in their popular pastime of cutting the roof off even slightly damaged cars, the driver (with whiplash or whatever) has "write-off" on his record though the initial bump could have been repairable?

Reply | Report as offensive | Link

We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.

Insurance group finder and how to save on insurance

From which small car to buy at which price point to the best UK-built cars, our Top 10s have the lot. Click now for your shortlist.

Unsure of what to buy? Our Top 10s are here to help you....