Property News · February 19, 2015

Car accident was not my fault but my insurance premium rose 50%


Equity Red Star car insurance costs soared after no-fault collision with a busWhen I received my annual renewal notice for a multi-car insurance policy with Equity Red Star, I found my premium had risen by 50%. On checking, I discovered that a £1,350 claim had been made against me six months previously and my no-claims discount had been affected. What had happened six months ago, was that a bus had tried to overtake a cyclist as both approached a width restriction. The back of the bus caught the front of my car as I approached in the opposite direction. We stopped and exchanged details but there was no sign of damage to either vehicle. The next morning I called the insurance company which filed a “for information only” report. Continue reading…

Source : theguardian.com
Read more…Car accident was not my fault but my insurance premium rose 50%

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