Car Insurance Cancellation?

Question

Today I received a letter stating my car insurance is void due to a “non disclosure of accident(s)”. I totally forgot about my car which was written off 1.5 years ago. I was not even present in my civic when it was ran over by a dooley truck. My previous insurance company decided to write it off.

What are my option(s) in the matter?

What are the effects of such a claim against me for a future car insurance policy?

Thanks for any suggestions,

Rev

Answer 1

how could you 'forget'!! LOL

i wouldnt have thought it would affect anything. More of a warning I guess.

Is there anybody here who works for an insurance broker?

Answer 2

Usually, insurance companies find all of your accidents from either your MVR or a national database called CLUE. Sometimes, they miss one and discover it later. It sounds like your insurance company rated your policy without the accident. After they had "bound" the policy and you had already agreed to the terms, they discovered this accident. Because of the accident, you no longer qualify for the policy you purchased, so they must cancel you.

Options:

You can call the insurance company and try to get a new policy with a different rate with them or you can call another insurance company and get a policy with them. Just make sure you disclose the accident this time!

Future Effects:

None really, just make sure the accident is accounted for on any new policy you get so this doesn't happen again.

Answer 3

Well, you have to disclose the accident!  Go back to the agent, or go to a new agent, and have them get you new quotes.  It's likely going to cost more.

Your options are, buy car insurance, or drive uninsured.

But now when the application says, have you ever been cancelled or declined . . .you have to say yes.

Answer 4

take the bus.......insurance is getting ridiculous

Answer 5

Whenever you apply for insurance, they always say something along the lines of, "Your quote is based on the information you provide and failure to provide a material fact may render your contract void". This will also be in your terms and conditions in the policy booklet, and by accepting the policy booklet, you are accepting the terms and conditions.

Most insurers now share information, and if you fail to disclose something, they will know as they match up your details on a central database. Although it may be a genuine omission, the insurer is entitled to void the policy in all cases where there is a non-disclosure, as it is technically fraud.

You now find yourself in a difficult situation. That insurer will almost certainly not take you on again unless you can prove that it was a genuine omission and even then, there is no guarantee that they will re-insure you. If you go to another insurer, they will ask you, "Have you ever been refused insurance". As the answer is now yes, they will either decline you or charge you a fortune for insurance. If you say no, and they check the database and find out that you have been refused, they will void your policy again. It's a difficult situation to be in, but it is your responsibility to volunteer all information that would affect their decision to insure you.

Answer 6

you can try and find cheaper insurance and let the new company know what happened at hopefully they wont consider it a risk since you werent even present . . . a website where you can have multiple insurance companies at once is http://www.COMPAREusINSURANCE.com