by Guest » Sat Nov 15, 2008 08:02 pm
In 07 I backed my truck into a car who was parked pretty much right on my bumper, lifted truck + parking in my blind zone = collision.
Anyways I only put 2 quarter size dents on his hood. I was at fault and agreed I was at fault, the thing is my insurance company never went through with the claim, the guy just forgot to go through with it, his car was never fixed and my insurance never payed them out.
My question is, is there a way I can get that accident removed from my record because nothing ever happened? It's an incomplete claim and I can barely pay my insurance as is and the difference between having one accident on my record and none is about $74 a frigging month!
Anyways I only put 2 quarter size dents on his hood. I was at fault and agreed I was at fault, the thing is my insurance company never went through with the claim, the guy just forgot to go through with it, his car was never fixed and my insurance never payed them out.
My question is, is there a way I can get that accident removed from my record because nothing ever happened? It's an incomplete claim and I can barely pay my insurance as is and the difference between having one accident on my record and none is about $74 a frigging month!
Posted: Sat Nov 15, 2008 10:56 pm Post Subject:
You could ask your carrier but they won't do it. It's an "at fault" accident even if they did not pay anything and that is precisely what they are tracking.
Posted: Sun Nov 16, 2008 11:12 pm Post Subject:
Wow that really does stink. Its a shame its set up this way even though nothing was paid on the claim. I think you will see this rate hike for at least a couple years. I would try to talk to your insurance company just to see but chances are its already on there and nothing you can do. Good luck.
Posted: Sun Nov 16, 2008 11:31 pm Post Subject:
That's one of those claims (if the guy wasn't in the car at the time of impact) that a person should've offered to pay out of pocket and not even file with their carrier, if your premium goes up that much GEEZE. You could've paid out of pocke nearly 900 in damages to the guy for what one years prem. increase is.....I'd be shopping brother...ask your carrier if you call the guy and he agrees to let you pay out of pocket or officially withdraw the claim, (probably be better to get a letter from him saying you have 'satisfied' the claim)...if they then will drop it.
Posted: Sun Nov 16, 2008 11:33 pm Post Subject:
Thats an excellent idea Lori....you do your job well. Here I thought it was one of those hopeless..oh gosh dang it..kind of things.
Posted: Mon Nov 17, 2008 04:56 am Post Subject:
Lori has a suggestion, but I doubt that it'd be possible to remove the accident altogether from the record since you have placed the claim with your insurer. The record might have gone already to the CLUE report which is accessible by the insurance providers. Also the record will remain on your driving history which too will influence the auto premium.
I think shopping around is a good idea. You might get a competitive rate for same coverage with another carrier.
~Jeremy
Posted: Mon Nov 17, 2008 12:18 pm Post Subject:
I disagree jeremy if the clmt owner will in writing withdraw any claim or acknowledge the claim has been satisfied, if my carrier wouldn't do something to help me out since they paid 'naaaada' i'd be taking that documentation to my states d.o.i. with a request for assistance...and I think i'd get it...
you do your job well
well fire, as my grandpa always said, '' even a blind hog will find an acorn once in a while' :wink:Posted: Mon Nov 17, 2008 03:24 pm Post Subject:
Rates are based on risk, not money paid out. Always has been. If rates were based on money paid out, it would be called banking and not insurance.
As such, I don't see why the carrier should lower the rates just because no money was paid out. On the flip side, should they increase rates by $1000/month when that pay a $20k claim?
There are many other reason's the OP's rates could have increase other then one chargeable accident.
Posted: Mon Nov 17, 2008 07:39 pm Post Subject:
True. We may not see the whole picture here as we don't know what his driving record is. I just think it might be worth a stab to try Lori's idea. The only thing lost would be a little time and that may be worth the extra money not paid out due to the rise in the OP insurance. Guess the OP should call and see exactly why his rates rose so high.
Posted: Tue Nov 18, 2008 01:43 am Post Subject:
Rates are based on risk, not money paid out. Always has been. If rates were based on money paid out, it would be called banking and not insurance
ah but my friend rates, and 'puniative increases' for using the policy are different...for instance has every company you worked for not had a pay out threshold prior to an increase? ie, the company I work for now has to pay out on an at fault or chargeable loss in excess of 600 (coll or pd) for a rate increase to be generated...prior carrier i worked for it was 400, (course that could be higher now)...maybe it's a MO thing...As such, I don't see why the carrier should lower the rates just because no money was paid out. On the flip side, should they increase rates by $1000/month when that pay a $20k claim?
I think he has a great arguement (depending of course on the rules/laws and regulations for his stateThe great state of MO, will not allow a rate increase simply because an ''at fault'' loss was reported...it must have a payment issued for there to be a rate increase...
)...In connection with any accident caused
by the insured, an insurer may request an
increase in premium as a result of payment by
an insurer to or on behalf of the insured in
settlement of any claim made by or against
the insured.AUTHORITY: sections 374.045 and 379.470,
RSMo 1986.* This rule was previously filed
as 4 CSR 190-17.100. Original rule filed
*Original authority: 374.045, RSMo 1967, amended
1993, 1995 and 379.470, RSMo 1947.
The more I think about the more I think the payment 'threshold' is likely a company thing...
And of course MO does not allow any rate increase for comp, or um losses and many collision losses (ie hit and run while parked, rearended etc.)...
So I still think it's a good idea for the op to check with his states DOI, won't cost him anything... :wink:
Posted: Tue Nov 18, 2008 11:53 pm Post Subject:
This will be on your record for 3 years no matter what. This is unfortunate, since your insurance company never was out money and didn't even pay a claim. You may considered looking at new insurance companies and getting quotes. A lot of small accidents as this only make rates go up about $40, in other words it seems as if your insurance company is charging a lot for such a small accident and it wouldn't hurt to get a few quotes. A lot of auto insurance companies are offering accident forgiveness now in which the first accident don't even increase premiums like yours did.
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