Accident, repair and insurance, quick advice needed

Once you have told them about a accident it goes straight on there system so even if you phone them back and not claim it still goes down that you've had a accident. so premium will go up I'm afraid.
My wife works for insurance but she's at work till 5. When she gets in I will ask her the crack.

 

Hi DB, even though it doesn't sound like much damage, don't be too surprise if it gets written-off. This is in part because it's a brand new bike and in part because the insurer wants to avoid ANY possible liability claim, post repair.

 

As the others are saying you've reported it now , so no matter what they will hike your premium regardless.
Might as well get your money's worth one

 

What's the outcome out of interest? Although I know it's not my question but very interested to hear what your wife said.

 

I'm not sure that you'll get a hike in premiums, if you decide to repair yourself and the ins. coy. doesn't have to pay out. After all, when you insure with a different company they will ask 'how many claims have you had' not how many accidents have you had - just my thoughts, might be bollox?

 

Ok wife says as you have told them you've had a accident (even if you claim or not) it goes on the cue system which is linked to every insurance company, so if you move company when your policy is up you will have to tell them. If you don't they will void your policy. Then you will struggle to get insurance.
As for claiming as I said before your premium will go up because you've had a accident so deemed a risk. So you have to weigh up what your axcess is compared to the parts ect if you do it yourself. Hope that helps.

 

Personally if your excess is say £500 and you can get the parts and do it yourself for the same or a shade higher I would be tempted to do it yourself.
Yes your premium will go up because your deemed a risk but you wouldn't have made a claim.

 

Bad luck mate - came off my Bonnie last year and that was a complete right off - I was doing about 75 mph though (instinctively over-braked when some clown pulled out into my lane and down it went).
I was very lucky, but know all about purple "sausage" fingers!

 

Wife's at work again but personally I would say yes

 

Can't do any harm in asking them. Good luck

 

I think insurers ask if you have had any accidents, wether you were to blame or not, in the last ..... As well as have you made any claims. So unfortunately I think you will have to declare it, so as you've notified them I think that will be a box you'll have to tick

 

It would have to be declared to any future insurers whether you claim or not, however there is a fairly big difference between a Fault Claim (if you do go through the insurance) and an Info only accident (which is how it would be recorded if you don't).

Whether to claim or not ultimately depends on the cost of parts and time to fix vs. the XS on your policy and any possible premium increase etc for the claim. Also remember, if this is your first insurance; if you do not claim and fix it yourself, you would still be entitled to a No Claims Bonus at the end of the year (provided you don't make any other claims).....that in itself could be worth 30-35% discount on next years premium........another potential cost/saving to bear in mind when you decide how to go ahead.

Worst case, you could always make the claim and then if the repair cost etc isn't too high, you would have the option to repay the insurer for the claim, which again would turn it back to an Info only accident rather than a Fault Claim.