Hi everyone, hope you all had a great Christmas! I haven't posted for a while but have been following the forum almost daily and the help and support the people on here give is amazing! We are just over a year in and while things can be tight some months we seem to be coping quite well but as with most people I guess, something usually comes along and puts a spanner in the works.
On Christmas Eve/Christmas morning a drunk driver managed to crash into our car which was parked up outside my parents. We now need to put a claim through with our insurance company for the damage (while the car is drivable it is a bit of a mess) but don't have the money for the excess. My parents have offered to lend us it, they don't know about the IVA, until such a time as we can either claim it back or give them it back ourselves. Would this be acceptable?
I would ask about a payment break but the IVA payment is due out tomorrow and I think we will probably need the money before the end of January.
I would imagine this should be OK. As this is obviously a no fault claim, there might be a chance that you don't have to pay the excess, if your insurance company is confident they will be getting costs from the other side.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I believe that you will have to pay out the excess initially but hopefully the insurance company will be able to claim it back. It's not classed as 'no blame' it's a 'no claim' regardless of who is at fault.
I'd take up your parents offer for now.
I take it you have insurance details for the other driver?
Thankyou! We have the other drivers details, it is made a bit more complicated by the fact that he had taken the other vehicle without the owners consent, had no licence and wasn't insured on the vehicle.....aswell as being well over the drink drive limit. The insurance company are ringing tomorrow so they should be able to help us out with some of our questions!
Oh what a ghastly thing to happen to you and I agree complicated by the status of the driver.
I would think it's ok to borrow the money off your parents and pay it back when the insurance is sorted. Be worth just mentioning it to your IP maybe if it's going to impact on any payments though. Hope it's sorted for you very soon.x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
My own sorry experience being hit by an uninsured driver,was that, whilst I got a bit of sympathy off my insurers, ultimately I had to claim on my policy, and lost my excess / some of my NCD.
My gut feeling, based on the information provided, is that this is not promising: some little s**t nicks a car, doesn't have a license, let alone any sort of insurance. You are probably going to have to claim on your policy.
I hope the Police nicked him.
If you have legal cover, your insurers may attempt to sue the third party (I now make sure I have this + protected NCD). But they will only do that if they feel there is a reasonable possibility of covering their/your losses.
As Niobe says, it's not who's to blame, but who makes a claim.
Sorry that's probably not what you wanted to hear. Prepare for the worst, but hope for the best.
Good Luck.
My opinions are just that: Based on my experience and being a self-employed IVA customer.
When I was t-boned, not so long ago, I put in the claim and, as it was quickly decided I was not at fault, I did not have to pay my excess, so some companies do not operate the system described above.
This, however, is not relevant in this particular case. Be guided by your own insurers and, I am sure, there will be no problem with your parents subbing the excess in the meantime.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Agree Foggy that is all individual - if it is DUI (sorry for the americanisms) then there may be a problem but it is something to be sorted out insurance wise.
I had an accident with an uninsured, drunk driver (who also happened to be an illegal immigrant!) and unfortunately my insurance company had to pay out. I hit him, but had he had insurance I would have been able to try for a 50/50 as it wasn't entirely my fault. As he had no insurance there was no point.
I have only ever made 1 claim on my insurance. I had to pay the excess and it was not my fault.
If you have to pay the excess you might as well get you monies worth and get a courtesy car and tell the garage to take there time in repairing yours
Hope it works out
The MIB is an organisation (established in 1946) to help compensate the victims of negligent uninsured and untraced motorists. It's funded by all the insurance companies and is basically the only option available for those seeking compensation who've had a crash or accident with an uninsured driver.
For once I get to be an EXPERT on the forum lol. I worked in Motor Insurance Claims for 6 years in the area of accident liability. So unless the law and regulations have changed this is what should happen:
Under the law the insurance policy on the stolen car WILL HAVE TO COVER YOUR CLAIM, this is only applicable though if the thief is caught and you have cited is so in this case.
Often the liability department can waive your excess if the Third Party Insurer admits liability right away but this all depends on how quick your insurer and the third party one are.
It is likely that the owner has already registered a theft claim for their vehicle and your claim will be dealt with as part of this.
If you can't wait for them to waive the excess then do borrow it, pay it to the garage as part of your repair costs and get a copy of that receipt right off to your insurer or if you want to speed things up you can even send it direct to someone at the Third Party Insurer nd they should if they are a decent company pop a cheque in the post to you.
Personally I'd be chasing the Third Party Insurer to see if the claim is registered and if they are aware of the damage to your car. They I imagine would be very keen to do the repairs to your car themselves and provide a courtesy car whilst yours is off the road as it works out cheaper on average for them as they can control the costs more, whereas your own insurer tends to be like, meh! Even if you stick with your own insurer they may give them an admission of liability that will allow your insurer to waive the excess.
Out of interest who are you insured with and who is the insurer of the stolen car?
If you need anymore advice on this either post her or message me and I'll be more than happy to provide it.
1st payment Oct 2008, last payment Dec 2013. Certificate received March 2015 due to PPI claim.
I had an uninsured/no licence person smash into my car a couple of years back, and my insurers would not payout ( even though I had cover in place to cover this ).
Started IVA 27th Feb 2012 - Due to complete 27th Jan 2018 !!
Full & Final submitted and accepted 30th March 2015, paid 10th April 2015 - 3 yrs 1 month into IVA
Completion Certificate received- 30th April 2015!!
