If I settle a car insurance claim 50/50 will the named driver and policy holder both loose their no claims?

Question

Had an accident in August, insurance companies want to go 50/50 as the man that hit us is a liar. A named driver was driving at the time of the accident, so would the named driver and the policy holder both loose their no claims bonus?

Answer 1

No - only you (and the liar) will lose their no claims bonus as the claim is being made on your policy.

The named driver will have to declare that they were involved in an accident to his insurers (as soon as possible) if they have their own insurance policy, or should they take out insurance - for the next three years,

Answer 2

When determining fault, the damage on each of the vehicles has more weight than a statement from one of the parties. More likely, there's some confusion about fault on your part.

Anyway, a listed operator does NOT get a "loss free" status. Only the policyholder, and only if the policy pays out.

So, in some states, a 50/50 fault decision means each company pays half the damage to the other guy; in others, it means that neither company pays out any property damage, and it's up to you if you want to put in a collision claim and pay your deductible.

Some states will allow a surcharge if a driver is 50% or MORE at fault for an accident, some require a driver to be at least 51% at fault. So, the answer to both of your questions depends on your state, and the state law.

Ask your agent, they'll know.

Answer 3

Subject to No Claims Insurance protection the policy holder will. I don't know about the named driver driving on the owners policy

Answer 4

If you don't have protected NCD the policyholders of each vehicle will take a hit on the bonus. You will also have to settle each others excesses for 50% and other uninsured losses.

xxR

Answer 5

You'll need to speak to your Insurance Company. Each one has different policies.