suspended licence + insurance

thecook · Post by **thecook** » Fri May 14, 2004 3:38 am

if your licence is suspended, should u let your insurance company know? or should u continue as if nothing has happend? of course u dont drive, but maybe your family or friends want to drive your car...

because i remember when i signed up to get my car insured first time, they asked about my driving history, including whether or not i have had traffic infringements, suspended licence etc

so do you NEED to tell the insurance company that your licence got suspended, even though u didnt make any claims/drive/have accident during your suspension period...

FTO338 · Post by **FTO338** » Fri May 14, 2004 10:41 am

You don't have to tell your insurance buddy

thecook · Post by **thecook** » Fri May 14, 2004 11:40 am

thanks for that kevin

, thats what my dad said but i didnt believe him lol

ruchi · Post by **ruchi** » Fri May 14, 2004 12:36 pm

I would suggest you read the "Duty of Disclosure" section on your policy and see what your obligations are. You may find it is a requirement when your renewal comes up.

The last thing you ever want to do is give an insurance company a way out of not having to pay your claim.

Teania · Post by **Teania** » Fri May 14, 2004 12:39 pm

too true Ruchi... with mine I have to fill out a form each renenwal advising if I have had "incidents" during the year - eg speeding fines etc.....

Cheers
Tanya

payaya · Post by **payaya** » Sat May 15, 2004 8:18 pm

FTO338 wrote:You don't have to tell your insurance buddy

you do! if you dont, you claim and they see you have a drving record they didnt know about, goodbye claim.

Also you only have to tell them if its within three years, outside that, you dont.

FTO338 · Post by **FTO338** » Sun May 16, 2004 11:26 am

I guess i was wrong then Kirby, sorry mate.

But I never had a problem with any insurance claim, even my licence was suspended twice within 3yrs of the claim (yeah all those night dragging, especially with the cops

)

But i was driving company cars for 8yrs, so i guess pesonal records doesn't apply to company vehicles.

ruchi · Post by **ruchi** » Sun May 16, 2004 12:45 pm

The key is to read the "Duty of Disclosure". Not all insurance companies are the same and you may find with some you don't have to report it, but for most you will. As to whether you need to report it straight away or at your next renewal will also be outlined in the Duty of Disclosure.

It's generally not an issue if you fail to tell them and you have accidents that are not your fault, as it will be the other party paying up. But if you have a claim that is suspicious or rather large, and it's your fault, then they'll look at every avenue they have to not have to pay out, and this is where not disclosing this info to them can be a problem.

Your premium might go up slightly because of what has happened to you, but at least you'll know that you're properly covered.