If you are involved in a car accident, you should notify your insurance provider as soon as possible.
Some insurers specify how long you have to report an accident. For example, some may require you to report all accidents, no matter how small, within 24 hours of the incident. For more information, consult your auto insurance policy document.
everything to do after a car accident
The government sets clear guidelines for your legal responsibilities after a car accident.
In short, you must provide your data to anyone who has “reasonable grounds for requesting it.” and this includes your insurance company, along with anyone else involved in the incident.
If you are unable to exchange details with others at the time of the accident, you must inform the police within 24 hours.
You can read our complete guide on what to do after a car accident here.
Most importantly, the sooner you report a claim, the sooner the insurer can take the necessary steps to deal with any claims that may arise. For the insurer, speed of action is vital, as generally the faster the claim can be processed, the lower the cost, and that will help keep premiums down.
What will happen if I don’t report the accident to the police?
Failure to report an accident is a criminal offense. If you leave the scene of the accident without leaving your details and then fail to report it to the police within 24 hours, you could receive a hefty fine and points on your license. You can also face a custodial sentence.
What will happen if I don’t report the accident to my insurer?
Always tell your insurance company if you’re involved in an accident, no matter how minor, even if you don’t intend to file a claim. not informing them could have repercussions on your insurance, it can even be canceled. and if a claim is filed against you, by failing to report the accident to your insurer, the insurer may recover any payments owed to you.
A canceled insurance policy will remain on your record for the rest of your life. In the future, you may find it more difficult to get insurance as some insurers may refuse to cover you. or if they do, they may charge you a significantly higher premium.
so don’t risk it.
Will reporting an accident affect my no-claim discount?
By reporting the accident, you can make it clear to your insurer that you do not intend to file a claim.
This way, depending on the type of incident, you may be able to keep your no-claim discount.
then you would have to take care of the repairs yourself, of course. but the cost of losing your no-claim bonus could be much higher than the cost of repairs.
If the accident was your fault, your insurer can still raise your premium when it’s time to renew. This is because by causing an accident, your insurer will consider you a higher risk driver. so they may charge you higher premiums to cover the higher risk.
With this in mind, you may feel reluctant to report the accident to your insurers. but in reality, you have no choice. you just have to do it.
remember that there will be other insurers or companies involved in the accident. the other driver may choose to make a claim on your policy, even if you don’t make one on yours. and if they do, your insurer will likely contact your insurer.
so even if you don’t tell your insurer about the incident, they may still find out! And as we said before, they may consider her failure to report the accident as a reason to cancel her policy.
trust us: it’s really, really not worth the risk. be sure to report all accidents to your insurer, no matter how small.
For more information, please refer to your policy wording document.