Legal requirement to report accident to Insurer?

Moderators: Reflections, admin, hwybear, Radar Identified, Decatur, bend

Marquisse
Member
Member
Posts: 139
Joined:

Unread post by Marquisse on

I'm still having problems with getting on. It won't let me access the site because it's personal data storage and backup. I'll email you because it would be great to put this powerpoint presentation up for others. Thanks for offering.


User avatar
Squishy
Sr. Member
Sr. Member
Posts: 709
Joined:
Location: Orillia
Contact:

Unread post by Squishy on

A hit-and-run accident with no suspect counts as a claim against your comprehensive coverage and will affect your rates. Any claim where you are ruled 0% at-fault will go under DCPD coverage and does not affect your rate. In RI's case, insurance would have covered under DCPD if he had witnessed the collision, taken down the plate, and filed a police report (the police report isn't completely necessary, but it does help the process). Without any identifying information, the claim goes under comprehensive and does affect rates.

As for reporting minor collisions, it's tricky. I don't think you are legally obligated to report them to your insurance company, though you do have to adhere to what is set out in your policy. The tricky part is if the other party decides to report it. Their insurance company will contact yours, which will have no record of a collision. This makes it very easy to claim that you were 100% at-fault, and may even be grounds for cancellation depending on the company.
         Image


User avatar
Radar Identified
Moderator
Moderator
Posts: 2881
Joined:
Location: Toronto

Moderator

Unread post by Radar Identified on

Squishy wrote:A hit-and-run accident with no suspect counts as a claim against your comprehensive coverage and will affect your rates. Any claim where you are ruled 0% at-fault will go under DCPD coverage and does not affect your rate. In RI's case, insurance would have covered under DCPD if he had witnessed the collision, taken down the plate, and filed a police report (the police report isn't completely necessary, but it does help the process). Without any identifying information, the claim goes under comprehensive and does affect rates.
Bit of a late reply from me... but thanks for clearing that up, Squishy. Anyway, the auto body shop did a good job on the repairs and it looks like a brand new car. :D




* The above is NOT legal advice. By acting on anything I have said, you assume responsibility for any outcome and consequences. *
http://www.OntarioTicket.com OR http://www.OHTA.ca


Post Reply

Return to “General Talk”