In the United Kingdom, 50/50 insurance claims are a common occurrence when it comes to determining who is at fault in an accident. This type of claim refers to a situation where both parties involved in the accident share an equal amount of responsibility. But who pays for what in such cases?
When it comes to a 50/50 insurance claim, each party is responsible for their own damages. This means that you will need to cover the cost of repairing your vehicle, while the other party will be responsible for their own repairs. Both parties will also have to bear the burden of the excess on their insurance policy.
The logic behind this type of claim is that each driver has contributed equally to the accident, and therefore should be responsible for their own costs. It is important to note that a 50/50 claim can impact your insurance premium, as you will still be considered partially at fault.
Here are some frequently asked questions regarding 50/50 insurance claims in the UK:
1. What happens if the other driver is uninsured?
If the other driver is uninsured or cannot be traced, you can make a claim through the Motor Insurers’ Bureau (MIB).
2. Can I dispute a 50/50 claim?
Yes, you can dispute a 50/50 claim if you believe the other party is primarily at fault. However, disputing a claim can be a lengthy and expensive process.
3. Will my no-claims bonus be affected?
Yes, your no-claims bonus will be affected as you will still be considered partially at fault for the accident.
4. Will my insurance premium increase?
Yes, your insurance premium is likely to increase as a result of a 50/50 claim.
5. Can I claim for personal injury?
Yes, you can still claim for personal injury, but it will be handled separately from the 50/50 claim.
6. Can I hire a solicitor to handle my claim?
Yes, you can hire a solicitor to handle your claim, but it is not mandatory.
7. How long do I have to make a claim?
You usually have three years from the date of the accident to make a claim, but it is best to do so as soon as possible.
Navigating a 50/50 insurance claim can be complex, so it is always advisable to seek professional advice to ensure you understand your rights and responsibilities.