[MagicGentleman]

Hello, I was involved in an accident that I was not responsible for.
I stopped properly at a red light and the car behind me hit my van the accident took place during my working hours and a company car was hit, the incident was reported to my employer and he dealt with the whole matter via solicitor
My boss said it won't affect my insurance but I wonder if it really does

[TC1474]

When a vehicle runs into the back of another it is called strict liability which means that the driver that ran into the back of you is held 100% liable unless it can be proved that you did something to contribute to the cause of the crash for example in cash for crash scams.

So your boss is right to a point in that it should not have any affect on future policies although you will need to declare it for the next 5 years even though it occurred in a company vehicle as insurance companies require you to declare ANY crashes regardless of what status your vehicle might be (company or private).

But...... Insurance companies are a law onto themselves and whilst they should not load your premiums in the future, they have been known to do so because it is all about profits.

Some will disregard it, others may deem you as being a higher risk even though it was a non fault.

All you can do is see what they quote in the future and if needs be shop around.

[feri865]

Originally Posted by MagicGentleman

Hello, I was involved in an accident that I was not responsible for.
I stopped properly at a red light and the car behind me hit my van the accident took place during my working hours and a company car was hit, the incident was reported to my employer and he dealt with the whole matter via solicitor
My boss said it won't affect my insurance but I wonder if it really does

While your boss may say it won't affect your insurance, it's important to understand that your personal auto insurance could still be impacted by an accident involving a company car. Here's why:

At-Fault Accidents: Even if you weren't at fault for the accident, being involved in any collision can potentially raise your insurance premiums. Insurance companies may view it as an increased risk, even if you weren't the one who caused the accident.
Company Car Policy: If you were using the company car for personal reasons at the time of the accident, your personal insurance may be the primary coverage. This could significantly impact your rates.
Driving Record: The accident will be reported to the relevant motor vehicle department, which may appear on your driving record. This can affect your insurance rates, even if the accident didn't involve your personal vehicle.
To get a clear picture:

Review Your Company's Policy: Understand the company's policy regarding accidents involving company vehicles. Does it cover all situations, or are there exclusions?
Contact Your Insurance Agent: Discuss the accident with your personal auto insurance agent. Explain the situation and ask how it might affect your premiums. They can review your policy and provide specific guidance.
Disclaimer: This information is for general knowledge and guidance only. It does not constitute legal or financial advice.