Cars are Cat B on your driving licence BTW. Just to add some more confusion.
What does cat B mean for a crashed car?
It's also up to the insured party to inform the insurer of anything that may affect the policy e.g. a car being written off mid-policy
Not so - the FSA (now the FCA)decided that a person buying insurance in a personal capacity could not reasonably know what a material fact may or may not be (material fact = a fact that would influence the decision of a prudent underwriter whether and on what basis to offer terms).
They therefore put the onus on the insurers to ask any questions that they deem to be material at the quotation stage. Insurers cannot refuse to pay out if they discover a material fact if they a) did not ask the question and / or b) if they did that it was answered truthfully or if the answer was ambiguous did not seek to clarify.
There is no longer an onus for a buyer of personal lines insurance to volunteer material information on the basis they may not know whether it is material or not.
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