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Hi All, I discovered that nowadays, insurance companies will use the number of reported incident you made to price your insurance premium. This is regardless of whether you are at fault or not, or whether any claim is being paid out. As long as you made a report, they will use it to increase your premium. I need to renew my insurance soon, went through an agent to get quote from RSA after declaring that I have an accident 2 years ago. The premium was $9xx. When I decided to renew with them, they pointed out I have made another report last year. Despite telling them that last year incident was not my fault because I was hit by another car from the rear while my car is stopped, and I didn't made a claim against the other party, RSA still increase my premium to $10xx. DA also practise the same method in pricing premium. So the lesson learnt is that if you do not intend to make a claim, do not report the accident even though your inurance company ask you to. You only penalize yourself.