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Hi need advise on whether to sign the above letter required by current insurer. I was involved in a chain accident in Apr. My car was the 2nd car in a 3 car/vans pileup. Although my insurance company allowed the 1st car to claim against me (due to insurance companies' agreed protocol for chain accident), I convinced them the accident was not caused by me. In principal, they agreed to return my NCB. The claims from the 1st van is closed and paid/settled. However, they now need me to sign the above undertaking letter there will be no further claims be made to them relating to this chain collision. This will enable them to return the 40% NCB to me. In the event of further claims, I have to return the NCB to them. The claims staff say that the letter of undertaking is to cover the insurance company esp for bodily injury. There is a 3 year window period for them to come back and claim injury expenses. The damage to property (i.e. the 1st van has already claimed) has been settled and therefore no further liabilities should arise. First time I hear of such undertaking requirement... should i sign? Is there any exposure if I do so? thanks.............

Have a query for bros here who reported minor accidents/ incidents to their insurers as required by the stupid new rules : I understand that insurance cos. may ask for an undertaking letter to absolve them of any responsibility in exchange for not deducting your NCD. If the accident was over 1 year ago and the insurer withheld NCD since then, can the insurer still demand such an undertaking letter now as a condition or should they just reinstate the NCD without any further conditions ? The insurer's rep himself admits that chances of claim are v low.