Modified Car Insurance Coverage

There are many things you can alter on an automobile and many motorists want to put a personal stamp on it. Some of these are minor and is not important as far as companies are concerned. However, you may need special adjustments on insurance for modified vehicles before driving around with it. Let’s have a look at a few of them and other points to mind when smartening a ride up.

Is It Easy to Find Insurance for Modified Cars?

Many people would fear that premiums may increase a lot and refrain from discussing it over with agents. But they should consider possible consequences of a claim not being paid due to failing to report materially significant fact. They can always argue that they should have known and take a view on continuing the coverage or dropping it at the next renewal.

You may be right to worry that rates may go up a bit. However, most of them deal with street rods, lowriders or tuners pretty often and capable of pricing them fairly. You may need to find specialist vehicle insurers only when you made substantial and very specific customizations that affect the performance of the vehicle a lot.

A good example is installing a racing engine to an otherwise modest car. This is likely to cause a serious problem if they don’t know about it. A faster auto means more chance of causing accidents and higher risk. Other examples include ram bar, which can also cause more damages to third party autos. Whatever works carried out, it is safer to arrange proper coverage even it means paying a little bit more premium, rather than taking chances. Being properly protected is always better for your peace of mind too.

Modified Auto Insurance Quotes

If you have received a few quotes before, you probably noticed that some carriers don’t like fast autos even when they aren’t altered. But when you don’t tell about the modifications made you are not only risking your investment on the work but also on the whole car.

Insurers can refuse a claim if they determine that main cause of it was the work done. So, make sure to disclose all the changes made on a vehicle.

As mentioned above, check with specialists by all means but don’t ignore mainstream companies. Most of them can provide certain level of coverage (as much as $5,000) for the following customized parts and equipment:

  • Stereo or sound equipment, radios and scanners
  • Computerized gadgets, inbuilt GPS, phones, TVs and video systems
  • Body, engine, exhaust, or suspension enhancers
  • Custom grilles, louvers, side pipes and spoilers
  • Alloy wheels, tires and spinners
  • Paints, murals and graphics
  • Expensive carpeting or insulation
  • Height-extending roofs
  • Furniture or bars

Costly installations, substantial works and class changing engine replacements may require endorsements on the existing policy, which wouldn’t be particularly difficult. Just that it must be done properly and you see it there in black and white. This leaves no room for interpretation and you won’t be blamed for hiding anything.  Otherwise, feel free to get a few quotes from companies on our panel that can include most of those listed above on your policy.

Other Points to Note for Better Rates

  1. You should discuss your plans with the agent or talk to them hypothetically before going ahead with it. They can point you in the right direction and prevent you from making it hard to insure. Perhaps, a slight change in the original plans can still get you what you want and keep the premiums low.
  2. You need to find a reputable garage to carry it out. This is also essential for safety. You don’t want shady mechanics doing shoddy job on a vehicle that will carry you and the family.
  3. You need to make sure that it is inspected by the right authorities and approved road-wordy. This is essential after serious body works.
  4. Also, it is always advisable to keep invoices and inspection certificates just in case you may need to show them in the future to prove the value of the improvements. They usually ask for them at the time but they may not bother as well. It doesn’t mean that they won’t check after a claim.
  5. Perhaps it is best to coincide them with the renewal, just in case they don’t like it and you need to find replacement coverage. Switching is easier at the end of the term with no hassle with cancellations.
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