Insurance For Modified Cars

There are insurance companies, which specialize in providing auto insurance for modified vehicles. Try to find out such companies if you want a good insurance for your modified car. With such companies, modifications to your car will make no difference to the price of your insurance.

Different companies can give a wide range of quotes; you need to look for different companies. Premiums vary from company to company. Don’t argue when you contact for a quote. It may only harm you, so just try to negotiate. Don’t hide anything about your car since, hiding makes it all the more difficult to negotiate in the later stages. In case, you face an accident, and the company finds out something you have forgotten to mention, it’s time to say goodbye. Since, it is not likely to pay you at all.

Auto insurance policies come as a package, and covers mainly the costs of physical damage or loss to the vehicle and its accessories in case of accidents or other risks like fire, theft and natural perils. It also covers other liabilities like extended liability towards property damage, vicarious liabilities towards the persons connected with the operation and maintenance of the vehicle.

These days, insurance companies also cover mechanical and electrical breakdowns of vehicles. Because many of the advanced auto parts are imported from abroad, and these are costly. Moreover repairing charges of these advanced vehicles are shooting up. So, the owners don’t want to bear the burden of these high costs. They always need car insurance, which can lighten some burden in any case.

Following are the guidelines you may follow as insurance friendly modifications:

1. Declare everything

2. Ask your insurers how a mod (modification) will affect your premium before you sport it.

3. Any alteration with outer appearance must be declared. Even a tiny rear spoiler can be regarded as a ‘body kit’.

4. Enhancing brakes with better discs seldom makes any difference. They may get a bit nervous only when you go for bigger discs and calipers.

5. You can make change of kits and back boxes. It won’t change premiums but mere mention of ‘chipping’ will make them very nervous and they might even refuse to insure you.

6. Mention any security device you have, alarms, immobilisers, steering locks, rotweillers and trackers.

7. You can change the light system as well. However, you need to answer a lot of questions.

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