RedRyder
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Ever thought about it? Has anyone looked into, or successfully acquired, insurance coverage for a modified vehicle? Generally it’s not something I thought was worth it, but sometimes you get thinking about how much you’ve put into a vehicle and the thought of losing it all if it got totaled is pretty unpleasant. On one hand, one might hesitate to report anything because they don’t want their premium to go up, but on the other I’ve read that if you get in an accident and had not previously reported that your car has been modified, your coverage in that instance can become null altogether.
So this got me reading, and I found some good info in these links:
http://www.gocompare.com/car-insurance/modified-car-insurance/
https://www.lelandwest.com/reporting-vehicle-modifications-to-car-insurance-company.cfm
https://www.lelandwest.com/are-modifications-covered-by-my-car-insurance.cfm
http://www.dmv.org/insurance/modified-car-insurance-coverage.php
https://www.esurance.com/info/car/myth-modified-car-insurance-is-hard-to-find
The problem is most insurance companies think people who modify their cars are higher risk, because their desire to modify “what should be good enough as is” signifies they are a more reckless, but specialty companies like Hagerty will say that people who put their time and money into their passion are going to be more cautious with their investment. It seems the big factors are how extensive your modifications are, what state you live in, your driving record, and the provider’s policy.
Hagerty and Adrian Flux are two well known speciality insurers for "out of the ordinary" cars. But according to Hagerty’s website they do not insure a daily-use car. So that’s out if your modified vehicle is your daily driver. Adrian Flux appears to provide insurance if you are abroad (they are UK based), but not sure what that could/would translate to. There are probably others, I just haven’t found them yet.
https://www.hagerty.com/Insurance/Classic-Car-Insurance/Does-My-Vehicle-Qualify
https://www.adrianflux.co.uk/modified/
So, what are your thoughts and/or experience with modified car insurance?
So this got me reading, and I found some good info in these links:
http://www.gocompare.com/car-insurance/modified-car-insurance/
https://www.lelandwest.com/reporting-vehicle-modifications-to-car-insurance-company.cfm
https://www.lelandwest.com/are-modifications-covered-by-my-car-insurance.cfm
http://www.dmv.org/insurance/modified-car-insurance-coverage.php
https://www.esurance.com/info/car/myth-modified-car-insurance-is-hard-to-find
The problem is most insurance companies think people who modify their cars are higher risk, because their desire to modify “what should be good enough as is” signifies they are a more reckless, but specialty companies like Hagerty will say that people who put their time and money into their passion are going to be more cautious with their investment. It seems the big factors are how extensive your modifications are, what state you live in, your driving record, and the provider’s policy.
Hagerty and Adrian Flux are two well known speciality insurers for "out of the ordinary" cars. But according to Hagerty’s website they do not insure a daily-use car. So that’s out if your modified vehicle is your daily driver. Adrian Flux appears to provide insurance if you are abroad (they are UK based), but not sure what that could/would translate to. There are probably others, I just haven’t found them yet.
https://www.hagerty.com/Insurance/Classic-Car-Insurance/Does-My-Vehicle-Qualify
https://www.adrianflux.co.uk/modified/
So, what are your thoughts and/or experience with modified car insurance?