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Old 11-24-2014, 02:34 PM   #1
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Will insurance companies cover heavily modified cars?

Just wondering about people's experiences with this. I have invested a lot into my car and wonder if my insurance company would cover losses regarding modifications if it was ever in an accident.
Thanks!


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Old 11-24-2014, 02:44 PM   #2
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Originally Posted by teabagsax View Post
Just wondering about people's experiences with this. I have invested a lot into my car and wonder if my insurance company would cover losses regarding modifications if it was ever in an accident.
Thanks!


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To be honest, the only answer you are going to get that will mean anything to your particular case is the one given by your specific agent. Other people's experiences will be all over the board, and the positive ones may give you a false sense of security, only to be disappointed later when you actually place a claim. I'm sure your agent will probably want a list of things you have specifically done and go from there.


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Old 11-24-2014, 04:19 PM   #3
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Originally Posted by GrabberMeBlue View Post
To be honest, the only answer you are going to get that will mean anything to your particular case is the one given by your specific agent. Other people's experiences will be all over the board, and the positive ones may give you a false sense of security, only to be disappointed later when you actually place a claim. I'm sure your agent will probably want a list of things you have specifically done and go from there.


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Solid advice. It's also going to vary from company to company. Some offer an allowance for modifications, some dont, some offer supplemental insurance for modifications etc etc.

The best answer is going to come from your company/agent.

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Old 11-24-2014, 05:37 PM   #4
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Sounds good. I'll see what I find out. My insurer is Amica btw.
Thanks!


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Old 11-28-2014, 12:11 AM   #5
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Quote:
Originally Posted by teabagsax View Post
Just wondering about people's experiences with this. I have invested a lot into my car and wonder if my insurance company would cover losses regarding modifications if it was ever in an accident.
Thanks!

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Try the following postings for your question.

1) https://www.lelandwest.com/faq/

2) California Antique, Custom & Classic Car Insurance

3) Modified Car Insurance - MoneySuperMarket

4) https://www.esurance.com/insurance/classic-car

5) Muscle Car Insurance Checklist – What To Know Before You Buy

6) Insuring your collector car – Protecting your investment for a lot less than | Hemmings Daily

Hope these help, if not, back to the search feature in your browser.
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Old 11-28-2014, 12:38 AM   #6
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Most of the time they cover what the car is worth by itself. If you have money in mods you won't get that back. Sometimes you can add mods to insurance, like wheels or such. But good luck getting aftermarket suspension or motor work added into your insurance plan.

If you have a lot of money invested in the car, what most people do is if it is totaled buy it back from the insurance company for cheap and part it out.


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Old 11-28-2014, 10:54 AM   #7
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Yeah I checked with my insurance company out of curiosity. 0 allowance for modifications lol. I may look into Hagerty but I already know it's going to be very expensive.

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Old 11-28-2014, 12:23 PM   #8
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[QUOTE=Soccerluvr4;2131311If you have a lot of money invested in the car, what most people do is if it is totaled buy it back from the insurance company for cheap and part it out.
[/QUOTE]
Or buy another and re-used the parts!
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Old 11-28-2014, 12:46 PM   #9
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My Z28 is covered with everything done to it. Basically if it's stolen, burnt down or totaled, I get a check for the market value of the car along with another check for $7,000+ for the mods on the car. Now, you do need to have receipts for all the aftermarket parts, along with pictures of them on the car. I have everything covered from heads, cam and valve springs to the clutch/transmission/rear end, suspension, wheels, even my nitrous setup is covered.

I have Progressive insurance btw. I also have similar policies on my quads and bikes covering mods.
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