Modified Car Insurance
Your car is one of the few mobile assets you will ever own, we understand that you want to make it look good. However, aesthetics and elegance shouldn’t make you pay ridiculous amounts in insurance premiums. We are here to help you compare modified car insurance.
Even though modifications to your vehicle might make it look & perform better, standard insurance companies do not care about that. If an accident occurs, you might incur heavy costs for the modifications you make.
Why do You Need Modified Car Insurance?
You should understand that standard insurance covers your car as at when it was insured. This implies that the modifications are not included in the conventional car insurance. With time, you might decide to add tire rims, body paint, tinted glasses etc. to boost the performance. If an accident occurs, however, you will bear the brunt of added enhancements alone.
Why? This is because Car insurance companies strictly adhere to the terms of their agreement. If the agreement was to pay for the repainting of a yellow gloss Sedan they are legally allowed to refuse payment if your sedan was modified to have a red color.
Many times, this is because modifications often increase the theft value, or increase the risk associated with driving the vehicle. For example, a car with sweet alloy rims or new paint job looks more appealing to a car thief, doesn’t it? This is what brought about insurance for modified cars. However, when you compare cheap modified car insurance, you will identify the suitable insurance plan for your vehicle.
To prevent any action which will render your cover void, you should get modified car insurance. When you return to your insurer, table every new modification you have in mind before you implement the modification. This way, you can know if it fits their requirement or not.