What You Should Not Forget About Modified Car Insurance
This section deals with some important points that people often miss regarding their modified car insurance. To start with, one should never ignore the instructions with any car insurance that call for immediate informing to the insurer about any modification or tuning of the car.
You are better off keeping in touch with your insurance agent, so that your car may remain under cover even after you get it modified. As the insurance was originally bought for the original make, and the premiums are calculated on the risks involved with the different models as the insurance company rates them; incorporation of any changes may invite to revised premiums, but it is still better in order to keep your car covered.
Informing to the insurer about any changes you perform in your car is part of the terms you readily sign at the time of buying the insurance. The insurers are more concerned to it as they want to make sure the changes in car wouldn’t raise the risk of accidents as well as it being stolen.
What is required further is keeping a copy of your correspondence with you, which you make to notify the insurer about the changes in your car. Also, store the received mails safely.
Make sure that you have bought a car insurance that allows changes in your car. It may be associated with revision of premiums. If it is not so, your insurance may go invalid with any modification. Even the insurance company may claim reimbursement on a later date, after paying you a compensation for the conditions deemed covered.
Do mention every modification with exact specifications, but with a positive tone. Don’t forget, for example, to mention if the added parts bear a guarantee against malfunctioning. Do mention what benefit your car will have with the modification. It is always easy to state this, because you make changes in your car after due consideration.
Any pricey alloy wheel to improve your driving experience also adds to the risk of it being stolen. So, it is likely to add to your modified car insurance premiums.
But, on the other hand any improvement in your engine that will raise its pick up is least likely to result in increased premiums provided it doesn’t bring in any inherent technological shortcomings to result in risks of accidents.
In nut shell, if you go for car tuning for better driving and not for childish show off; you are covered for the same premiums. Car tuning shows your care for your car anyways and insurers do take it into account. Still, you have to inform the changes to insurer as a rule.