Modified cars are vehicles that have been altered from their original factory condition. Some car owners install modifications for aesthetic and performance purposes, while others do it as a hobby. Regardless of the reason, having a modified car comes with a unique set of challenges, especially when it comes to obtaining insurance coverage.
What is Modified Car Insurance?
Modified car insurance is an insurance policy specifically designed for cars that have been altered from their original factory condition. It covers damages to the car and any injuries sustained in an accident involving the modified vehicle.
Normal car insurance policies may not provide enough coverage for a modified car, as the modifications can increase the car’s value and repair costs. In addition, modifications can also affect how the car handles on the road, which increases the risk of an accident.
That’s why it’s important to have a modified car insurance policy that specifically addresses the unique needs of a modified car owner.
What Are Some Examples of Modified Cars?
Modified cars come in all shapes and sizes. Here are some common examples:
Modifications to the car’s exterior, such as spoilers, side skirts, and bumpers.
Modifications to the engine, exhaust system, suspension, and brakes.
Changes to the car’s interior, such as new seats, steering wheels, and audio systems.
Why Do You Need Modified Car Insurance?
If you have a modified car, you need modified car insurance because standard insurance policies may not provide enough coverage for a modified vehicle.
Modifications can increase the value of a car, which means that repair costs can be higher in the event of an accident. Furthermore, modifications can affect how the car handles on the road, which can make it more difficult to control and increase the risk of an accident.
Having modified car insurance protects you financially and legally in case of an accident.
What Happens If You Don’t Have Modified Car Insurance?
If you don’t have modified car insurance and you’re involved in an accident, your standard insurance policy may not cover the full cost of the damages.
Furthermore, if your modifications aren’t covered under your standard policy, you may be held liable for any damages or injuries caused by your modified car. This can be financially devastating, especially if the damages are significant.
How to Get Modified Car Insurance?
Getting modified car insurance is similar to getting regular car insurance. Here are the steps:
Step 1: Find an Insurance Provider That Offers Modified Car Insurance
Not all insurance providers offer modified car insurance, so it’s important to do your research and find a provider that does.
Some insurance providers specialize in modified car insurance, while others may offer it as an add-on to their existing policies.
Step 2: Provide Information About Your Car and Modifications
When applying for modified car insurance, you’ll need to provide information about your car and its modifications. This includes details about the modifications, such as what they are and when they were installed.
You’ll also need to provide information about the car’s make, model, and year, as well as your driving history.
Step 3: Get Quotes and Compare Policies
Once you’ve provided all the necessary information, you can start getting quotes and comparing policies. This will help you find the best coverage at the most affordable price.
Step 4: Purchase Your Policy
Once you’ve found the right policy for your needs, you can purchase it and start enjoying the peace of mind that comes with knowing your modified car is protected.
What Does Modified Car Insurance Cover?
Modified car insurance covers damages to your car and any injuries sustained in an accident involving the modified vehicle. This includes:
- Collision coverage: Covers damages to your vehicle in the event of a collision.
- Liability coverage: Covers damages and injuries to other people and their property in the event of an accident where you are at fault.
- Comprehensive coverage: Covers damages to your vehicle that are not caused by a collision, such as theft, vandalism, or natural disasters.
- Uninsured motorist coverage: Covers damages caused by an uninsured driver.
The specifics of your coverage will depend on the policy you choose and the modifications made to your car.
What is Not Covered by Modified Car Insurance?
There are some things that are not covered by modified car insurance. These include:
- Illegal modifications: Modifications that are not legal or approved by the vehicle manufacturer or government are not covered.
- Racing: If you use your modified car for racing or other competitive events, it may not be covered.
- Mechanical Issues: Mechanical issues and wear and tear are not covered by car insurance, modified or otherwise.
How Much Does Modified Car Insurance Cost?
The cost of modified car insurance varies based on several factors, including:
- The make, model, and year of your car
- The modifications made to your car
- Your driving history
- The amount of coverage you need
Generally speaking, modified car insurance tends to be more expensive than standard car insurance, as there is a higher risk of an accident or damage to the car.
Having a modified car can be a fun and rewarding experience, but it also comes with unique challenges. That’s why it’s important to have modified car insurance that provides adequate coverage for your vehicle and its modifications.
By following the steps outlined above and working with a reputable insurance provider, you can find the right modified car insurance policy for your needs and enjoy the peace of mind that comes with knowing you’re protected.