nightcrawler7188

nice. i know of your situation, but there seems to be mixed results here...

i'll keep checking back here.

sweetj

Some insurance companies include it without actually telling them. I have Allstate and before I had the mods I asked about them.. and they said a certain amount was covered.

animeS2K

Assuming the other person is, in fact, insured.

I'd want the coverage on my own policy just in case. And notifying your insurance company in the event of an at-fault accident (the other party's fault) is not a bad idea. Your insurance company can go after theirs if need be. And you can sometimes get stuff started more quickly by having your insurance get the ball rolling and collect from the other person's insurance company.

Revenuer

A friend's daughter was recently involved in an accident that was the other person's fault. She had an Integra that she had put a lot of money into. Unfortunately for her the other person's insurance company simply totaled the car out at what an Integra of that vintage went for. The value of the vehicle totaled out was much less than the value of the parts she had installed. She ended up buying the wreck back from the insurance company for about $500 and has been parting it out to recoup some of her $$.

Based solely upon her experience I would have to guess that the insurance weasels will find a way out of paying the replacement cost of expensive mods if they exceed their book value of the car.

John

animeS2K

That sounds like a legal case right there.

RioS2k

lets just say we're lucky cause our cars have a good resale value lol i agree with the fact that most companies will check to see how much was done and if it seems like it would be more than the total cost of the vehicle then theyll total it and weasel out of paying more than they need. its a business afterall..cut your losses and move on right? but im guessing if its just like a head unit, or exhaust or bumper theyll fix it. or theyll just give you a new oem bumper lol they really only care that your car is driveable IMO.

nightcrawler7188

hmmm, so to you guys who informed the insurance company of your mods--how much did it increase your rates?

EDIT: right now i am @ $500 every 6 months

animeS2K

I can only see it increasing your rates if you ASK for a rider. It's not like they're going to increase your rates because you have something on the car they're not going to cover anyway.

TheDarkKnight

OEM parts may be a little more expensive. There is a clause in insurance called a aftermarket parts clause. Thats where they may use aftermarket parts (non oem) to fix whats wrong. You may pay the difference. Your premium will not go up because you have mods on your vehicle. You should always call the insurance company and let them know you have new parts on your car.

TheDarkKnight

Remember Va is a at fault state. There are some states out there that are no fault belive it or not. Liability coverage. The state minimums are 25/50/20 PI/PD/UM.