As a matter of fact a new trend of customizing vehicles has rapidly become a distinct fad in our country. Partially due to the popularity of numerous TV shows that highlight the most radical and impressive customization projects that turn typical car models into unique rides and partially because of the common strive for individuality in the modern world filled with mass-produced objects that look all the same, customization has become very popular. Yet with all the bells and whistles that a trip to the custom shop will deliver there’s a little bit of a headache also involved. And it’s not the bill, although it can get a good bite of your wallet. We’re talking about car insurance, which can become a problem right from the moment you put a custom spoiler on your car.
Though you may not know about it a minor customization can cause problems with your auto insurance and put you in risk of being denied coverage altogether when filing a claim. Sure this seems unfair from the customer’s point of view but let’s get to the other side and take a look at the situation from the insurer’s perspective. When you get car insurance quotes for a particular car make and model the insurer uses a lot of different factors as well as statistical data to calculate the costs of insuring your particular car and the odds of you filing a claim. This is done to give you car insurance quotes that will fully reflect the insurance company’s interests. The costs of insuring your strongly rely on repair costs the repair shop which the insurer works will give for a particular car. These costs are based on the factory setup and will replace the broken parts with the original or OEM ones.
Possible problesm with insurace for custom cars
So what happens when you decide to tune up your ride with new wheels, custom leather seats, engine improvements or a fad stereo system that costs several thousand dollars? From the insurer’s point of view you simply breach the provisions of the policy by altering the actual market value of the vehicles and also change the risk factor involved. This is especially true if you’ve altered the dynamics of your car by making it faster or otherwise change its performance on the road. And don’t forget that the custom parts usually cost more than the default ones so you won’t be able to replace them were your car damaged. So it simply looks like getting a contract for one car and delivering another one to the repair shop instead. No wonder why insurance companies will gladly accept customized autos.
Well, we do not say you’ll always have problems with customizing your car from the insurance perspective. You’ll just have to inform your insurer about all the changes, even the minor ones, you perform on your car in order to recalculate your quotes and rates. As long as the company has accurate data on your vehicle you won’t have the risk of being denied coverage in case of an accident after customization has been performed. Simple as that.