polak182

what if you got an engine swap? Can you say ur old motor died and the H22 you found in the scrap yard was cheaper than a new D16Y8? :P

imported_starboy869

it's night of the living thread :P

4yrs old

imported_Green_Goblin

Grrrrrreat...just what I was worried about...

Im with statefarm as well, and my broker has asked me twice about my mods and Ive alwayz tried to answer him wisely...like I dont really have any real engine mods...its just the paint, kit, and seats...I dont mention the coils cuz he doesnt need to know...

Ive given him the book value of my car to insure me on but on top of that I told him I had other "equipment" in it that brought the price up to my cars real value... I told him I had expensive seats so thas easily added like 1500.

Great...now Im worried...my broker hasnt seen my car...but I dont want it to come down to me needing to make a claim and once they finally see my car they just simply say no....

Im 20 goin on 21 in june on G2 paying about 260 for full coverage.

Btw I think the monthly rate varies from person to person cuz of what your broker thinks your car is worth...

Damn man....I really dont want to be left without insurance...its one thing to keep up with the payments every month but its another to be hassled to run around looking for a new company...

!!!****!!!!

marker

Your agent has explicitly asked, and you have explictly lied to him. Not telling is the same as misrepresentation which is the same as deception as far as the Compulsory Insurance Act is concerned.

Because of that, and especially because they explictly asked about mods, they could easily cancel you and tell you to take a hike if you are ever in an accident and try to make a claim.

On top of that, insurance companies share information with each other. Once you are cancelled for misrepresentation, you are considered high risk to ALL other insurance companies.

That means if you can find someone willing to insure you, you face an automatic 100% insurance surcharge on top of what your regular rate would be for the next 5 to 7 years.

It's one thing to "forget" to tell. It's another to blatantly lie to them when asked a direct question. One they may "forgive" a bit, but the other will earn you insurance death.

imported_Moe_Mentum

I am with Allstate right now, and I am pretty sure I have heard their policy about dropping modified car owners. My gf's dad is my insurer and regional manager. I would ask him but I am afraid he'll drop me as well! He sees me car all the time though and I know he knows its slightly modified. Bodykit atleast. So far he hasn't said anything. But I would really like to know what they consider a "modified" Vehicle.

Luder1998

i recently got insured by economical about 3 weeks ago and they dropped me yesterday because they found out that it had a cold air intake and was lowered. The previous owner had problems insuring the vehicle but they still insured it for a year, because he knew the broker and pulled a few strings.
So right now i have NO insurance, wtf.
What insurance compnay is next??????

Jay P

droppedatbrith is with a high risk insurance company that will insure modded cars..but be prepared to pay...on the bright side...your insured.

Xscorpio

i got mine done, but i told them i have no mods. they never looked under my hood, and asked me about audio, and i said its around 600 i think and i dont want it to be insured.

and i am paying 385/mth

i am 22 with 3 speeding tickets and 3 major accidents (all 3 cars right off) and not a single point off license.

Xscorpio

PS: just got myself an "improper muffler ticket"

sweet

imported_Green_Goblin

Well Marker...he specifically said "have you done anything to the engine to go faster?" and I said "no, Ive just done stuff to make it LOOK better, like body kit, paintjob and rims.." and he was like "oh, yea lil things like that I'll let go, as long as you dont do anything to make the car go faster...if you do, just give me a call b4 you invest in it"

It was a very short and quick convo, its not like he sat down and asked me to list everything. And I told him whatever off the top of my head.

So thas why I dont feel that I technically lied to him, cuz I still have a stock Si engine.

marker

Let's see, you said...


Suspension changes are considered a performance modification and you haven't disclosed it. That's enough to warrant cancelling your policy and refusing any claim you may make in future.

Trying to gloss it over by saying you haven't "technically" lied doesn't cut it. The onus is on YOU to make full and honest disclosure of material modifications to your car. It's not up to a broker to play 20 questions with you trying to pry out what you have or have not done.

electronblue

iTrader: (1)

Remember marker is not judging you, we get so defensive as a group when it comes to modifications and law. It is not us against them, they are making observations to increased risk on your policy, without disclosure how can one expect to evaluate risk appropriately.

Take what marker says as information, information allowing you to understand and work with other parties in contract.

Nova_Dust

I don't see the big deal, you modify your car and if it gets damaged, replace it with cheaper OEM parts, so you take the lost.

If it gets stolen, just get the blue book value and again, you take the lost.

Why can't they insure the car as if it was a stock car? Basically, not insuring the modified components. So if a door is damaged, then replace the same factory door; if your aftermarket wheels got stolen, replace it with OEM steelies.

marker

The problem is not just the replacement cost of non-stock mod parts. When you add non-stock parts to your car, you potentially do a number of things that affect the risk potential that the car represents to the insurance company.

The obvious one is increased performance potential. Maybe it's the additional performance, or maybe it's the driving attitudes found in people who gravitate towards higher performance cars, or both, but increased performance potential often translates into higher accident rates and claims experience.

That increased risk is one reason why performance cars often carry a higer insurance premium. A stock Honda Civic doesn't carry the same performance claims baggage of say, a Mustang or Camaro. But as soon as you start modifying your Honda for more potential, now you're creeping away from econobox transportation and more towards performance car potential, and that in turn translates to higher insurance risk exposure.

The less obvious one is what happens to a car's handling and structural integrity when you start changing parts out.

You throw on an intake, maybe headers, maybe an agressivecam to increase power so now your car can go faster. But you haven't upgraded the braking or handling system to be commensurate with the added power.

You change suspension bits, stiffer shocks, maybe coil-overs, anti-roll bars, cut springs, and think you've "improved" the handling on your car. But what you have now is a car with a suspension set-up that is potentially uncontrollable on anything but dead-smooth surfaces.

You upgrade your brakes, but you really ave little to no clue how to balance such a system.

Or maybe you can do all of the above to a reasonable degree, but how does one that get verified short of a complete engineering analysis of the entire car as a whole? Don';t confuse a certification safety check for being a proper engineering study - they are worlds apart.

These things increase risk of accident to you, but because your car has to be insured, it also increases risk to the insurance companies that will have to pay out if you do have an accident.

They do have a right to know anything you do to your car that may change the risk factor posed by that car, and adjust rates accordingly. They also have teh right to say that modification X raises risks to an unacceptable level. Then it's up to you to find a company that will insure cars with that type of mod, or go back to stock.

And if you think you can screw them, well, maybe you can. If you are successful, how far ahead are you really? But if you lose, like as in having a accident causing serious damage and injury and then having them say "we won;t pay", how far ahead are you then?

projecteg

my opinion. go to dis insurance in whitby. ask for amanda. shes wicked. she gave me endless quotes in my journey of buying cars.
she never asks anything about my cars. nor does the company come to take pictures. if someone does decide to come look at it. take a few days. revert back to stock. let the insurance companies look at a stock car. and then put it back to modded again.
costly yes if you do not know how to do this.
lies. technically not, they are asking at the current time if you have performance mods, not two days before or two days into the future.

shlammed

hahhaa

state farm is the ENEMY

Cynikal.Mindset

yea and you're supposed to inform them after if you modify the car...so then what happens when your wreck your car and they go to see it at the impound lot and its not as stated and deny your claim? guess your up ***** creek without a paddle aren't ya...you guys can be sneaky and thing u are winning and infact you might win a few battles but when it comes down to it ur gonna pay the ultimate price

imported_egb18c

so those of you out there with mods such as rims, suspension, motor swap, intake, headers, exhaust, stereo, etc. that are fully disclosed to your insurance company .... what are you guys paying?

CRXlover

99 percent of ontario insurance companies will drop you on the spot for mods now. Only we have this problem, the states have cheap insurance and they dont get dropped for modified cars. I got dropped, perfect driving record for 6 years and now have to pay over 300 a month, **** insurance companies, ontario insurance companies = scamming bitches. I pay more money than some kid in an m3 that has wrecked his car.

chartinael

Well, in Germany you do not ge dropped from insurance if your car is modded. However, we have laws regulating modifications meaning everything we change has to be engineered. So if we put on new wheels, we need an ABE for that particular chassis, aftermarket brake rotors, brake pads you need an ABE. Lights, lips, spoilers ... only if it has an ABE, exhaust, midpipe, header ... ABE only. If you don't have an ABE you need an expertise and go to the TÜV which will either give it a go or tell you it is unsafe for traffic. If you are in an accident and you have a car without engineered aftermarket parts/modifications you are in big doo-doo as the insurance will not cover. Necessary is a lawyer in that situation as it needs to be ascertained that the non-engineered part was the cause of the accident but lawyer cost is high and it certainly means less hassle to get things engineered although it does appear to hasslesome to run to the TÜV all the time when you ie change the shiftknob.

kristin