Modified Car - Car Insurance

[freddie2020]

Hi,

Have a MK6 GT-TDI - am looking to get a MK7 GTI, and wanting to do some mods.

If the car gets written off, then will only get the market value, and all money putting into mods will be lost

Are there any insurance companies which will pay market value + fixed amount on top.

e.g if car worth 15k and do 5k mods.
Then will pay out the market value, plus an agreed fixed extra (cost of mods)

Thanks
Freddie

Edited by freddie2020 on Thursday 21st September 21:04

Edited by freddie2020 on Thursday 21st September 21:04

[Sensibleboy]

Adrian Flux do like for like on modifications.
They also do agreed value policies. However it's what they agree to, not you!

I'd hate to have to test the value of their policies if it came to the crunch.

[Don1]

Another thumbs up for Adrian Flux here. 4 cars on policy, three modified. Bloody Max Power and impressionable young minds...

[TameRacingDriver]

Used to be with A-Plan, who do this. Always found them pleasant to deal with. However, they were £100 more expensive than the competition this year so I'm with Sterling who offer similar.

They will do what you need, but obviously it'll cost a fair bit more than a policy for a standard car.

[Mr Tidy]

I don't know about getting a higher value for modifications, but I've used both Adrian Flux and Chris Knott to insure modified cars.

[freddie2020]

Ah ok -

Cool many thanks for the suggestions.

[Evil.soup]

Keith Michaels insurance brokers are also worth a phone call, yes, old school ring them up is the only way to get the kind of cover you want really at the right price. I have found them very helpful over the years insuring a modified Impreza.

[Fermit]

An apt thread to pop up on my 'new' subjects. I've just rang AXA to declare some aftermarket stainless exhaust tips (playing safe, so not to risk anything) After a painful 50 minute chat, they've stated it's not a modification on their list, so they can't cover. An utter joke, it's a visual enhancement, no more. Best check if our house is insured with them, incase we ever change the colour of the front door.

[Jamescrs]

Green Light Insurance have always been fairly good with modified cars

[8bit]

I had a fairly heavily modified Seat Leon Cupra R (mk1) for a few years a while back. I used Adrian Flux to insure it for a couple of years, then heard about a company called Need To Insure (clicky). They're a broker and are familiar with getting insurance for modified vehicles, amongst other things. I found them very helpful and it was far easier explaining some of the modifications to them than someone in a call center with very little knowledge of cars at all, let alone modifications etc. I'd use them again without hesitation, give them a shout.

[Fermit]

8bit said:

someone in a call center with very little knowledge of cars at all, let alone modifications etc.

This was very much the case. I was asked 'where do they go' er, the clues in the name, exhaust tips, 'what do they do' er, the same as the old ones, it was all properly computer says no stuff.

[zsdom]

I used to be with Flux but I walked when they stopped being competitive & I didnt enjoy filling out modification list forms so now I’m with Brentacre & have been for the last 5years

[8bit]

Fermit said:

This was very much the case. I was asked 'where do they go' er, the clues in the name, exhaust tips, 'what do they do' er, the same as the old ones, it was all properly computer says no stuff.

I had the same once , can't remember what firm it was but one of the modifications I'd done was an upgraded dump valve (the car had one as standard as it was turbocharged). I got through various modifications, explaining what they were and how they should be categorised, then we got to that and they said "oh no we can't cover you if you've fitted a dump valve to the car." No amount of reasoning made any difference.

[freddie2020]

I guess the situation might be similar to owning a classic car, which goes up in value.

Instead of the market value slowly creeping down overtime, they must be insured for a new increased value each year......

But as a general rule if anybody has any experience, how much more is modified car insurance ?
I am 35 clean license, NCD 5 years - would be about £300-400 full comp on a MK7 GTI before mods

[Dannbodge]

freddie2020 said:

I guess the situation might be similar to owning a classic car, which goes up in value.

Instead of the market value slowly creeping down overtime, they must be insured for a new increased value each year......

But as a general rule if anybody has any experience, how much more is modified car insurance ?
I am 35 clean license, NCD 5 years - would be about £300-400 full comp on a MK7 GTI before mods

Two years ago when I had my ED30, it cost me no more to add my lowering springs, intake and exhaust system
A 70bhp hike in power added a whole £30 a year.
(31 driving since 17 and full ncd) and that was with Admiral. They've always been good with mods but no idea what wouldn't happen it comes to claiming.

On my current 330i, an intake added £10-20 from what I can remember and most wouldn't cover lowering springs.
I even had some companies refuse to quote on the car as standard (which I still struggle to understand)

[jason-fptv1]

Christian Wheatley at Keith Michaels. Great service for mod and non mod. Used him for 25 years. Super chap.

[Evil.soup]

Keith Michaels insurance brokers are also worth a phone call, yes, old school ring them up is the only way to get the kind of cover you want really at the right price. I have found them very helpful over the years insuring a modified Impreza.

[rigga]

Can't remember the name of the guy at Keith Michaels , but again when I had a Impreza he was mustard at sorting out insurance, well worth giving them a ring.

Currently flux gave me a good quote for the mini, so use them. And performance direct gave a good guaranteed value policy for the TVR.

Usual caveat, until you claim, you've no idea how good any of them are.

[Dacks]

I've been insured with Greenlight Insurance for a few years - they don't ask stupid questions about modifications and I always get the cheapest price from them. I've learnt not to waste my time with insurers who don't understand modifications. :-)

[Baldchap]

freddie2020 said:

But as a general rule if anybody has any experience, how much more is modified car insurance ?
I am 35 clean license, NCD 5 years - would be about £300-400 full comp on a MK7 GTI before mods

Our mapped vehicles don't cost a penny more.