Insurance on Modifications
Discussion
It's about a week old, but I saw this today and couldn't see a thread on it.
Cinch have published how much different mods increase your insurance on average.
https://www.cinch.co.uk/news/most-expensive-car-mo...
Most of them make sense but the one that got me was air filter increased it by 4.5%!
Cinch have published how much different mods increase your insurance on average.
https://www.cinch.co.uk/news/most-expensive-car-mo...
Most of them make sense but the one that got me was air filter increased it by 4.5%!
OverSteery said:
I suspect for an air filer, it's more about the profile of the sort of driver who makes the mod, rather than than actual effect of the mod itself.
That's a good point, I hadn't thought of that. I'm surprised anyone would bother disclosing the air filter though. I wouldn't and I'd like to think I dont for the profile of that sort of driver. I only have 3 points for speeding Josemartinez said:
That's a good point, I hadn't thought of that. I'm surprised anyone would bother disclosing the air filter though. I wouldn't and I'd like to think I dont for the profile of that sort of driver. I only have 3 points for speeding
ah but in a case of a claim the insurers goal is often to make sure they don't pay out so your aftermarket air filter could very easily - 100% actually if found invalidate your insurance and you'd have no pay out.I personally find that those % are BS. Go with an insurance company that specializes in modified cars and you'll be good. My s2000 has over 30 mods declared and price has not increased once.
Its all a bit "Ladybird first book of modifications" isn't it and I guess doesn't link up to what specialist insurers quote, thats just what your Direct Line, Tesco etc will charge (which is mental).
I'm currently with A-Plan for my van (Brentacre before that) and I believe my policy allows visual modifications and performance ones as long as they don't increase power by x% for nothing. Think my policy is about £400 p/a - give or take literally a couple of quid more than it'd be to insure a standard van.
I'm currently with A-Plan for my van (Brentacre before that) and I believe my policy allows visual modifications and performance ones as long as they don't increase power by x% for nothing. Think my policy is about £400 p/a - give or take literally a couple of quid more than it'd be to insure a standard van.
"That's a good point, I hadn't thought of that. I'm surprised anyone would bother disclosing the air filter though. I wouldn't and I'd like to think I dont for the profile of that sort of driver. I only have 3 points for speeding"
Thing is, the vast majority of claims nobody would ever check so you'd get away with it. But if you kill some kid on a crossing he police would be all over your car and they'd find out. First as there'd be a possible prosecution for driving without insurance, second the insurance company would look for any reason at all not to pay out a few £million. So it's the "small risk/high consequence" thing. I'll bet there are thousands of drivers that technically aren't insured because of mods they've done, either 'cos they're not aware they need to notify their insurance company, or because they know it'll put their premium up so they keep it quiet knowing chances are no one will ever know. So it depends how "legit" you want to be. If you'd like the benefit of an old man that seen and learned a lot, always be honest with them, regardless of where it might lead, 'cos if you don't it might lead somewhere a lot worse.
Thing is, the vast majority of claims nobody would ever check so you'd get away with it. But if you kill some kid on a crossing he police would be all over your car and they'd find out. First as there'd be a possible prosecution for driving without insurance, second the insurance company would look for any reason at all not to pay out a few £million. So it's the "small risk/high consequence" thing. I'll bet there are thousands of drivers that technically aren't insured because of mods they've done, either 'cos they're not aware they need to notify their insurance company, or because they know it'll put their premium up so they keep it quiet knowing chances are no one will ever know. So it depends how "legit" you want to be. If you'd like the benefit of an old man that seen and learned a lot, always be honest with them, regardless of where it might lead, 'cos if you don't it might lead somewhere a lot worse.
Josemartinez said:
Like a few people have said they will find anything they can not to pay out.
I assume that would be the same if you bought a car that had been modified and not declared it. In some instances like a remap though you might not even know.
I caught a bit of one of those Police Interceptor type programs last night while channel hopping (Motorway Cops maybe). The police had stopped a young lad in a Fiesta that had more mods than Quadrophenia. He claimed it was "like that when I bought it". When the police rang his insurer to check he was covered they cancelled his insurance on the spot. Police then did him for no insurance.I assume that would be the same if you bought a car that had been modified and not declared it. In some instances like a remap though you might not even know.
TimmyMallett said:
Alloy wheels - 0.79%
Wheel trims - 0.79%
I suspect this is someone copy and pasting a load of crap data from somewhere and not really considering whether its accurate.
I was thinking that; no one needs to know those figures to the nearest 1/100 of a percent and therefore, whoever wrote the article, has no idea what the figures actually mean.Wheel trims - 0.79%
I suspect this is someone copy and pasting a load of crap data from somewhere and not really considering whether its accurate.
snuffy said:
TimmyMallett said:
Alloy wheels - 0.79%
Wheel trims - 0.79%
I suspect this is someone copy and pasting a load of crap data from somewhere and not really considering whether its accurate.
I was thinking that; no one needs to know those figures to the nearest 1/100 of a percent and therefore, whoever wrote the article, has no idea what the figures actually mean.Wheel trims - 0.79%
I suspect this is someone copy and pasting a load of crap data from somewhere and not really considering whether its accurate.
Wheel trims? The only things I can think of are the clip-on plastic discs that fall off or get stolen. I can’t imagine anyone would get a replacement set from Halfords for £15, secure them with electricians ties and then consider that they have to inform their insurance company?
Foss62 said:
Alloy wheels presumably means non-standard wheels of any sort.
Wheel trims? The only things I can think of are the clip-on plastic discs that fall off or get stolen. I can t imagine anyone would get a replacement set from Halfords for £15, secure them with electricians ties and then consider that they have to inform their insurance company?
My previous two cars had steel wheels with plastic wheel covers, my choice over alloys. Neither fell off, and I wish this set-up was not so unfashionable now. Steel rims can take quite a bashing and still survive and hold pressure.Wheel trims? The only things I can think of are the clip-on plastic discs that fall off or get stolen. I can t imagine anyone would get a replacement set from Halfords for £15, secure them with electricians ties and then consider that they have to inform their insurance company?
Having annoyed the neighbours enough with a 2bular exhaust I removed it and put the Lotus OEM exhaust back on. Having declared and been charged an extra 10% via the Admiral App when I put it on, I was surprised that I could not un-declare and get a refund via the App.
So I called Admiral. No refund (fair enough, only a few months left on the policy). However the telephone agent then stated that.....
ADMIRAL ONLY ALLOW MANUFACTURERS MODIFICATIONS - as in factory spec options only.
So won't be renewing with Admiral! Made me worry that if I'd had an accident then Admiral would not have paid out as the 2bular was not a Lotus Modification. When declaring and purchasing the "non standard exhaust " via the App, there was NO manufacturer only warning or disclaimer....
So I called Admiral. No refund (fair enough, only a few months left on the policy). However the telephone agent then stated that.....
ADMIRAL ONLY ALLOW MANUFACTURERS MODIFICATIONS - as in factory spec options only.
So won't be renewing with Admiral! Made me worry that if I'd had an accident then Admiral would not have paid out as the 2bular was not a Lotus Modification. When declaring and purchasing the "non standard exhaust " via the App, there was NO manufacturer only warning or disclaimer....
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