Auto Insurance for Customized Vehicles

Customizing vehicles is popular and can increase the value of a vehicle, which means it may need additional insurance coverage after the custom work is finished. Auto insurance for customized vehicles, such as monster trucks, outfitted minivans, and modified “low-riders” has to take into consideration the value of a standard model of the same type of vehicle and the amount invested in the custom work. The combination of these two amounts determines the replacement value that the vehicle should have insurance coverage for, in case of an accident or theft.

Does modification of a vehicle change insurance requirements?

Be sure to ask your insurance agent at Epic Insurance in Lees Summit, MO if the customized vehicle can still be insured because some insurance companies have coverage exclusions for vehicles that are severely modified due to safety concerns. It is also important to inform your insurance agent if the vehicle is going to be used in any sports competition, such as what is done frequently with monster trucks because this creates a different kind of insurance risk that needs special coverage.

Simple modifications like changes to the exhaust system (while keeping noise levels in mind), adjusting the suspension, and having a custom paint job, do not usually change the insurance requirements vary significantly. However, there usually is a need to pay more for repairs and it is more costly to repaint over any damage to a customized paint job.

Changing tires, rims, and suspension all have to comply with standards. So does installing window-tinting film. There may be restrictions about the grade (of darkness) permitted when using window film.

Conclusion

Many people enjoy working on their own vehicles to customize them. It is important to discuss modifications that you intend to make with your insurance agent at Epic Insurance, serving Lees Summit, MO, and the surrounding area, to make sure you can still get insurance coverage after the custom work is finished. Contact your agent to discuss these issues today before starting a customization project.