Quote:
Originally Posted by gdrider77
I have been struggling to find an insurance carrier to cover my car with all the aftermarket. From what I have seen, read and spoken to reps at companies none if the big companies will cover much more than around $5k in aftermarket. I'm struggling to find any company that will go higher. I think I'm going to go with specialty insurance, just need to find some.
Most insurance reps are clueless and don't realize that people will put $10-30k in aftermarket into a car. So they just assume (incorrectly) that you have mild upgrades like stereo and wheels, and its covered. In actuality most anything over your specific policy limits will not be covered.
If anyone has recommendations, I'm all ears.
Thanks.
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Don't know about the US but I had this issue with some classic cars in Canada. The problem with the classics is that one may be worth $2K and the exact same car in better or fully restored condition may be worth $75K. Both are drivable and on the road but the value difference can be massive. I had to get my 58 Chev appraised and then get special insurance on the set value. The policy didn't really cost me that much in comparison to the car's appraised value but and at least if something happened I would not have simply received the pittance that they would have given me without the appraisal.