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      03-21-2011, 03:03 AM   #1
Golfer
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Insurance Query

Hi - I'm starting to modify my E93 M3 - exhaust, remap. suspension, wheels, trim, brakes, mostly with none OEM equipment how do I stand with my car insurance. Do I disclose all my mods or just those that affect performance,
do some of you not disclose anything (you do not need to answer that last bit!).
What is your experience, does the premium go up a lot, or will I have to change insurers?

Thanks in advance.
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      03-21-2011, 04:14 AM   #2
IMMY1
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Hi mate some insurance companies will not insure you depending on which mods u have ,
1 as soon as u improve ur engine out put insurance goes up
2 other mods cosmetic should not make a difference
3 phone for best quotes
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      03-21-2011, 04:15 AM   #3
SenorFunkyPants
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You need to disclose the modifications you make to your car, the requirement to do that will be in the fine print of your policy. Failure to disclose gives the insurance company the option to decline to cover you in case of a claim.
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      03-23-2011, 05:27 PM   #4
Ant Man
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Two of my friends had heavily modified cars and were involved in collisions where they were the innocent party. When their cars were assessed nothing was mentioned as to the extensive un-declared mods.

I'm not advocating that you do not tell your insurance company mind, just a bot of fyi
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      03-23-2011, 05:54 PM   #5
Sean05
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i have mods and its covered eveery including my mods. ...

i have statefarm

oh btw if you mod your cars it should be covered but you better have receipt for all the mods you add on to.
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      03-23-2011, 05:56 PM   #6
GOLFFRR
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nice screen name haha
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      03-24-2011, 05:37 AM   #7
SenorFunkyPants
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Quote:
Originally Posted by Ant Man View Post
Two of my friends had heavily modified cars and were involved in collisions where they were the innocent party. When their cars were assessed nothing was mentioned as to the extensive un-declared mods.

I'm not advocating that you do not tell your insurance company mind, just a bot of fyi
A problem is more likely to arise if you are involved in a major claim...say you are at fault and put someone into a wheel chair and there is a claim against you that would easily run into 100's of 1000s of ús...you can be sure that the insurance company will check for a way of not paying out. The costs will then fall on you if you have invalidated your insurance by having undeclared modifications.
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      03-24-2011, 07:19 AM   #8
hugehead
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yes declare everything !!!...other wise you "may" end up with the repair/replacement yourselves !!
try heritage insurance and Aplan insurancs as well, they are very good with mods

Last edited by hugehead; 03-25-2011 at 06:23 PM.
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      03-25-2011, 04:52 PM   #9
Ant Man
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Quote:
Originally Posted by SenorFunkyPants View Post
A problem is more likely to arise if you are involved in a major claim...say you are at fault and put someone into a wheel chair and there is a claim against you that would easily run into 100's of 1000s of ús...you can be sure that the insurance company will check for a way of not paying out. The costs will then fall on you if you have invalidated your insurance by having undeclared modifications.
Fully agree. And a good point, well made.
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