Aftermarket parts on insurance?

Tufosi · 04-28-2013, 10:27 PM

Hey guys...

I recently bought a set of 20" BBS wheels which are by far the most expensive wheels I ever bought.
I was just wonder if you guys add certain aftermarket parts to your insurance policy? Because I'm thinking of adding the wheels to mine since they are a $6k investment.

BPMSport · 04-28-2013, 10:30 PM

I have my Akra and my BBS LM's on my policy. Only costs about 100 bucks a year for about 10K of coverage for them. Worth it IMO.

Tufosi · 04-29-2013, 08:52 AM

that is not bad at all. do you know what that additional coverage is called?

wangt86 · 04-29-2013, 10:17 AM

I have coverage for my wheels on my WRX. I think for progressive and geico its like accessory coverage. Forget wheel locks someone could easily open those up.

Tufosi · 04-29-2013, 11:10 AM

cool.. Im calling my agent today.

THE TECH · 04-29-2013, 11:13 AM

My parts have always been covered by State Farm.

Kanweezy · 04-29-2013, 12:18 PM

6k for wheels? Damn all of the performance goodies that could have been bought with that!

And1M3 · 04-29-2013, 01:49 PM

Quote:

Originally Posted by Mike Benvo

I have my Akra and my BBS LM's on my policy. Only costs about 100 bucks a year for about 10K of coverage for them. Worth it IMO.

I was wondering how do you get coverage for your aftermarket exhaust? I call up geico and they don't cover exhaust.

=[monkey]= · 04-29-2013, 04:48 PM

What about supercharher?

Ezio · 04-29-2013, 04:59 PM

I am pretty sure you can add anything car related to your insurance, certain things will make rates go up more than others.

mamadub · 04-29-2013, 06:30 PM

Honestly, I never knew you could insure aftermarket mods. I'm going to look into this after I get my new wheels!

1MOREMOD · 04-29-2013, 06:54 PM

Quote:

Originally Posted by mamadub

Honestly, I never knew you could insure aftermarket mods. I'm going to look into this after I get my new wheels!

I would think any part on your car could be insured if you want. Maybe not as part of the auto claim but as a seperate rider. Heck models can insure their face or butt if they want.

E90M3velocity · 04-29-2013, 07:00 PM

Anyone in state farm have a technical name for the coverage? I plan to insure my volks but when i called they said they do not do that.

skiborsy · 04-29-2013, 07:28 PM

Quote:

Originally Posted by THE TECH

My parts have always been covered by State Farm.

Meaning you have a rider for them, or that it's included in your normal coverage without any additional expense?

Chicken Little · 04-29-2013, 08:12 PM

State Farm covers all the parts. Just keep copies of your purchase invoices and a few photos.

E90M3velocity · 04-29-2013, 08:58 PM

Ahh gotcha, thanks

Endless619 · 04-29-2013, 09:18 PM

Quote:

Originally Posted by mamadub

Honestly, I never knew you could insure aftermarket mods. I'm going to look into this after I get my new wheels!

You can but in the long run I didn't see any value. The one time my car got stolen with $5000 in stereo parts and a set of $5000 rims I ended up jumping up 3 classes of cars and could care less if I lost $10k. The insurance gave me a huge check and moved up with my $20k lump sum to a $90k car back in the 1990s. lol Just make sure your car is paid off here kids.

If my M3 got stolen now I would move up to an Audi R8 or Lamborghini Gallardo in all seriousness so for me I won't waste money on it.

Everyone is different and all insurance agencies are different. With Geico for Volks insurance is like an extra $8-$9 a month.

FormulaMMM · 04-29-2013, 09:39 PM

Yep, insured the Akra.

04-28-2013, 10:27 PM	#1
Tufosi Second Lieutenant 24 Rep 206 Posts Drives: 2010 E90 M3 DCT Join Date: Dec 2012 Location: Charlotte, NC. iTrader: (1)	Aftermarket parts on insurance? Hey guys... I recently bought a set of 20" BBS wheels which are by far the most expensive wheels I ever bought. I was just wonder if you guys add certain aftermarket parts to your insurance policy? Because I'm thinking of adding the wheels to mine since they are a $6k investment. __________________ 2010 E90 DCT: 2011 E92 DCT:-- sold
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04-28-2013, 10:30 PM	#2
BPMSport BimmerPost Supporting Vendor 3387 Rep 7,541 Posts Drives: Harrop M3 / F10 M5 / F82 M4 Join Date: Apr 2008 Location: SoCal iTrader: (9) Garage List 2000 BMW M5 [0.00] 1990 BMW 735i Turbo [0.00] 2008 BMW M3 [7.50] 2015 BMW M3 [0.00] 2015 BMW M5 [0.00]	I have my Akra and my BBS LM's on my policy. Only costs about 100 bucks a year for about 10K of coverage for them. Worth it IMO. __________________ -----\| Like us on Facebook \| Instagram \|\| Tuning Information \| Remote Coding \|----- ----Visit us at www.BPMSport.com - Emotion. Driven. \| Toll Free: (888) 557-5133----
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04-29-2013, 08:52 AM	#3
Tufosi Second Lieutenant 24 Rep 206 Posts Drives: 2010 E90 M3 DCT Join Date: Dec 2012 Location: Charlotte, NC. iTrader: (1)	that is not bad at all. do you know what that additional coverage is called? __________________ 2010 E90 DCT: 2011 E92 DCT:-- sold
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04-29-2013, 10:17 AM	#4
wangt86 Private 13 Rep 79 Posts Drives: 09 WRX, F25 X3, Lotus Elise Join Date: May 2008 Location: Tristate iTrader: (0)	I have coverage for my wheels on my WRX. I think for progressive and geico its like accessory coverage. Forget wheel locks someone could easily open those up.
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04-29-2013, 11:10 AM	#5
Tufosi Second Lieutenant 24 Rep 206 Posts Drives: 2010 E90 M3 DCT Join Date: Dec 2012 Location: Charlotte, NC. iTrader: (1)	cool.. Im calling my agent today. __________________ 2010 E90 DCT: 2011 E92 DCT:-- sold
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04-29-2013, 11:13 AM	#6
THE TECH BimmerPost Supporting Vendor 307 Rep 13,093 Posts Drives: BPMsport 2012 E92 M3 Join Date: Jun 2011 Location: Kansas iTrader: (45) Garage List 2013 Nissan GTR [0.00] 2019 Sierra Denali ... [0.00] 1999 Nissan Silvia [0.00] 1999 Nissan Skyline ... [0.00] 1998 Toyota Supra [0.00]	My parts have always been covered by State Farm.
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04-29-2013, 12:18 PM	#7
Kanweezy Private First Class 6 Rep 137 Posts Drives: Red e92 Join Date: Feb 2013 Location: Washington/Oregon iTrader: (0)	6k for wheels? Damn all of the performance goodies that could have been bought with that!
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04-29-2013, 04:48 PM	#9
=[monkey]= First Lieutenant 19 Rep 386 Posts Drives: f82 m4 Join Date: Aug 2010 Location: Houston iTrader: (4)	What about supercharher?
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04-29-2013, 04:59 PM	#10
Ezio Brigadier General 380 Rep 3,934 Posts Drives: 2023 Alfa Romeo, 2023 m240i Join Date: Nov 2012 Location: MI iTrader: (0)	I am pretty sure you can add anything car related to your insurance, certain things will make rates go up more than others.
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04-29-2013, 06:30 PM	#11
mamadub Captain 96 Rep 825 Posts Drives: Melbourne Red 2011 E93 Join Date: Oct 2011 Location: Arizona iTrader: (0)	Honestly, I never knew you could insure aftermarket mods. I'm going to look into this after I get my new wheels! __________________ Black Novillo Extended Leather, Convenience Package, Premium Package 2, DCT, DDC, BMW Apps, Custom Stereo upgrade, Eisenmann Sport Black Series Exhaust, 20"HRE's P45SC's. Color matched Brembo 380/345's, KW Coilovers
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04-29-2013, 07:00 PM	#13
E90M3velocity Captain 338 Rep 923 Posts Drives: Manual-Slicktop E90 M3 Join Date: Oct 2012 Location: Bay Area CA iTrader: (4)	Anyone in state farm have a technical name for the coverage? I plan to insure my volks but when i called they said they do not do that.
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04-29-2013, 08:12 PM	#15
Chicken Little Second Lieutenant 9 Rep 295 Posts Drives: 2013 E92 Frozen Black Join Date: Sep 2007 Location: Arizona iTrader: (0)	State Farm covers all the parts. Just keep copies of your purchase invoices and a few photos.
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04-29-2013, 08:58 PM	#16
E90M3velocity Captain 338 Rep 923 Posts Drives: Manual-Slicktop E90 M3 Join Date: Oct 2012 Location: Bay Area CA iTrader: (4)	Ahh gotcha, thanks
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04-29-2013, 09:39 PM	#18
FormulaMMM Brigadier General 3663 Rep 3,422 Posts Drives: E90 M3 Join Date: Oct 2011 Location: Midwest iTrader: (2)	Yep, insured the Akra. __________________ M4 GTS, GT3, C63 S \| E90 M3s, E39 M5
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