It it essential to declare modifications to insurance companies?
Wednesday, May 27th, 2009 at
1:55 am
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Dan asked:
I am just about to buy a new car but the difference in insurance quotes from an unmodified car to a modified car can be thousands!
I am just about to buy a new car but the difference in insurance quotes from an unmodified car to a modified car can be thousands!
Is it illegal for me to not declare the modifications?
Ryan
Tagged with: Insurance Companies • Insurance Quotes • Modified Car
Filed under: Insurance & Registration
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Henry
It is not illegal. But if you have a claim, the claim can be denied. If you have extras then you need to make sure that stuff is covered too.
Hopefully you do not have an illegal muffler because you will get lot of tickets from it.
Richard
One important thing to remember is that you are legally obliged to inform insurers of any modifications that you do.
This is vitally important as failing to declare them can potentially invalidate your entire insurance policy.
This would mean in the event of you making a claim, and the insurers discovering an undisclosed modification to your car, you could be left high and dry with a null and void policy.
The modification disclosure rule is normally found in the terms and conditions of a policy, with the onus very much on the policyholder having to inform the insurer, and not the other way round like many seem to believe.
Albert
I’m not sure i it’s illegal, but you could be jeopardizing a claim if you ever had one.
Ernest
I recommend an online insurance quote. It’s free and generally hassle free.
Good Luck!
Rafael
As far as my knowing,it is a question with various answers,it is definitely depending on the your mind ,providing a great resource here for reference though.
Jamie
You can compare how the insurance quotes would change, for example here – autoinsurance.noneto.com