Auto Insurance Coverage For Modified Vehicles In New York – People buy cars for many different reasons. Price, performance, safety and efficiency all factor into the search process.

If you’re always on the go, then you’ll want a comfortable ride that has all the luxury amenities you need. A car equipped with leather seats, automatic parking functions and a large information display on the dashboard – This is the dream!

Auto Insurance Coverage For Modified Vehicles In New York

Auto Insurance Coverage For Modified Vehicles In New York

Of course, not all cars come with the pinnacle of automotive features. But luckily, having a “comfortable ride” isn’t limited to new cars; There are many ways to update your old car, and some car accessories can make a world of difference!

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But before you modify your car or invest in the latest gadgets, consider the dos and don’ts of modifying your car in Saudi Arabia. Also, find out if your car insurance covers car accessories. Read on to find out!

Modifying your car is very much allowed in Saudi Arabia, but some regulations will need to be followed before modifying the engine, exhaust system, suspension or adding accessories. Let’s know a little about modifying your car in KSA – legally.

The need for speed isn’t the only thing that should cross your mind when you hear a mod! People modify their cars for all sorts of reasons; sometimes adding accessories can make owning and driving a car a better experience.

In general, compulsory insurance is limited to third-party liability coverage. Simply put, it could cover all possible damages to others that may happen in a car accident that you caused. But unlike TPL, a comprehensive insurance policy provides comprehensive coverage that protects others, you and your car. In detail, SAMA defines comprehensive car insurance as:

What Modifications Affect Car Insurance Cover

An insurance policy covering loss or damage to the insured vehicle, including its accessories, as a result of any accidental collision or as a result of mechanical failure or breakdowns caused by prolonged use of the vehicle. This also includes damage that is not the direct result of an accident (subject to the terms and conditions stated in the policy). The difference between comprehensive car insurance and third party car insurance

Whenever we think about accidents, we rarely think about the previous damage. Undoubtedly, some accidents can damage cars inside and out. Sometimes, unfortunate events can cause damage to the internal parts and contents of the car, such as the dashboard, sound speakers and even the seats. In this case, the insurance will deal with the repair or replacement of the interior contents of the car resulting from:

In terms of car accessories, most insurance companies require prior declaration of modifications, accessories and their value. List all your add-ons and changes in the policy table and rest assured that any claim you make later will be upheld.

Auto Insurance Coverage For Modified Vehicles In New York

In insurance terms, accessories are any additional items that were not part of the normal configuration of your car. In other words, any addition or change to your car’s factory setting. This includes:

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Comprehensive insurance normally doesn’t cover extra parts (ie your car’s accessories), leading to expensive out-of-pocket costs when your car is damaged, stolen or vandalised. Unless you state the facts when you take out your insurance policy, chances are your insurance will reject your claim.

Absolute! All you have to do is contact your insurance company’s customer service department to purchase additional coverage. It is also highly advisable to inform your insurer of any changes or addition of car accessories as soon as possible.

If you’re shopping online for comprehensive car insurance, price comparison sites can make it easy; Try! Find the best affordable car insurance plans in Saudi Arabia.

You may also be wondering, “What about all the other things and personal belongings that were inside the car at the time of the accident?”

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In most cases, your car insurance will not pay to reimburse the contents of your car. But here is a silver lining! There are some comprehensive policies that offer additional coverage, such as:

Car accessories and accessories can make a world of difference. That’s why it makes sense to know what’s included and excluded in your car insurance policy before you buy it. Comparing car insurance allows you to compare the benefits of each policy and may even show you benefits you never knew about before. If you have a lifted truck or plan to add a lift kit to your vehicle, accident insurance coverage can become a complicated situation.

So will auto insurance cover a towed pickup truck? Insurance companies will not cover a damaged lift kit or non-OEM parts without policy approval. Any costs associated with non-approved aftermarket parts such as a suspension lift will be the owner’s responsibility. Call your agent to confirm if your policy has this coverage.

Auto Insurance Coverage For Modified Vehicles In New York

A lift kit can be covered indirectly, however, by negotiating and reworking the prices of repair parts and labor estimates with the insurance adjuster and body shop. Each repair estimate is different and offers unique opportunities to make adjustments that can take care of all parties.

Modified Car Insurance

If you file a claim with the at-fault party’s coverage as the plaintiff, then their liability coverage is responsible for restoring your truck to its pre-loss condition. The party at fault will be responsible for replacing all damaged parts, including a lift kit.

Car insurance policies for collision and comprehensive coverage are intended to restore your vehicle to its pre-loss condition. Just as it was immediately before the accident or other covered loss.

When purchasing coverage, the insurance company will ask if your vehicle has been modified in any way. When a vehicle is modified in a way that increases repair costs or replacement value, the insurance company will have to charge more to cover the vehicle.

This extra coverage is called a policy endorsement and can cover items like an expensive entertainment system, custom wheels, special paint and suspension lift kits. Most policy endorsements will cover up to $4000 in additional coverage. Any cover over $4000 will need to go to a specialist insurance company.

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It is recommended that you obtain an aftermarket policy approval if you have or intend to modify your vehicle. Additional coverage is usually minimal and can cost as little as $80 per 6-month period for $4,000 of coverage.

Don’t expect your insurance to go up because the lifted truck is seen as a risk. Insurance will only increase to cover the extra lift kit parts. If you need cover over $4000, check with a specialist insurance company so you can get an agreed value for your modifications.

An agreed value insurance policy is a type of coverage where you determine how much your vehicle is worth. The insurance company will underwrite a special policy for your custom vehicle. So in the event of a total loss or an accident requiring repairs, you will then be reimbursed accordingly.

Auto Insurance Coverage For Modified Vehicles In New York

A few insurance companies, such as GEICO and Progressive, have been known to cover up to $1000 in aftermarket parts without approval. This can vary by state and insurance company, so check with your agent to make sure.

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If you have been in an accident and suspect the lift kit has been damaged, you should try to be present for the inspection and pay close attention to the estimate.

Once you meet with the adjuster, show them your installation documentation and any receipts so they can write an accurate estimate. Most of the time, only a few components of the lift kit need to be replaced, so having the invoice from the lift kit supplier will make it easier to track individual suspension parts.

Ask the adjuster to review the estimate with you before the adjuster finalizes (hereafter “blocking”) the estimate. Once an adjuster locks the estimate, it can usually only be readjusted at a repair facility. It’s important to use this opportunity to make sure the adjuster didn’t miss any visible damage, pay for enough repair time for labor, and make sure they include your modified parts in the estimate.

If the adjuster does not include your suspension in the estimate, ask them to document it in the estimate notes.

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Some of the costs that the adjuster includes in the estimate can be minimized or even avoided to make room for additional uncovered damages. This technique can also be used to reduce or eliminate the deductible.

When working with suspension repairs, such as those involved with damaged lift kits, be sure to understand that there is some labor overlap when replacing suspension components. Let’s say your truck was hit by the front left wheel and the impact damaged the axle, which includes the lift kit that is installed on it, requiring all parts to be replaced.

Since the axle originally had to be removed to install the lift kit, now that all the parts are replaced, the time the insurance company pays for to install the axle will overlap some of the time to install the lift kit. This will make it cheaper to install the lift kit.

Auto Insurance Coverage For Modified Vehicles In New York

So instead of paying the full cost to install the lift kit, only half the cost or less will be required because the labor

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