Introduction
Under-Insured After Car Modifications-insurance after Car Modifications often goes unnoticed by car owners. When a policy still reflects the car’s original value, insurance may not cover the full cost of repairs in the event of an accident. This can leave the owner responsible for significant extra costs. By understanding the steps to take after any additions or modifications, to have your vehicle protect at all times
1. Check Your Existing Insurance Policy
The first step is to review the coverage value listed in your policy. If it still reflects the base car without new accessories, your car is likely under-insured.
2. Report Changes to Your Insurance Company
Any additions such as premium rims, new tires, spoilers, audio systems, or body kits must be reported to your insurer. This allows the company to reassess the vehicle’s value and adjust the coverage accordingly.
3. Increase Coverage if Needed
After reporting, the insurer will determine if your coverage should be increased. This may slightly raise your premium, but it ensures full protection in case of damage or an accident.
4. Use a Licensed Comparison Platform
Platforms like BJAK help owners evaluate different policies and ensure coverage aligns with the car’s current value, including added accessories. Updating your policy regularly reduces the risk of becoming under-insured due to outdated coverage values.
5. Review Annually
New modifications or upgrades can happen anytime. Check your policy at each renewal to ensure coverage still reflects your car’s current condition.
Conclusion
You can avoid Under-Insured After Car Modifications or accessories by reporting every modification and updating your coverage accordingly. Following these steps guarantees full insurance protection and reduces the risk of financial loss in an accident.
Read More:
Engine Risks: Large vs Small CC Cars When Flooded
