Modifying cars can be a great way to express yourself and make your car stand out from the crowd. But when it comes to insurance, modified cars can be a tricky subject. Insurance companies can be wary of modified cars, and some may not be willing to insure them. It is important to understand what your insurance provider offers in terms of coverage for modified cars and how you can get the best coverage for your vehicle.
Insuring Modified Cars
When it comes to insuring modified cars, there are a few important things to keep in mind. First, it is important to understand that most insurers will not cover modifications that have been made to the car. This means that if you have made any changes to the engine, body, or interior of the car, you will need to make sure that your insurer is aware of them. Additionally, some insurers may not cover certain types of modifications, such as performance modifications, so it is important to check with your insurer before making any changes to your car.
In addition to understanding what modifications are covered, it is also important to make sure that the modifications are installed properly and that the car is in good condition. If the modifications are not installed properly or the car is not in good condition, the insurer could refuse to provide coverage.
Axa’s Coverage Options
Axa is one of the leading insurers in the UK and they offer comprehensive coverage for modified cars. Axa offers a range of coverage options for modified cars, including:
- Agreed Value: Agreed value coverage provides a set amount of coverage for the car, regardless of its market value. This is a great option for modified cars, as it means that your car is insured for the amount you agreed to when you purchased the policy.
- Replacement Parts: If your car has been modified, Axa will cover the cost of replacing any parts that are damaged or stolen. This coverage is important, as it means that you won’t have to pay out of pocket for expensive parts.
- Custom Parts: Axa also offers coverage for custom parts that have been added to the car. This is a great option for those who have made significant modifications to their car, as it ensures that they won’t have to pay for expensive parts out of pocket.
- Liability: Axa also offers liability coverage for modified cars. This coverage ensures that if you are liable for any damages caused to another vehicle or person, your insurer will cover the costs.