i know a guy who's car got totaled due to hail damage(funny story) they gave him book value for it than he bought it back for about half that
Accedents with MODS
- Thread starter special--k
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i know a guy who's car got totaled due to hail damage(funny story) they gave him book value for it than he bought it back for about half that
You need a rider or endorsement declaring the extra equipment and its value. You'll pay an extra premium for this. Don't have this option but have a modded car. Too bad you will be s*** out of luck as the adjuster will be basing the settlement on factory installed parts. You might get lucky if you have an accident involving minor damage but not so it its totalled.
After your car has been totaled and settlement has been made you can buy it back for the salvage value. Insurance companies really do not want your car but will sell it to offset the claim payout.
After your car has been totaled and settlement has been made you can buy it back for the salvage value. Insurance companies really do not want your car but will sell it to offset the claim payout.
how much insurance will pay is open to negotiation. this works both ways. if, say, you put a few hundred dollars of bolt-on aftermarket parts on the car odds are you'll be able to negotiate to get them covered if something happens. if they are substantial mods that significantly change the value of the car, i.e. an engine swap, they're going to be a lot more difficult and, unless you have stated to them previously that these parts are on there, they're probably not going to be covered.
the other side of it is the ins co's side. if you remove a key piece of safety equipment like the bumper beam they may cover your physical parts but they have a very strong case that any injuries you've suffered, or any damage aft of the actual collision, are your fault and are a direct result of the removal of key safety equipment.
medical bills > cost of parts. i wouldn't risk driving around without a bumper
the other side of it is the ins co's side. if you remove a key piece of safety equipment like the bumper beam they may cover your physical parts but they have a very strong case that any injuries you've suffered, or any damage aft of the actual collision, are your fault and are a direct result of the removal of key safety equipment.
medical bills > cost of parts. i wouldn't risk driving around without a bumper
you think whatever the adjuster says in their initial assessment is the final word? there is also language relating to the arbitration process which is a form of negotiation. if an ins co can avoid that process through some small concessions most will, thus negotiation. most policies that i've seen are not specific enough to state OEM parts vs aftermarket. while it may be a company's policy to not cover aftermarket parts it's not written in the contract, thus open to the interpretation of your adjuster and therefore open to some negotiation. i know our policy is that we ask when signing up for the policy and will adjust premium accordingly but if during a claim someone has a part that is not explicitly listed that is not a major modification we begrudgingly cover it
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Go talk to one of your Claims Managers or Supervisors and ask them how a loss will be settled involving an insured vehicle with undeclared non-factory installed parts and whether settlement will be open to negotiation.
Like I said you may get lucky depending on the amount of the loss involved and the attitude of the adjuster. And a lot has to do with the company involved.
Its better to safe rather than sorry and schedule the equipment, pay the additional premium and thus reduce any problem should a claim occur.
Like I said you may get lucky depending on the amount of the loss involved and the attitude of the adjuster. And a lot has to do with the company involved.
Its better to safe rather than sorry and schedule the equipment, pay the additional premium and thus reduce any problem should a claim occur.
i did ask when i was looking for my own personal policy on my vehicle. the response was basically that anything that is bolted onto the engine (though i'm guessing a turbo doesn't fit that category, most simple things like intake, exhaust, etc...) will be covered. i also asked about wheels. covered without additional premium but they wanted them listed. obviously they both need to be within reason - if you buy a $1,000 carbon fiber intake they're going to be more difficult about it. if you buy an aluminum intake that is actually cheaper to replace than the factory part they'll cover it.
all insurance settlements are open to negotiation. it may require hiring a lawyer which wouldn't be worth it for something small but it's possible. the purpose of insurance is to "make whole" which is very subjective so if you do not feel your adjuster has made you whole you need to speak up and not just take what they say as the truth.
all insurance settlements are open to negotiation. it may require hiring a lawyer which wouldn't be worth it for something small but it's possible. the purpose of insurance is to "make whole" which is very subjective so if you do not feel your adjuster has made you whole you need to speak up and not just take what they say as the truth.
Hartford is a top tier company. Most people are not insured with top tier companies. Especially the ones driven by price and not claims service, which is what really matters when you have one.
See its that whole within reason concept. Why risk that with an adjuster and arbitration for an auto claim not involving a death or serious injury is really a waste of time. Just about any claims department of a top tier company will pay the claim without issue when it is $5K or less and valid.
Schedule it and be done with it. I work in Commercial which is different than personal auto in the sense that if its specifically excluded or not schedule, it ain't covered.
See its that whole within reason concept. Why risk that with an adjuster and arbitration for an auto claim not involving a death or serious injury is really a waste of time. Just about any claims department of a top tier company will pay the claim without issue when it is $5K or less and valid.
Schedule it and be done with it. I work in Commercial which is different than personal auto in the sense that if its specifically excluded or not schedule, it ain't covered.
true, smaller companies will definitely be harder to get things like that out of than larger ones. though as you mentioned that is something that people should think about when buying insurance. you're buying the claim service - other than that you're just being given a piece of paper.
and the hartford sucks
i work across town at the company that is still profitable
and the hartford sucks
i work across town at the company that is still profitableMy old insurance co. didn't even know my car was turbocharged (can't blame 'em) until I got into an accident. The only aftermarket things that were destroyed were the primary fan and my (brand new) ApexR1 air diverter plate. They actually paid to have the fan replaced with one of equal quality (not a SPAL but it pumped the same CFM) and they wrote off $20 for the diverter plate (not what I paid for but it's better than nothing). It's funny because I didn't even mention aftermarket parts to them. The only downside is they noticed the turbo'd'ness and my rates went up (on top of the increase from the accident). Anyhow, I moved to a new state, got a new policy and they again have no knowledge of my car being turbocharged (still have the stupid increase from the accident though (bang))
dude, up here if you trash loose the bar you will loose coverage, no factory crash bar in canada = no insurance coverage it blows...but didn't stop me from getting my FMIC...of course its stored away untill next year though
Ricktalife
Member
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- 2012 Subaru WRX
well when i totaled my first car they let me keep it. they just gave me a check for what it was worth. then we fixed it up and sold it lol.
special--k
Member
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- Mazdaspeed Protege
Where you get that info?
in order for your car to be insurable or even on the road it must conform to the SAAQ regulations. any modifications that affect the safety (though I think we all know that the Perrin/Turbolife FMIC is probably just a useful as the factory crash bar anyway) is considered illegal. any insurance company has the right to void your insurance policy if you car is not up to code with the governing SAAQ/DMV
I did a little reading on the SAAQ's site to see what was considered legal at one point and found references to insurance companies right to void a policy based on illegal modifications
but either way the only way an a claims adjuster will be able to tell that your factory bar is missing is if its a head on colision otherwise they will not be able to tell the difference unless they take off the bumber cover, and even then the turbolife/perrin FMIC has a black beam that to the people not in the know will mis-interpret as a factory crash bar anyway
I did a little reading on the SAAQ's site to see what was considered legal at one point and found references to insurance companies right to void a policy based on illegal modifications
but either way the only way an a claims adjuster will be able to tell that your factory bar is missing is if its a head on colision otherwise they will not be able to tell the difference unless they take off the bumber cover, and even then the turbolife/perrin FMIC has a black beam that to the people not in the know will mis-interpret as a factory crash bar anyway
the perrin/turbolife FMIC comes with a "replacement" crash bar...notice the quotes. but any other FMIC for the protege/MSP keep the factory crash bar and are considered legal for e.g. the Corksport bolts up to the crash bar, the MAM does to, the ION/Kinetic as well.
the reason is the cores are all smaller than the Perrin/Turbolife FMIC and have a longer pipe route. I think the second shortest is the MAM sleeper or the ION, (MAM's hot side is super short but you nee to clock the turbo, but the ION's cold side is more direct)
the reason is the cores are all smaller than the Perrin/Turbolife FMIC and have a longer pipe route. I think the second shortest is the MAM sleeper or the ION, (MAM's hot side is super short but you nee to clock the turbo, but the ION's cold side is more direct)
well hell you are just chocked full of info.....mind if i hit you up in the future???
Jaysanooch
Member
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- 2003.5 Msp
Ya it's one of those mods where if your asking yourself these questions, it's not for you.
So your storing the car now finally? Good! Now buy a case of black Tremclad and try to make that undercarriage of yours look better..lol.
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