My Account
Car enthusiasts love personalizing their rides with custom wheels, performance upgrades, or premium sound systems, but many drivers don’t realize how these modifications affect their insurance coverage. Standard auto policies typically cover your vehicle at its original factory value, leaving expensive aftermarket parts unprotected. Agency Advantage Insurance, serving West Bloomfield, MI, wants to help you understand your options for covering those custom upgrades.
What Standard Policies Actually Cover
Most auto insurance policies cover modifications only up to a small percentage of your car’s actual cash value, often around $1,000 to $1,500 total. If you’ve invested thousands in a turbo kit, custom paint job, or high-end audio equipment, you’re likely underinsured. Even basic modifications like aftermarket wheels or performance tires might not receive full coverage under standard terms.
Options for Modified Vehicle Coverage
Custom parts and equipment coverage can be added to your policy through endorsements or riders. This coverage typically requires documentation like receipts, photos, and professional installation records. Some insurers offer agreed value policies for heavily modified vehicles, where you and the company establish the car’s worth upfront. Performance modifications might require specialty insurance through companies that focus specifically on modified or classic cars.
Important Considerations Before Modifying
Always notify your insurance company before making significant modifications. Some changes, particularly performance upgrades, can increase your premiums or even cause coverage denial. Modifications that affect safety systems or structural integrity require special attention. Keep detailed records of all work performed, including receipts, photos, and professional certifications.
Don’t let your passion project become a financial nightmare after an accident. Contact Agency Advantage Insurance, serving West Bloomfield, MI, to discuss coverage options that properly protect your modified vehicle and its custom components.
