Anyone here rolling with Modded Car Insurance? and if so which company are you with? My insurance is coming up and I figured paying full coverage on my car each year will only net me $5000-6000 dollars if something bad happens in a total loss situation. Ill rather pay more and get a policy for that covers $20,000 for my engine/tranny/rims/suspension n all.

 

Allstate will insure it. Have an appraisal or receipts ready.

 

Good to know I have them for my insurance and am going to start modifications on my 95 SC400

 

get a stated value policy. most, if not all, insurance companies will do this type of policy. no need for an appraisal or receipts.

 

You're going to want to look for stated value or agreed value insurance.

 

Geico will cover ALL modifications with no receipts or appraisal..my na-t kit is covered, my audio, even my suspension and TT wheels.

 

nice.. yea i just want a agreed state value policy no appraisal or anything i dont want to explain to them my GTE V160 to a insurance agent -_-

 

Geico covered my Wheels with my policy..

 

How much are you guys paying monthly for a policy like that?

 

I have USAA(military) insurance and they will cover anything I can show a receipt for without modified coverage. They only require modified coverage if the car is a classic and plated as one. From what I understand most insurance companies will cover things that you have a receipt for or can prove were on the car during an accident/theft. Just call your current insurance company and ask a lot of questions or request them to send you info on coverage of modifications done to a car that they cover.

 

$110 monthly full coverage with all aftermarket modifications covered.

 

I dont think 110 is bad at all to cover everything. My SC is 80 a month for full coverage, rental, towing, and unnasured motorist, and my Beemer is only 52 a month for the exact same coverage. I have always wondered why my SC is almost twice as much and 10 years older? WTF?

 

I just switiched from Geico to State Farm and went from 155.00 down to 118.00 for 2 cars fully insured, medical, etc...

 

wow i should look into this in the spring when my 6 month term is over.

 

I have no tickets, no accidents, only a couple of windshield claims from flying rocks. Actually on three cars. About 2 months after calling State Farm and inquiring about changing my policy only on my Lexus to a stated value policy, they sent me a Dear John letter with a 30 notice of dropping my Lexus only from coverage. They had all of my insurance, including Home Owners. I was quite ticked with them, so I dropped them, but kept the Homeowners, as they want to drop all of their Homeowners insurance coverage in Florida. No way. They can keep on providing me with that insurance. I switched my cars to another major carrier. Haven't decided to ask them about stated or not on the Lexus. I do know that if you keep your receipts, you can generally enter into arbitration with the insurance company to get a better settlement.