Modified Car Insurance in Pennsylvania
Reader’s Question:
I have a refurbished car which I occasionally use to drive around Levittown, Pennsylvania. I have made a few modifications with it in the past 8 months and I wonder if there is anything I need to know about insuring it with a renewed auto insurance policy.
Monica
Levittown, PA
When you upgrade your vehicle and stick with your insurance policy, you might end up under insured. Although that can be relative to the number and amount of changes you made as upgrade.
Numerically speaking, insurance policies are computed based on appraisal of your vehicle. Now if you have made many modifications which improve your car’s performance or features, like a better engine or a higher-end sound system, it would result to your car’s value to increase. However, since most people do not like to spend higher auto insurance premiums, these modifications normally do not reflect in the policy.
In my own opinion, if you get to renew your policy with the same insurer in Pennsylvania, then you better ask about the implications of your upgrades to you policy and see if those will be covered. I believed any changes will not hurt you so much compared to having to be drained if those upgrades would get stolen or damaged by accident.
The rule of thumb here is that if you make any modifications to your car, find out immediately if they’re covered by viewing your insurance policy. Most insurance companies are infamous for their tricky wording, exclusions, and conditions, so it will be your responsibility to read carefully…especially the fine prints.
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