Mods etc & disclosure

[Nik C]

Cheers guys, I follow your reasoning about disclosing penalty points.

How about those mods though!? It's arguable of course that such things as mods to suspension etc improve handling and almost certainly lessen the likelyhood of an accident. But do such alterations as tints etc, bring with them the potential for invalidated claims if not disclosed? And what experience have you of the difference it make to premiums when you do tell them. Perhpas I'll wait till shortly after I've insured the car, before I tell them what I'll have done to it!

 

[Ozric-Al]

NO! If you wait they will charge you to make an amendment to your premium (usually between £25-£50) as well as the increased premium itself. Also, certain insurers will be cheaper for unmodded cars than modded ones but be extortionate once it's modded. E.g.

Insurer 1 charges £400 unmodded but £900 once modded;
Insurer 2 charges £600 unmodded but only £700 once modded so you could lose out big time.

Suck it up and declare the mods. It'll catch you up eventually.

Shabash!

http://ozrics.co.uk/

 

[Jayfish]

in my experience (somewhat limited ) and a recent conversation with my insurers, cosmetics, lowering, SS exhausts add little to nothing to your premium, Tom paid £2 extra for his Supersprint and got ripped off mine was free . performance stuff on the other hand will cost, but if you don't declare it's enough for them to get out of paying.
just remeber 50% of accidents are someone elses fault and you could be parked next to kimmy!

 

[Tom]

'improved' handling means you will probably drive faster and take more risks.

Tints will make your car more inviting to pikies.

Declare all mods.

 

[Pete T]

definately declare....i was in the same dilemma, altho im glad i declared now as my current insurer would have wanted an extra £700 for my induction kit which is rediculous. however, keeping it on not declared would have almost certainly invalidated my insurance!!