 MODIFIED CAR INSURANCECompare Modified Car Insurance Quotes UK
The Rise And Rise Of Modified Car Insurance
Modified car insurance is one of the most popular new products on the insurance market today as a result of the rising demand for it.
It is now fashionable for individuals to customize their cars but this unfortunately causes problems for the driver and everybody else on the road. Statistically, more modified cars are involved in and cause accidents than regular cars and this undoubtedly affects the modified car insurance premiums. Modified cars are also more likely to be stolen, so it is imperative that they are insured appropriately.
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About this type of cover About this type of cover
Most people like to stamp their own mark on their possessions, and this is particularly true when it comes to ownership of houses and cars. That's why many people like to modify their vehicles - to give them that special personal touch. Modified car insurance is designed to provide the protection required for these personalised vehicles, and with many great deals on offer these days you can enjoy this protection at a really low price.
Summary of Cover
The level and the cost of your modified car insurance cover will depend on whether you opt for third party only cover; third party, fire and theft cover; or fully comprehensive insurance cover. The age of your vehicle the type of vehicle and the level of modifications carried out will also contribute to the cost of cover. The summary of cover will vary from policy to policy, and it is important to consider your needs as well as your budget when looking into modified car insurance cover. Certain modification may warrant additional excess, and again this can vary from one insurer to another and should be checked prior to taking out your policy.
Optional Extras
As with other types of car insurance cover, there are a number of optional extras available with all types of modified car insurance cover, such as:
# Legal expenses cover, which will cover you for legal costs should you not already have this cover included in your policy.
# Breakdown cover is another popular optional extra, and it is a good idea to take this out if you have an older vehicle. You can get different levels of breakdown cover, from the most basic to a comprehensive policy that includes home start should your vehicle break down outside your own home.
# Glass cover is also available, and offers valuable protection against window or windscreen damage.
# Road rage cover is also available from some insurers, where you could be eligible to make a claim if you are injured as a result of a road rage incident. Agreed value cover is available from some insurers, which means you could get more than the market value of your car if it is written off.
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Additional Information Additional Information
It is important to check the terms of each individual policy before you commit to any type of modified car insurance cover, as terms and exclusions can differ from insurer to insurer. The policy that you opt for will determine what you are covered for, so make sure that you are familiar with the various levels of cover before you commit to any particular modifed car insurance policy.
With all levels of cover, any claims made are usually subject to inspection of the vehicle by a representative of the insurance company. Most insurers now offer a hotline number to make claims, and will send out the necessary paperwork in the post, which you should complete and return. You can also register a claim online with many insurance companies. If the police were involved, then you should send in a copy of the police report if one was made along with the completed paperwork requested by the insurer. With all types of cover, it can take time to go through your claim.
graphic Free Extras to Look Out For
Free extras can vary between policies and insurers, and there is no guarantee that you will get any free features with your modified car insurance cover policy. This often depends on the level of cover you take out, and you are far more likely to enjoy freebies with fully comprehensive cover than with the lower levels of cover. These could include: free breakdown cover; free glass cover; free legal cover; and a free courtesy car if yours is off the road following an accident.
graphic Saving Money on your cover
If you are looking for ways to save even more money on the cost of modifications car insurance cover, there are a number of steps you can take.
# Shop around: Cover premiums can vary enormously from insurer to insurer, so be sure to check out a few policies in order to get the best value deal. However, remember to compare the benefits of the policies as well as the prices in order to get real value for money.
# Go online: Many insurers now offer some of their best and most affordable policies online. You can browse the various modified car insurance deals from the comfort of your own home when you go online, and you can also compare the terms, benefits and premiums with ease.
# Increase the amount of excess on your policy: The higher the excess on your policy (the sum you have to pay from your own pocket in the event of a claim) the lower your premiums are likely to be. However, before you make your decision you should see whether it makes a significant difference to the cost of the policy, as you should remember that the amount of the excess will have to come from your pocket should a claim be made. If the claim made is for a sum that is lower than the amount of the excess on your policy, you would have to pay the whole amount of the claim from your own pocket.
# Drive carefully: For every year that you don't make a claim on your policy, you will receive a no claims bonus, and this can dramatically reduce the cost of your premiums as time goes on.
# Provide protection: If you opt for third party, fire and theft, or fully comprehensive car insurance cover, your car will be protected against theft and fire. You can save even more money on the cost of your modified car insurance policy by protecting your vehicle as much as possible against these eventualities. Make sure your car is alarmed, and fit an immobiliser if possible. Also, if you can park off the road (e.g. a driveway or garage) then do so.
# Keep modifications to a minimum: However, tempting it may be to try and make your vehicle look like something from 'Back to the Future', you have to remember that the higher the level of modification, the higher the cost is likely to be - and at the end of the day your vehicle is unlikely to actually be worth anymore in terms of market value. You can personalize your vehicle adequately without going over the top, and this has the added bonus of cheaper premiums. |
