corrado vr6
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| posted on 22/11/14 at 12:00 PM |
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Declaring car mods advice
After some advice, I recently had some mods done to my daily, new stainless steel exhaust, aftermarket air filter and coilovers fitted.
Now I'm not driving the car at present and its parked off the road, the insurance renewal is due the middle of December, should I hold out till
nearer the time to declare the mods to avoid paying double admin fees? Or will this make no difference and I should just declare them now and enjoy
driving again?
Any advice?
http://r1indy7.wordpress.com/
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big-vee-twin
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| posted on 22/11/14 at 01:06 PM |
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Why don't you phone your insurer and ask them what they consider to be mods.
I once phoned mine about a racing can on the bike and they couldn't be less interested.
Duratec Engine is fitted, MS2 Extra V3 is assembled and tested, engine running, car now built. IVA passed 26/02/2016
http://www.triangleltd.com
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corrado vr6
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| posted on 22/11/14 at 01:15 PM |
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Sorry think you may have misunderstood. I know they need to be declared, what I was wondering is if I should hold out and declare them at renewal time
rather than right now.
Just wondered if I would get charged an admin fee for declaring now where as if I do it at renewal time in 18 days I could avoid this charge?
http://r1indy7.wordpress.com/
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corrado vr6
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| posted on 22/11/14 at 01:15 PM |
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[Edited on 22/11/14 by corrado vr6]
http://r1indy7.wordpress.com/
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Smokey mow
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| posted on 22/11/14 at 01:37 PM |
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If the mods are fitted to the car now, then they should be declared to the insurer whether you are driving the car or not.
To look at in another way, if the car was stolen off your driveway between now and the renewal date would the insurer pay out if they subsequently
found that it had undeclared modifications?
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ian locostzx9rc2
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| posted on 22/11/14 at 01:38 PM |
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Yes they will charge you an extra admin charge
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Slimy38
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| posted on 22/11/14 at 02:51 PM |
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It's better to declare them at renewal time. At renewal time they will be looking around for the best underwriter for however the car is
declared at the time. If it's declared as standard, you'll end up with a 'standard car' underwriter. If you subsequently
declare mods, you'll likely pay a lot more for that underwriter to cover your mods (even if they insure it at all). If you declare the mods up
front, they can get you a 'modified car' underwriter and get a good price straightaway.
That, as well as the theft aspect and the admin aspect suggests declare them now.
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02GF74
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| posted on 22/11/14 at 04:58 PM |
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If its stolen and recovered, just say the thief must have put in the v10 twin turbo engine and sports exhaust, the car was standard when you had it.
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Smoking Frog
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| posted on 22/11/14 at 05:48 PM |
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For the sake of 18 days I'd risk it.
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Ben_Copeland
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| posted on 22/11/14 at 05:52 PM |
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Yeah sod that. Declare when you renew
Ben
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blakep82
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| posted on 22/11/14 at 08:12 PM |
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i put coilovers on mine, then when i phoned the insurance found they didn't cover suspension mods... by that time i hadn't given my name
or any personal info, so i waited the 3 week still renewal and went with another company who did
i put coilovers on because the suspension never sat right anyway (too high at the front) and the shocks were knackered and coilovers was cheaper than
standard suspension.
besides, i wanted it slammed anyway 
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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DAN@ADRIAN FLUX
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| posted on 23/11/14 at 01:25 PM |
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Him,
If you have any problems with modified vehicle insurance then please feel free to drop me a line. I'd be only too please to help.
Regards,
Dan.
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