Who's car is truthfully insured?

[pnjmcc]

I think the point is were do you stop and what qualifys as a Perfomance Mod.

For example, a boost, oil pressure or AFR gauge are they mods ? - yes
Do they increase perfomance - No, but your gonna push harder because you can monitor the effects / have more confidence.

What about forged pistons they dont increase the performance on their own do they ?

So should they be declared or not ?

I think Car insurance should be like house insurance one policy for the body and engine (bricks and mortar) which would cover the cost of body /chassis etc repairs back to standard and one policy for all the bits you add (contents) everything from speed hut dials/momo steering wheels/leather retrims to forged pistons/lighter flywheels/cams etc

That would work a treat imo, the mods (irrelevant of performance gain or not) could all be covered under a seperate policy.

If you stack it you claim to have the car fixed then claim to have the bits added, might take longer and more fiddly to claim, but at least you would be more confident about declaring everything

Just my 2p

Regards
PaulM

[Al-sw20]

I think Car insurance should be like house insurance one policy for the body and engine (bricks and mortar) which would cover the cost of body /chassis etc repairs back to standard and one policy for all the bits you add (contents) everything from speed hut dials/momo steering wheels/leather retrims to forged pistons/lighter flywheels/cams etc

The only problem with your comparison is that its a bit hard for theives to steal your house to take away your home theatre system and 50" TV. Whereas cars are stolen everyday for the parts on them.

[Tiamat]

II think Car insurance should be like house insurance one policy for the body and engine (bricks and mortar) which would cover the cost of body /chassis etc repairs back to standard and one policy for all the bits you add (contents) everything from speed hut dials/momo steering wheels/leather retrims to forged pistons/lighter flywheels/cams etc

That would work a treat imo, the mods (irrelevant of performance gain or not) could all be covered under a seperate policy.

Its not as simple as just accounting for replacement parts.
What they are factoring in is that they assume if you make the car do 200mph at some point you are going to want to drive it at that speed and it increases your risk of an accident.
If you upgrade the brakes then they assume you will be braking later into corners and harder and are therefore more at risk of having an accident.
Basically the insurance companies make a lot of assumptions about modifications and their effects on your driving.
My brother put a roll cage in his Peugeot and the insurance went up, despite the fact that the vehicle was now safer for the passengers, when the insurance company was asked about it, they stated it was because the passengers were now more at risk because of false sense of security. WTF!?!

[Lauren]

[My brother put a roll cage in his Peugeot and the insurance went up, despite the fact that the vehicle was now safer for the passengers, when the insurance company was asked about it, they stated it was because the passengers were now more at risk because of false sense of security. WTF!?!

Actually Malcolm a roll cage means less safety on the road for the most part, simply because of the damage you can do to yourself if you come into contact with the rollcage in the event of an accident. Unless of course you wear a harness and crash helmet when you drive on the road?

[Tiamat]

[My brother put a roll cage in his Peugeot and the insurance went up, despite the fact that the vehicle was now safer for the passengers, when the insurance company was asked about it, they stated it was because the passengers were now more at risk because of false sense of security. WTF!?!

Actually Malcolm a roll cage means less safety on the road for the most part, simply because of the damage you can do to yourself if you come into contact with the rollcage in the event of an accident. Unless of course you wear a harness and crash helmet when you drive on the road?

Car was fitted with bucket seats and harnesses, didn't drive wearign crash helmet though. Still seemed a little ridiculous though that a safety feature increases your insurance premium.

[anna]

http://www.financial-ombudsman.org.uk/p ... urance.htm

It's all about the 'material facts' folks - that's right, you're supposed to know exactly what the insurer would consider a risk... but if their questions were too vague news, you'd be alright

Just declare everything! (new tyres, the repair to rusty areas, stainless steel exhaust, dot 5.1, the fact you don't use Toyota Forlife , Oil brand, and ofcourse, that layer of autoglym )