GolfGTIforum.co.uk
General => Insurance => Topic started by: UnCl3RoRy on 21 September 2013, 10:01
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How far do you all go in terms of how much you actually tell the insurance company about what mods you have?
Surely if you told them about everything it would cost a fortune.
I would like some alloys but know whether to tell them i have them I should really ring them up and ask them i guess)
I fitted a forge 007p and didnt bother.
IF i ever crashed my car into an inanimate object (which i wont hopefully) it wouldnt be bother claiming as i would cost too much for insurance the next year round.
Shine a light on this for me please?
Cheers
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Everything
Don't tell them, they find out, insurance is VOID!!
Your choice, your risk
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I recently re-insured my car with greenlight, told them everything and it was £430 :)
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Is it April fools again :lipsrsealed:
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Is it April fools again :lipsrsealed:
:grin: :grin: no its just a fool acting like a tool :whistle:
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No no, not a Aprils food joke just genuinely interested is all
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Yes, everything is declared to my insurers, it's really not worth the risk.
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Basically, I'll give you an example.
You crash into a exotic motor lets say a Lambo, and write it off ££££. Your insurer will go through your motor with a fine comb to find a way out of paying the claim. If they do (and they are well within their rights) you'll be liable for the damage caused. I.e be prepared to file bankruptcy. Likewise (more up my street) crash your car into a house even bigger bucks would you believe.
Then think to yourself, was it worth the extra few quid? You don't know whats round the corner (literally) is it worth the risk of that happening?
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Certainly wouldn't discuss on a public forum what you don't tell your insurance company.....
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Better to be upfront and tell them everything, not worth the risk.
I always declare all mods
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No no, not a Aprils food joke just genuinely interested is all
It's not the 1990's any more, there are plenty of insurers out there who cater for and even specialise in modified car insurance.
(http://i282.photobucket.com/albums/kk253/skyinsuranceollie/skyfbimage_zpsf8bef167.jpg) (http://s282.photobucket.com/user/skyinsuranceollie/media/skyfbimage_zpsf8bef167.jpg.html)
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If you're going to do mods and not declare them you might as well get the cheapest skankiest insurance you can find because if you do crash you're not getting a penny anyway. I've only been driving 10 months so can't get modified insurance yet which is why I bought the mk4 180bhp standard. Only cost me 30 quid more to insure than the 150 standard. My insurer (admiral) will cover up to 6 mods as long as they're not big performance upgrades like remapping or full exhaust systems so I can throw on an induction kit and a cat back exhaust and it only goes up by about 50 quid, 80 if I want the value of the mods added to the payout if the car gets nicked. My advice is hold back on the mods until you can do it legit. I'm 27 and was tempted by some remapped cars I saw but at my age insurance fraud is not something I need on my record!
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I'd tell them, I told them all of mine (remap boost hoses dampers clutch flywheel) I EVEN told them about the stereo as they wanted to know.
Went from 459 to 522.
It's not bad really, to be covered properly anyway
Try Adrian Flux, specialise in mods insurance
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I'd tell them, I told them all of mine (remap boost hoses dampers clutch flywheel) I EVEN told them about the stereo as they wanted to know.
Went from 459 to 522.
It's not bad really, to be covered properly anyway
Try Adrian Flux, specialise in mods insurance
Try diff insurers too as adrian flux quoted me £2348 to i sure my golf with all mods and 4 years bo claims and im 29, mad the same call to greenlight and it was £430 you can only guess who i went with.
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i wish i investigated it first i guess, i obviously wanna be legal, but ive only just started this policy and it would be too much of a ballache to change it, i dont wanna do owt major anyway, just a set of alloys really, but this added a cost of £130 to my policy, just weighing up whether its worth it
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just a set of alloys really, but this added a cost of £130 to my policy, just weighing up whether its worth it
Your insurer doesn't sound modification friendly. Most specialist insurers would not charge for fitting alloys wheels
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i think these prices are down to age a location i have 6 years no claims (i i have never claimed or crashed) held my license for 7 years (im 24 now) no points ever and i pay over £1000 standard golf GTI 16v park in a garage at night. if i told them i was going to mod it performance wise i think i would just get raped.
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^^ holy crap, I paid 700 for me and my girlfriend on a gti 180 with no no claims, first year of driving for me parked in residential parking. A grand with 6 years no claims is brutal
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i live in a LU5 postcode nightmare round here took me like a month of ringing/emailing searching insurers for that price :cry:
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I'm guessing LU is Luton??
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well i live in dunstable half hour from luton but share same postcode and reputation for insurance scams so for me insurance will be high till i move to norfolk and it will properly half lol. Im 25 next year so i think trade policy will be best for me as i cant afford to insure 2 cars so me and the missses are sharing my golf atm.
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I'm just down the road (Markyate) but thankfully have the 'AL' postcode.
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Oh i wish the funniest thins is a 1.8 turbo 200sx was cheaper than my golf :undecided:
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I'm with A plan, you declare everything, I have a page of mods on my car and they charge me under £500.
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I think its more about location these days lu5 is a big no no for cheap insurance :huh:
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Up until a few days ago the 16v was insured with Admiral who have been pretty mod friendly the past few years.
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Im with admiral and phoned them yesterday to get a feel for how mods would affect my insurance and they said it would add about 60 quid to my insurance if I added a induction kit, diverter valve and exhaust. I'm guessing that's a catback exhaust and not full system but that's still not bad
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I've just renewed with Sky, and I've told them every little detail, even down to my Polo aerial.
Not worth the risk of not telling them. Insurance this year was £395 for a Bora V5, all mods like-for-like and I'm only 24!
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Im with admiral and phoned them yesterday to get a feel for how mods would affect my insurance and they said it would add about 60 quid to my insurance if I added a induction kit, diverter valve and exhaust. I'm guessing that's a catback exhaust and not full system but that's still not bad
A was with Bell for a few years (sister company to admiral) and it was a similar cost for me to add wheels/exhaust etc. The majority of the cost was admin fees though :rolleyes:
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My renewal is due end of the month and elephant (admiral) are the cheapest for me, the difference between no mods and if I had aftermarket alloys, vinyl wrap roof, cruises control, induction kit, remap, full exhaust system was £32... I don't think that's a bad increase and defo not worth not telling them whats changed.
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It wasn't long ago I got my insurance and unthought admiral didn't cover heavy mods like remapping etc??
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It wasn't long ago I got my insurance and unthought admiral didn't cover heavy mods like remapping etc??
I believe they do cover remaps but not if you go over a certain BHP increase.
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Fair enough, I spoke to a lot of insurers so could be wrong
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I am unsure on the BHP side as I did an online quote and ticked the box for "chipped/engine management system" there wasn't a box to say how much of a power increase the car has got tho... when I buy the insurance end of the month when I phone up to confirm all details should know if there any difference in price.
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When I was getting my quote with Admiral the online questionnaire gave multiple choices in percentage of powet increase, just like it also had different scales of suspension drop.
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sorry missed out I use go compare not the admiral site its self that prob where the difference is
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Been on the phone to admiral all afternoon getting insurance quote, they have given me 2 prices £612.30 for tinted rear windows, optional alloy wheels, cruise control, external decorative modification (vinyl roof). And a price of £650.62 to also include induction kit, exhaust system including manifold and a remap as long as the total BHP increase does not exceed 25% otherwise they wont cover.
Those prices are for a male, 22 years old, 3 years NCB, clean license, no crashes within last 3 years, with a Gloucester postcode being kept in a public access car park. However it is on a multicar policy so saved about £80.
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I spoke to admiral about an hour ago and they said I can change my exhaust as long as it doesn't affect the power output. After reading your message I obviously wasn't impressed.... Then I phoned them back mentioning what 'a friend' had just been told and now I can add an exhaust and induction kit for 35 quid and if I want to get it mapped that's fine as long as it doesn't add over 25% power and helps fuel economy and that adds an extra 150 quid to my premium. Glad I joined this thread because I was going to admit defeat. And I'm also glad I've got a 180 because 25% increase means I'm limited to 225bhp which I'm unlikely to get with just them mods :)
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Where do you take your 25% from tho, do you take the manufactures figures or do you get it on the dyno to know 100%. 25% isn't much tho just a remap and your pushing 25%
If you look at this page these guys had 235BHP from a stock 211BHP
http://www.revotechnik.com/type/16485/222/
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To be honest I'm not looking to break the bank because I'm only going to keep this for a few years at most I would have thought, so I'm probably just going to get a decat downpipe, an induction kit and maybe get the remap, so I don't think that lot would push my hp sky high. I'm only going from what little knowledge I've got off here so far though so could easily be wrong.....
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Where do you take your 25% from tho, do you take the manufactures figures or do you get it on the dyno to know 100%. 25% isn't much tho just a remap and your pushing 25%
If you look at this page these guys had 235BHP from a stock 211BHP
http://www.revotechnik.com/type/16485/222/
211 to 235bhp is an increase of about 11%.
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That's meant to read they measured it as 235BHP stock, if you only have 25% to play with and its already 11% over what its meant to be that cuts down your potential range increase. If the insurance company take 211BHP 25% extra you can only tune to 263BHP but starting from 235BHP you can reach 293BHP that's a big increase
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To be fair, if you were looking at getting bigger gains like that then you would be with a specialist insurer to begin with. Your Admirals and Direct Lines will rocket instance because they don't like dealing with these types of changes.
Also remember that tuning your car to say 300bhp and getting it insured is most likely no different to getting a car of 300bhp as standard.
Swings and roundabouts really.
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As you said they don't like big changes hence the 25% max otherwise they wont cover, but for cost under the 25% as a stock car sky was double the price, HIC over 3 times and greenlight wont even cover.
Youll be surprised at the difference in cost tho for younger drivers £612 for GTi, about £4000 for an evo 9 360, £9993 for a 2009 M3
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Yes, everything is declared to my insurers, it's really not worth the risk.
Just to back this up, Greenlight have even posted a pic of mine on their FB page :grin:
https://www.facebook.com/photo.php?fbid=10151825742589694&set=pb.36542689693.-2207520000.1384284822.&type=3&src=https%3A%2F%2Ffbcdn-sphotos-g-a.akamaihd.net%2Fhphotos-ak-ash3%2F59706_10151825742589694_1245813114_n.jpg&size=900%2C600 (https://www.facebook.com/photo.php?fbid=10151825742589694&set=pb.36542689693.-2207520000.1384284822.&type=3&src=https%3A%2F%2Ffbcdn-sphotos-g-a.akamaihd.net%2Fhphotos-ak-ash3%2F59706_10151825742589694_1245813114_n.jpg&size=900%2C600)
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mines all insured with everysingle mod and doesnt cost me that much that covers all engine mods and external