Specialist Motor Insurance and Modified Car Insurance

Customising motor cars are all the rage for some people, however, it can be seriously expensive hobby for the dedicated car enthusiast never mind the high cost of modified car insurance.

Why are premiums so high?

Quite often motor insurance companies assess the value of vehicles by referencing trade guides and car manufacturer information that do not take into account external modifications such as spoilers, adjustments to the interior or bespoke custom engine works. These additions are likely to enhance the performance or change the original look of the motor car both inside and out, therefore, making it difficult for companies to assess the true value. This is also the reason why many motor insurance companies ask the question has the car been customised in any way and if so what has changed from the original manufacturers specification? Always consider checking the level of cover purchased before making any modification such as fitting accessories like alloy wheels as you may find some motor insurance policies contain specific maximum limits of compensation. In extreme cases, the policy may even become invalid.

Modified Car Insurance a Niche Market!

There are relatively few UK car insurance companies who will insure a fully customised car direct because of the reasons stated above and also because the market is very small. The obvious place for most custom car owners to obtain specialist motor insurance quotations is either through an aggregator such as Insurancewide or specialist modified car insurance broker. If you belong to an custom car club or other organisation, you may qualify for introductory discounts or special rates if the club operates a specialist motor insurance affinity scheme with either a broker or insurance company.

Remember, before you buy cover for customised vehicles consider paying close attention to the policy terms and conditions including excesses, specified limits and exclusions.