Protected no claims bonus on modified car policies

obi_waynne

Administrator
Staff member
Moderator
Points
1,157
Location
Deal, Kent UK
Car
A3 1.4 TFSI 150 COD
Is it possible to get a fully protected no claims bonus on modified car policies?

What modifications are generally ignored and which ones are likely to put the premium up?

When do insurers start to request an engineers report or other documentation to support car mods?
 

skyinsurance

Approved Trader
Points
18
Location
Potters Bar, Herts
Car
MR2 MK1.5
Hi Waynne,

in answer:

Is it possible to get a fully protected no claims bonus on modified car policies?

Yes, not an issue.

What modifications are generally ignored and which ones are likely to put the premium up?

All depends on the individual insurer, how modifications are dealt with will vary wildly between insurers. From a specialist (modification friendly) insurers perspective; short answer is performance modifications will increase premium in most cases whilst the majority of cosmetic changes will not.

When do insurers start to request an engineers report or other documentation to support car mods?

Again, will vary but I'd say it's rare that an insurer would ask for this. It is not something that we ask for and we insure some very highly modified cars.
 

RichiesTrucking

Torque Junkie
Points
22
Location
Falkirk, Scotland
Car
VR4 legnum
rather than query privately i will ask here as it relates to the thread

why does an EVO 5 RS transfer box increase my premium on the basis that it would cost more to replace? with its position on the car, the car will be totalled anyway so the underwriter would never have to replace that particular part. even if somehow the part would qualify for replacement, the underwriter would declare the car uneconimical to repair anyway so they still would not have to replace it so why the premium increase?
 

skyinsurance

Approved Trader
Points
18
Location
Potters Bar, Herts
Car
MR2 MK1.5
rather than query privately i will ask here as it relates to the thread

why does an EVO 5 RS transfer box increase my premium on the basis that it would cost more to replace? with its position on the car, the car will be totalled anyway so the underwriter would never have to replace that particular part. even if somehow the part would qualify for replacement, the underwriter would declare the car uneconimical to repair anyway so they still would not have to replace it so why the premium increase?


Hi,

I've had to track back on this and listen to the call as when I read the post this morning, the explanation of cost of replacement made no sense to me either.

The simple answer is that gearing changes attract a small load on the insurance premium due to altering the performance of the vehicle. It is not about cost of replacement.

Also, please always PM/email me for any changes going forward, either via here or the VR4 club

Thanks

Ollie
 

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