Are modifications to my vehicle considered when calculating insurance premiums?

Yes, modifications to your vehicle can affect insurance premiums. Insurance companies may consider modifications that alter the performance or safety of your vehicle when determining your premium. This is because modifications can increase the risk of accidents or theft, leading to higher costs for the insurance company. Modifications are also more expensive to replace in the case of a claim. It’s important to inform your insurance provider of any modifications to ensure you have the proper coverage and to avoid any potential issues with claims in the future.

Posted by Alyssa DiCrasto

Alyssa uses her many years of experience writing about complex industries to research and create clear content that makes insurance easy to understand. She has been with Rate Retriever since its beginning, establishing our strict editorial policy and directing our comparison experience.

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