look news india
Car Insurance Benefits: Nowadays the trend of car modification is increasing rapidly in the country. Especially the youth are doing various types of modifications to their cars to give them a different identity. But do you know that too many changes to the car can invalidate your insurance claim.
Generally there are two types of car insurance, first is comprehensive insurance and second is third party insurance. Comprehensive insurance covers most of your losses, while third party insurance provides financial assistance to a third party for accidental reasons.
damage caused by car modification
Exterior Updates Minor changes like fresh paint job and decals are not a problem. But if you make major changes to the body framework like flared fenders, custom hood, and tires, your insurance may be affected. In such a situation, most insurance companies cancel the claim.
Performance Modification:
The turbocharger uses a nitrous oxide system to increase engine performance. However, this amendment has become a matter of concern. These changes increase the power and speed of the vehicle, which also increases the risk of accident. Apart from this, there is also a ban on installing suspension system to increase or decrease the height of the car. This voids the insurance as it affects handling and ground clearance.
What should be considered?
Whenever you take insurance, note down the details of your car and calculate the policy cost. If you want to make changes to the car, your insurance cost also increases. The insurance company must be informed about the amendment. So that there is no risk of hassle or cancellation at the time of claim.