Modified Car Insurance: Street Rods & Replicas | Hagerty (2024)

FAQs

Do insurance companies check modifications? ›

Modifications to the engine or vehicle mechanics – such as the exhaust system, transmission, or air filter – must definitely be declared to your insurance provider. If you have added a turbo or supercharger to your engine, for example, it can increase the risk of accident, which will affect the cost of your premium.

Making modifications without notifying your insurance company is considered a violation of your contract. Your insurance company may not only refuse to pay your claim but may also cancel your policy entirely.

2 Aftermarket parts represent less costs for insurers and can potentially drive down overall auto insurance premiums. In other words, insurance companies like aftermarket parts as much as the budget-conscious consumer does because they don't necessarily have to insure them.

Our policy allows your client flexible usage—with no fixed mileage limits. Even if your client have full coverage through a regular car insurance carrier, there may be mileage and usage restrictions to control how and when their classic is driven.

If you are modifying a vehicle you are already insuring, you might not be required to notify the insurance company, but it may be in your best interest to do so. Comprehensive and collision coverage usually only applies to after-market parts if the policy has a modification endorsem*nt.

While the terms may vary among automakers, some clauses are standard to factory warranties. For example, any upgrade that can alter the emissions system is prohibited. An extended car warranty (also called a vehicle service contract or auto protection plan) will have similar stipulations.

Depending on the specific modifications, a modified vehicle may no longer meet factory standards, including safety, emissions, or legal requirements. It may also be unlawful under state law. Modifications may also void some manufacturer warranties.

Premiums After a residential policy has been in effect for sixty days, the insurance company can only cancel a policy for reasons specified by law, which include; nonpayment of premium, fraud , material misrepresentation , or physical changes in the insured property that increase any hazard insured against.

You have the right to request OEM parts to repair your vehicle after a car accident. However, the insurance company might refuse to use OEM parts because the cost is unreasonable when comparable aftermarket parts are available.

Are dealer parts better than aftermarket? ›

Aftermarket parts are less expensive, more readily available, and offer a wider range of options. However, the quality of aftermarket parts can be inconsistent. On the other hand, OEM parts offer greater quality assurance and come with warranties, but they come at a higher cost.

Hagerty is backed by Progressive. Rather than sell its own classic car insurance, Progressive offers policies through Hagerty. Nationwide has also partnered with Hagerty to offer classic car insurance to customers.

If you own a collectible vehicle released in 1980 or a vehicle newer than that, we have options depending on exactly how new the vehicle in question is. Even if your “instant classic” is from this millennium (aka the year 2000 or after), we have a policy tier that can give you the coverage you need.

We only insure antique and collectible cars, so we can offer better coverage at a significantly lower price than daily driver insurers.

Some minor modifications, such as tinted windows, may be covered provided they're legal in your state or territory. However, it's worth making your insurer aware of all after-market alterations as they may cost more to repair, and might increase your car insurance premium as a result.

Endorsem*nts and Riders. An insurer may change the language or coverage of a policy at the time of the policy renewal. Endorsem*nts and Riders are written provisions that add to, delete, or modify the provisions in the original insurance contract.