Insurance and being Void

Insurance and being Void worried about mods voiding my insurance

#1 steve695

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Posted 09 December 2011 - 01:54 AM

Hey all.

I am currently insured with RACV. However I am worried that if I ever crash my car they will not cover me.

My car is below 100mm in height and has several other modifications.

Has anyone ever had their insurance void for being too low? Or for having wheels too wide? Or anything else modification related?

How do you work around this?

Thanks

#2 VtecYo!

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Posted 09 December 2011 - 02:34 AM

Never delt with them but I'm sure justcars wouldn't mind.
As long as you tell them your mods they should cover it.

Not too sure about how low it is lol. That could be an issue.

I can't guarantee anything, but you could always call them and say you're looking at buying a car and list the mods you have. See what they say.

I think that's your best option. All the best buddy!

#3 VtecYo!

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Posted 14 December 2011 - 02:19 AM

Anyone else have any input to help him out?

#4 EVILS2K581

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Posted 14 December 2011 - 03:53 AM

Hi Steve,

are you currently using it for your daily? I am with RACQ (I can imagine them having the same criteria) I never had a problem with them. (with car being too low that is, not sure about the wheels though). however I consider them to be a little exy IMO, I recently asked fellow members on this site about insurance and was directed to Ryno Insurance it works out to be ok if you daily drive but works best if you are not daily driving the S - It's cheaper and it covers all your mods.

(Keep a set of springs that will raise it up when the time comes, for a claim)

Hope that helps

#5 AusS2000

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Posted 15 December 2011 - 04:03 AM

I'm sure RACV are very receptive when paying premiums, but it's how they pay claims that counts.

If your car isn't 'roadworthy' they don't have to pay a claim.

#6 steve695

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Posted 21 January 2012 - 09:00 PM

EVILS2K581, on 14 December 2011 - 03:53 AM, said:

Hey thanks for this!

#7 Panayiotis

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Posted 22 January 2012 - 05:03 AM

The simple fact is that any modifications to the car you are seeking to insure fall within your duty of disclosure to the insurer. If you do not notify them of the modifications, then it is completely up to them if they want to use it as a reason to deny cover.

The only potential argument against any such action is to argue that if the insurer was made aware of the modification, would they have offered the insurance contract in the first place, and secondly would have they charged an additional premium. If it is no to the first one, then your argument is stuffed.

If to the second one they would have offered at an additional premium, then dependent on the proportionate liability laws of your state, they may indicate that the modification would have increased the premium by 25%, and therefore you are under insured by 20% and they will seek contribution from you of 20% of the value of the claim you are making.

The problem is though with any line of argument, that if you were to go to court on this fact, the insurer will always say that if they knew, they wouldn't of covered you, and to which point you would be buggered anyway.

How do you work around this? Simple. Tell your insurer what modifications you have made and pay the extra premium.

Pete