Insurance for Mods?

mcpuck said:
AAA told us they only cover stock. :grayno:
Click to expand...

As usual, false information depending whom you speak with at AAA.

I was rearend in Newport Beach, AAA covered my $700 steel bumper without question. The body shop only needed the model number and where I bought it. The AAA approved body shop gave me the original bumper back (only had powdercoating scratchs along the bottom). So now I have two bumpers - one will be stubby someday....

I also kept my original tailgate, as it was only bent because the spare pushed in a little. If someone wasn't mounting a spare to it, it wouldn't even matter.
 
Rivertoys said:
As usual, false information depending whom you speak with at AAA.

I was rearend in Newport Beach, AAA covered my $700 steel bumper without question. The body shop only needed the model number and where I bought it. The AAA approved body shop gave me the original bumper back (only had powdercoating scratchs along the bottom). So now I have two bumpers - one will be stubby someday....

I also kept my original tailgate, as it was only bent because the spare pushed in a little. If someone wasn't mounting a spare to it, it wouldn't even matter.
Click to expand...

Again, it depends. In your example, it sounds like the other insurance company paid for the damage to your vehicle because you were rear-ended, correct? Claims are handled differently depending on if your are working with your insurance company making a comprehensive/collision claim or working with some else's insurance because their insured damaged your vehicle. When you are working with your insurance company, you are bound by policy language. If the policy states that will only pay for OEM then you need to have an endorsement for the additional coverage.
 
Bessie said:
Again, it depends. In your example, it sounds like the other insurance company paid for the damage to your vehicle because you were rear-ended, correct? Claims are handled differently depending on if your are working with your insurance company making a comprehensive/collision claim or working with some else's insurance because their insured damaged your vehicle. When you are working with your insurance company, you are bound by policy language. If the policy states that will only pay for OEM then you need to have an endorsement for the additional coverage.
Click to expand...

You are correct! It wasn't paid for ultimately by AAA, it was the rear-enders insurance company. That makes sense.

Disregard me.... or be aware if it's not your fault you might get your cool stuff replaced.
wink.gif
 
What about your insurance company realizing that your rig is now a foot higher with big tires? Anyone had them not want to cover the vehicle any longer due to tip over risk, etc?
 
Jkzinger said:
What about your insurance company realizing that your rig is now a foot higher with big tires? Anyone had them not want to cover the vehicle any longer due to tip over risk, etc?
Click to expand...

Seems to me that so long as the vehicle is street legal and can pass a state inspection, it should be ok, but understand this...insurance companies are private entities, and can use whatever they want to blame and shift the blame. If you hit me, and cause me extreme injuries because you have a steel bumper with a stinger, the insurance company will try to pin the overly extensive injuries on you. Anything and everything is possible.
 
Geico told me 5" or more over stock = not covered but stock to 5" lift I'm covered. Plus they insure all my aftermarket parts with no jump in my premium.
 
Lol I can't wait to get my bumpers,
Because people seems to hit my car a lot , so if they hit my car and I have my big ass still bumper I will lmfao destroying there car and not mine


Cheers to that


Branks ...
WAYALIFE mobile app
 
CombatVetJK said:
Geico told me 5" or more over stock = not covered but stock to 5" lift I'm covered. Plus they insure all my aftermarket parts with no jump in my premium.
Click to expand...

When I did my additional equipment rider with GEICO, they did ask how much my jeep was lifted (3.5") and if it was a body lift or suspension lift. I didn't ask the limits or ramifications if it were higher or body. I dont know if it had any bearing or not, but they did ask if I did the lift myself or a shop (shop).

They also asked if I was a member of a jeep club. This was so important that they called me several times after our initial discussion. I told them I am not, but did ask how it mattered. This is where the comments about the winches came from. IF I was a member of a club, and there was an expectation that I would be using my winch often to help others out, it would not be covered (it essentially amounted to commercial coverage). We did have a long discussion about the liability implications about me winching out another vehicle that then incurred damage due to the winching. The outcome of that would be that I would be personally liable for the damage to the towed vehicle, and GEICO would not cover that... So be careful winching others.
 
rtguy1 said:
I've looked into this and have been told the vehicle is only covered for stock value regardless of any add ons. I have called several companies, including those listed here. I have progressive and have an additional 5k of coverage which costs a bit more every 6 months It's called CPE coverage, or custom parts and equipment coverage. 5k additional is the maximum they offer. Beyond this you would need a custom policy, or possibly a declared value type of policy.

It doesn't make any sense to me that an insurance company would charge a premium to cover a certain expected value of a vehicle, but include thousands of dollars of additional coverage at no extra cost because you added parts. Premiums are based on average market value of that particular vehicle. That would be like charging the same premium to insure a Toyota corolla and a fully loaded 7 series BMW. I hope no one finds out the hard way when it comes down to collecting for a claim. I could see them helping out with some extra parts, but not covering an extra 30k in prorock 60's and evo dtd.

With that said I have had custom vehicles that were damaged and had no problem with collision repairs, but the costs to repair were about the same as it would have been stock. I think the issue would come up if the vehicle was a total loss or stolen. I cannot believe an insurance company is gonna hand over 70k for a new rubi with 60's and EVO DTD that gets totaled when you pay for a standard policy to cover a stock rubi. Toss a new hemi in that equation for another 10k and it gets even more nuts.
Click to expand...

Mercury, Has had me send all receipts and pictures and has reassured me i am covered on all after market parts i have on my jeep.
 
GBOBVA said:
I have added an additional equipment rider to my coverage with GEICO. I have sent them an itemized list of all mods and what I paid for them. The additional $10k of coverage costs me about $10 a month, and features replacement value (not just what I paid for it). Apparently this is VERY common for vehicles like jeeps. An added benefit of this is the protection of covered items in 'normal' use. When asked about what that means, the agent replied 'for example, a covered winch is designed to pull you out of bad places. If you are using your winch to pull you out (not another vehicle mind you) and the winch burns out, the policy will cover it.'. I did ask what GEICO's policy was if I did not declare the additional equipment up-front, the response was 'The standard policy would cover repair to stock, nothing more'.

Overall, I'm glad I did it.
Click to expand...

I have the same threw GEICO. with the Military discounts, its pretty good.
 
silverbackjk said:
Mercury, Has had me send all receipts and pictures and has reassured me i am covered on all after market parts i have on my jeep.
Click to expand...

That's great, but I doubt they will cover much more for you then. Once you get into the high dollar stuff they're not gonna do it for free. Don't get me wrong, I'm not saying you have a cheap rig or something, but I'm saying when you start getting into 20-50K of accessories in a rig they are not covering that for the stock premium amount. It just does not make sense from a business perspective to take on that kind of liability at a low premium to the customer. Add 60's and EVO DTD front and rear and everything that goes with it and you have 30k in it, then toss on some 40's and beadlocks and there is another 5k, go Eddie style with a LS motor swap and that's another 15k. Now you have 50k plus the cost of the jeep itself. No way.

Get it in writing if you have a lot in your rig.
 
Oh yea that's is a whole different story than me I'm only about 12-15k in to mine. But I totally agree when you get the axles and DTD you would need supplemental insurance.
 
NFRs2000NYC said:
Get that in writing. I have geico, and pay for my aftermarket coverage.
Click to expand...

Every insurance company in every state has it's own insurance contract to confirm with specific state Department of Insurance rules and regulations. Large insurance companies like State Farm, Allstate, Farmers, GEICO, Progressive, etc. all have policies that are specific to the state in which you reside and purchased the policy. Things that are covered in one state may not be covered in another.
 
GBOBVA said:
When I did my additional equipment rider with GEICO, they did ask how much my jeep was lifted (3.5") and if it was a body lift or suspension lift. I didn't ask the limits or ramifications if it were higher or body. I dont know if it had any bearing or not, but they did ask if I did the lift myself or a shop (shop).

They also asked if I was a member of a jeep club. This was so important that they called me several times after our initial discussion. I told them I am not, but did ask how it mattered. This is where the comments about the winches came from. IF I was a member of a club, and there was an expectation that I would be using my winch often to help others out, it would not be covered (it essentially amounted to commercial coverage). We did have a long discussion about the liability implications about me winching out another vehicle that then incurred damage due to the winching. The outcome of that would be that I would be personally liable for the damage to the towed vehicle, and GEICO would not cover that... So be careful winching others.
Click to expand...

Talk about a can of worms. I can see a lot of liability questions with the above situations although commercial seems excessive unless you are charging money or receiving some other type of consideration for winching. While not the same, I know that when I took my boater's safety course with the Power Squadron, the suggested that if I were to tow another vessel that I use their lines versus providing a line. If the line breaks, there is no liability to me as to the condition of the line, the strength of the line, etc., Winching could be the same.
 
You must log in or register to reply here.
Top Bottom