Insurance talk.

Blaiser · 05-25-2006, 08:38 AM

So my friend and i were debating on what my insurance would cover if i were to get in an accident. I have many aftermarket parts, would insurance replace these parts if i have the receits for them, or do i have to tell them about the parts right when i get them? anyone know?

2fas4u · 05-25-2006, 09:06 AM

yes I know and the simple answer is no! Most insurance only covers what the cost would be to replace the car back to the "stock" condition was. There are a few companies out there that will provide you a "rider" that would cover additional items but it costs, plain and simple. Don't feel bad, I have almost $40K in mods and if something bad happened I would get paid for a stock 05 STI minus depreciation....

Blaiser · 05-25-2006, 09:21 AM

Quote:

Originally Posted by 2fas4u

yes I know and the simple answer is no! Most insurance only covers what the cost would be to replace the car back to the "stock" condition was. There are a few companies out there that will provide you a "rider" that would cover additional items but it costs, plain and simple. Don't feel bad, I have almost $40K in mods and if something bad happened I would get paid for a stock 05 STI minus depreciation....

DAMN...that blows. so what companies cover this....i have no clue if mine does and i dont really wanna ask...haha i have state farm.

fourseasonsandles · 05-25-2006, 09:33 AM

I have progressive and I know they will cover the first $1000 worth of parts. After that I am not sure what happens. I think you have to pay extra premium for more.

I work for State Farm and I am pretty sure that they dont cover mods.

Blaiser · 05-25-2006, 09:46 AM

Quote:

Originally Posted by fourseasonsandles

I have progressive and I know they will cover the first $1000 worth of parts. After that I am not sure what happens. I think you have to pay extra premium for more.

I work for State Farm and I am pretty sure that they dont cover mods.

Damn...well lets hope for the best.

sti robot · 05-25-2006, 09:48 AM

sidenote...not a hijack. I have heard that some homeowner's insurance covers the loss of items stolen from a car. I believe this only applies to things that aren't part of the car. So a head unit that isn't installed would be covered, but one that is won't.

JKonquer · 05-25-2006, 01:46 PM

when i got in accident long time ago, they covered every parts, like carbon fiber hood, intake, wheels, strut, etc.-it was my celica. and it wasn't my fault.
Remember factory parts costs more than after market parts, so get money for factory parts buy you aftermarket part when you get check from them.
only thing it would not cover is probably front mount intercooler

fourseasonsandles · 05-25-2006, 02:00 PM

I suppose if you get a check from the insurance company to fix your car you could do what you wanted with it and use it to buy aftermarket parts.

I know for a fact that state farm will use quality recycled parts or aftermarket parts before going with OEM because it saves them money. Sometimes the aftermarket parts are cheaper and have a better warranty.

subbiesoul · 05-25-2006, 02:45 PM

Yes, progressive does cover 1000$ of bolted down aftermarket parts. If you are someone that has 10k in mods in the car or even 40k, you can get a stated amount policy that will cover everything thing you claim on the policy, yes it costs more, but think about it. One bad splitt second and your 40k in mods become salvage yard gold!! And also, if insurance companies totle your car, you can purchase the car from them for salvage value(roughly 20% of acv depending on condition of vehicle and type of accident)

obpsuby · 05-26-2006, 02:05 PM

I have state farm. I had a run in with a dog a few years back in my s-10. They paid for my aftermarket front valence and a few other small things that was already on the truck. I'm not real sure if they have a limit to the $ amount of aftermarket parts they cover, but i'll bet they probably do. Also the valence did cost more than the oem part and the other parts were not on the truck from the factory. They didn't say a word about the parts. They found out what the parts cost and cut me a check.

Blaiser · 05-26-2006, 03:04 PM

YES...i have state farm! good news for me.

Ikon · 05-26-2006, 09:07 PM

Quote:

Originally Posted by fourseasonsandles

I have progressive and I know they will cover the first $1000 worth of parts. After that I am not sure what happens. I think you have to pay extra premium for more.

I work for State Farm and I am pretty sure that they dont cover mods.

my friend had progresseive and they paid for his itr seats, avic d1 navi and screen. and rims.

05-25-2006, 08:38 AM	#1
Blaiser Spec C Club Car: 06 white w/gold STi Fav Mod: gt40r Location: Orange, CA Posts: 1,226 Join Date: Apr 2005 Trader Rating: (6)	Insurance talk. So my friend and i were debating on what my insurance would cover if i were to get in an accident. I have many aftermarket parts, would insurance replace these parts if i have the receits for them, or do i have to tell them about the parts right when i get them? anyone know? This ad is not endorsed by this member. Please register or login to hide this ad.

05-25-2006, 09:06 AM	#2
2fas4u Silver Member Car: 05 STI Location: Manchester, Maryland Posts: 1,871 Join Date: Aug 2005 Trader Rating: (3)	yes I know and the simple answer is no! Most insurance only covers what the cost would be to replace the car back to the "stock" condition was. There are a few companies out there that will provide you a "rider" that would cover additional items but it costs, plain and simple. Don't feel bad, I have almost $40K in mods and if something bad happened I would get paid for a stock 05 STI minus depreciation....

05-25-2006, 09:33 AM	#4
fourseasonsandles Silver Member Car: 06 CGM Wingless Fav Mod: The Newest One! Location: Ra cha cha NY Posts: 3,337 Join Date: Sep 2005 Trader Rating: (0)	I have progressive and I know they will cover the first $1000 worth of parts. After that I am not sure what happens. I think you have to pay extra premium for more. I work for State Farm and I am pretty sure that they dont cover mods.

05-25-2006, 09:48 AM	#6
sti robot Spec C Club Car: 04 STI Java black w/ Fav Mod: a garage Location: Just outside Manassass VA Posts: 1,419 Join Date: Sep 2005 Trader Rating: (0)	sidenote...not a hijack. I have heard that some homeowner's insurance covers the loss of items stolen from a car. I believe this only applies to things that aren't part of the car. So a head unit that isn't installed would be covered, but one that is won't.

05-25-2006, 01:46 PM	#7
JKonquer Spec C Club Car: AW 05 WRX STi Fav Mod: Recaro Racing Seats Location: CA-burbank and palm sprin Posts: 2,159 Join Date: Sep 2004 Trader Rating: (2)	when i got in accident long time ago, they covered every parts, like carbon fiber hood, intake, wheels, strut, etc.-it was my celica. and it wasn't my fault. Remember factory parts costs more than after market parts, so get money for factory parts buy you aftermarket part when you get check from them. only thing it would not cover is probably front mount intercooler

05-25-2006, 02:00 PM	#8
fourseasonsandles Silver Member Car: 06 CGM Wingless Fav Mod: The Newest One! Location: Ra cha cha NY Posts: 3,337 Join Date: Sep 2005 Trader Rating: (0)	I suppose if you get a check from the insurance company to fix your car you could do what you wanted with it and use it to buy aftermarket parts. I know for a fact that state farm will use quality recycled parts or aftermarket parts before going with OEM because it saves them money. Sometimes the aftermarket parts are cheaper and have a better warranty.

05-25-2006, 02:45 PM	#9
subbiesoul Junior STI Driver Car: 05 CGM wrx STi Fav Mod: my ass Location: tallahassee, fl Posts: 57 Join Date: Oct 2005 Trader Rating: (0)	Yes, progressive does cover 1000$ of bolted down aftermarket parts. If you are someone that has 10k in mods in the car or even 40k, you can get a stated amount policy that will cover everything thing you claim on the policy, yes it costs more, but think about it. One bad splitt second and your 40k in mods become salvage yard gold!! And also, if insurance companies totle your car, you can purchase the car from them for salvage value(roughly 20% of acv depending on condition of vehicle and type of accident)

05-26-2006, 02:05 PM	#10
obpsuby Amateur STI Driver Car: 05 STi Fav Mod: Defi Gauges Location: TN Posts: 30 Join Date: Mar 2006 Trader Rating: (1)	I have state farm. I had a run in with a dog a few years back in my s-10. They paid for my aftermarket front valence and a few other small things that was already on the truck. I'm not real sure if they have a limit to the $ amount of aftermarket parts they cover, but i'll bet they probably do. Also the valence did cost more than the oem part and the other parts were not on the truck from the factory. They didn't say a word about the parts. They found out what the parts cost and cut me a check.

05-26-2006, 03:04 PM	#11
Blaiser Spec C Club Car: 06 white w/gold STi Fav Mod: gt40r Location: Orange, CA Posts: 1,226 Join Date: Apr 2005 Trader Rating: (6)	YES...i have state farm! good news for me.