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> If the upgrade reduced your resale value, would you still disclose it? Did you disclose it to insurance companies when you had it done, since it could impact
by balls187 4y ago
> If the upgrade reduced your resale value, would you still disclose it? Did you disclose it to insurance companies when you had it done, since it could impact your rates?
Yes and No.
Yes--simply because I'd rather cover my ass from a lawsuit down the line if the new owner discovered the aftermarket tune.
No, as to my knowledge the insurance company doesn't care about street legal aftermarket upgrades.
- mynameisvlad 4y agoYou are technically supposed to inform the insurance company of any and all upgrades you make, street legal or not. They are insuring the car as it came from the factory, and while most upgrades won't change things substantially, there could be increased wear and tear, for instance, depending on the tune. You may not be legally required to, but the insurance company will pretend the upgrade doesn't exist at best, and actively claim it caused the damage, depending on the upgrade. https://www.valuepenguin.com/special-auto-insurance-coverage-for-car-modifications https://www.valuepenguin.com/special-auto-insurance-coverage... https://www.askadamskutner.com/auto-accident/insurance-for-aftermarket-parts/ https://www.askadamskutner.com/auto-accident/insurance-for-a...