Insurance for Modified Cars
 

Hi Camaro nation,

I'm looking for recommendations for primary or supplemental auto insurance that covers performance modifications. I'm sure this has come up in a forum, but I was unable to find a thread covering this question.

Thanks!

Hey buddy I just asked a similar question about a month ago.
https://www.camaro5.com/forums/showthread.php?t=593881
Yeah like I said in one of the post in there I have geico, so I gave them a call and told them I was going to do some mods. Then the lady asked me if I have done the mods already 🙄 and I didn't want to lie so I said yes. She then asked me how much in mods have I done so I just threw a number out there and $5000. I asked her if I could call back, she then told me that I had to add the extra $5000 because I had already done the mods. So I went ahead and added the extra coverage because it was only like $20 more a month. I didn't want to tell her that I had 12k in mods because I wasn't sure that I wanted to insure that much because of price. But now if I total my car now I will get 19k instead of 14k. Not bad I guess but I think that next term I might increase it to 25k total because I actually have 12k in mods and repairs.

What insurance carrier do you have?

Hagerty

I ran a quote. Not too bad, might give them a call. Thank you!

I have USAA and they aren't interested in covering modifications. I ran a Hagerty quote; I'll try Geico too and see what I get. Thanks!

Call back and ask if you do $7000 more in mods, what would your payment be..

Hagerty for the win! Very reasonable quote with enough coverage for my mods! Thanks for the lead!

Sweet. Glad I was able to help out.

Hagerty here as well, 25K agreed value. you won’t regret it!

Progressive
 

I have progressive and my ZL1 is insured for $95,000. I totaled my last ZL1 and they did pay out for the mods (but they depreciated the pay out price from the coverage date). So they paid out like $89,000. They will not pay out for your time working on your own car. I had a spread sheet of all mods with prices and all the receipts. My insurance broker also took pictures of the car and obvious mods.
Hagerty needs for the car to be in a locked garage and limits mileage driven. I do not have a garage, but during the winter when the car is not driven I lower my rates by putting it into storage.

Hagerty does NOT limit mileage or require a locked garage. They insured my SS and now my Z06.

Hagerty asked me how many miles I drive a year and I told them about 7k. So I asked them what if I go over and they told me to just call them and let them know my actual mileage at the end of the year so they could update my records. And they asked me if my car would be parked on the street, under a carport, or in a garage and I told them a garage. So it was unclear whether those were requirements or not. But since the way they asked me I'm guessing no.

Hagerty
 

Good for you, That is what they told me... When they asked me street, carport or garage I told them carport. They told me no for the carport, but they were working on adding carports.

I remember the main reason they turned me down, I told them I have 1,000hp and modified suspension. Even my insurance broker could not talk them into insuring the car.

All of you saving money on ins. more power to you! I am jealous! Keep it between the lines...
:grayvertshift:

I’ve got Hagerty on my 72 K20 as well and it’s parked in the driveway in front of the house. The Camaro stays in the shop but it wasn’t a big deal if it was outside either. I’ve had them for about 2 years now. I’ve got my Camaro insured for 3K miles a year and the truck for 7K. They told me when I started out with them that it I went over the mileage caps it wasn’t a big deal.