Auto insurance in Evergreen is designed to provide protection in the event of unexpected events, whether it’s a tornado or a car accident. If you’ve made expensive upgrades to your vehicle, it’s important to ensure they’re adequately covered under your policy.
Minimum Insurance Coverage
Minimum liability insurance only covers the other party’s bodily injury and property damage if you are at fault in an accident. Underinsured/uninsured motorist protection provides coverage if you are involved in an accident with someone who lacks insurance, and it’s their fault. However, these types of coverage typically do not extend to expensive upgrades or modifications to your vehicle.
To ensure your personal property is covered, you’ll need comprehensive and collision coverage.
Standard Coverage Limitations
Most auto insurance policies do not cover expensive upgrades or modifications. Standard policies typically have coverage limits designed for factory parts, rather than aftermarket accessories or upgrades. If your car is involved in an accident, you may exceed these coverage limits and be required to pay out of pocket unless you opt for additional insurance specifically for upgrades.
Coverage for Aftermarket Parts
There are options available for covering aftermarket parts, but these vary depending on the insurance company. It’s essential to speak with an agent at Davidson Insurance Agency to explore your options.
One option is a modified car policy, which focuses on the increased value of modified vehicles and often includes higher coverage limits. Some insurers allow you to purchase additional coverage limits for your existing policy to cover aftermarket upgrades. Others may agree on the total value of your car for insurance purposes, ensuring that your upgrades are accounted for.
At Davidson Insurance Agency, we understand the importance of having adequate vehicle coverage. Our agents will work with you to discuss your upgrades and your car’s value, ensuring your policy meets your needs. Contact us today to learn more. We proudly serve the Evergreen area.
