Warning to those that dont declare mods to insurance

[vRStu]

Admiral = Elephant

Be careful with them.

[GTIite]

Well I've paid for my Revo remap but haven't had it loaded yet due to having a ECU check sum error. Got in there while it was £400 not £500!!  So going to be giving the insurance company a ring tonight to see how much more its going to cost! Paid £2000 for my 1st year and £1300 for this year. I'm 22 so really hoping I dont get raped for it!! 

Get yourself some good lube else it's gonna hurt 

Lol!! Cheers for the advice!

[vRS Carl]

Why don't you try Adrian Flux?

[yin]

I don't think that you need to be a rocket scientist to have realised that forum sponsored insurance companies will be assessing the clients via their postings.

The problem was the insurer canceled policy based on a single post failed to notify the client but kept taking the monthly payments which is just wrong on all counts really

[vRS Carl]

In that case the client would still be insured surely

That would make an interesting road side discussion with the fuhrer and subsequent court appearance.

[tony_danza]

I know someone who tried to be a smartarse and run a heavily modded car on a straight policy. They found out via a forum, cancelled his policy and pretty much blacklisted him in the insurance market as a fraudster.

Nobody is legally bound to insure you, I can see blacklisting being more common soon enough.

[GTIite]

Why don't you try Adrian Flux?

I would do but, Im not really in there good books, because of this...



Car was only third party but the price of the lamp post I took out on the motorway was £4000

[yin]

In that case the client would still be insured surely

That would make an interesting road side discussion with the fuhrer and subsequent court appearance.

 Client found out had no policy when pulled by police.  And that is still on going

[vRS Carl]

I know someone who tried to be a smartarse and run a heavily modded car on a straight policy. They found out via a forum, cancelled his policy and pretty much blacklisted him in the insurance market as a fraudster.

Nobody is legally bound to insure you, I can see blacklisting being more common soon enough.

Whilst i can understand the rationale behind that i would suggest that will only cause more of a problem. There are enough people on the roads already with no insurance or paying for insurance that is void due to undeclared mods. It wouldn't stop them driving

[vRS Carl]

Why don't you try Adrian Flux?

I would do but, Im not really in there good books, because of this...



Car was only third party but the price of the lamp post I took out on the motorway was £4000

Surely a bit of T-Cut and Superglue would have fixed that

[vRS Carl]

In that case the client would still be insured surely
That would make an interesting road side discussion with the fuhrer and subsequent court appearance.

Client found out had no policy when pulled by police.  And that is still on going

Will be interesting to know the outcome!

[Pablos007]

I would do but, Im not really in there good books, because of this...

I hope you had declared the foliage mods??? 

[S2 Ant]

I would do but, Im not really in there good books, because of this...

I hope you had declared the foliage mods??? 

I've never seen a "Camo" tick box on the modification list before lol

[stealthwolf]

You often get insurance companies saying factory fit options are modifications.

Any change to the car from when it came out of the factory is a modification. Even if you had a GTI with Monzas and decided to go for Pescaras - that's a modification, hence needs to be declared. Ditto for changing halogen headlamps to oem xenons. I heard about one guy getting his insurance voided because there was a sticker - a sticker on the car!

The problem was the insurer canceled policy based on a single post failed to notify the client but kept taking the monthly payments which is just wrong on all counts really

But when you take out a policy, you're meant to pay it off as a lump sum. Eg if your insurance policy for the twelve months comes to £1200, you can pay it off in one go, or you can pay it off in monthly amounts. The latter is essentially financing your premium (which is why the total amount paid would then come to more than £1200).

Imagine you took out a policy for £1200. You paid it off as a lump sum. You then fail to declare say tinted windows. Insurance company finds out five months into the policy and voids your insurance. They don't have to pay you back the remaining seven months' worth of insurance. This doesn't change when you go to monthly payments - you still have to pay off the premium.

[tony_danza]

I know someone who tried to be a smartarse and run a heavily modded car on a straight policy. They found out via a forum, cancelled his policy and pretty much blacklisted him in the insurance market as a fraudster.

Nobody is legally bound to insure you, I can see blacklisting being more common soon enough.

Whilst i can understand the rationale behind that i would suggest that will only cause more of a problem. There are enough people on the roads already with no insurance or paying for insurance that is void due to undeclared mods. It wouldn't stop them driving

I see the wider implications, but that's not the insurance company's problem, that belongs to the law.

What would be there problem is him wiping out some city banker in his prime with a few kids and the several million pounds they'd have to pay out.. Every insurance company has the right to sue the policy holder for the money they've paid in a 3rd party claim if they deem the terms of the agreement to have been knowlingly broken.

So, insurer pays out £5m. Insurer finds out you'd been telling porkies. Insurer sues customer and wins (there's been several high profile cases recently and a precedent has been set).

= Customer's life ruined. They'll take every penny you have and will ever earn.. all for the sake of £50 to declare X, Y or Z.