Clear bra covered by insurance?
04-17-2006, 06:38 AM
#3
It would be covered if you tell your insurance company that you installed a clear bra, then they adjust your payments to reflect that your car is worth more so then if you totaled your car, they would give you the amount of what your car was worth currently inluding money for a clear bra.
Think of it like House insurance. Let's just say that you claim that you had 30,000 worth of stuff in your house, they would calculate a monthly payment that you have to make to claim that amount. So if your house goes up in flames, they will write you a check for 30,000 for the stuff in your house that you have lost. Now... If you were to add in hardwood floors to your house, the proper thing to do would to go to your insurance company and tell them that you have added hardwood floors and that you have 35,000 worth of stuff inside your house. Then the insurance company would re-calculate an increase in your payments to cover a higher claim.
That's why the "proper" thing to do when you install a turbocharger is to inform your insurance that you put 10,000 worth of mods in your car... But of course we don't do that because 1, Your insurance will go up because of the increase in horse power and increase in worth of the car. And 2, your insurance company would probably drop you like a fly because if anything happened, they can't know if it was the turbocharger that helped in causing and accident.
This is what I have gathered talking with my car and house insurance company.
Think of it like House insurance. Let's just say that you claim that you had 30,000 worth of stuff in your house, they would calculate a monthly payment that you have to make to claim that amount. So if your house goes up in flames, they will write you a check for 30,000 for the stuff in your house that you have lost. Now... If you were to add in hardwood floors to your house, the proper thing to do would to go to your insurance company and tell them that you have added hardwood floors and that you have 35,000 worth of stuff inside your house. Then the insurance company would re-calculate an increase in your payments to cover a higher claim.
That's why the "proper" thing to do when you install a turbocharger is to inform your insurance that you put 10,000 worth of mods in your car... But of course we don't do that because 1, Your insurance will go up because of the increase in horse power and increase in worth of the car. And 2, your insurance company would probably drop you like a fly because if anything happened, they can't know if it was the turbocharger that helped in causing and accident.
This is what I have gathered talking with my car and house insurance company.
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