Ram Insurance, Mod Coverage?

[C3ntury]

What is everyone running for insurance on your modded Rams? Are they covering everything from your rims to your engine mods or are you having to get separate insurances?

 

[lilzilla2008]

I got insurance on my wheels through the dealership, engine mods are not covered that I've ever seen. I don't know of any insurance that would cover mods to be honest

 

[GreenClassic]

You can get additional coverage from insurance companies called something like non-factory equipment coverage. You have to give your insurance company a list and value of the modifications. I don't know if they would cover performance modifications, though.

 

[charonblk07]

General insurance companies won't cover mods unless you have a specific policy to cover them, audio equipment is a common one, but rarely will they cover mods, especially performance mods. In fact, a lot of insurance companies will cancel the policy if it has performance modifications. There are a few specialty insurance companies that cover things like classic cars, dedicated racing vehicles, etc and they are all 'agreed upon value' policies.

 

[1qikdsl]

I had 15,000 in extra coverage on my 06 ctd through American family insurance. I had a full Carli dominator kit with triple bypasses and tons of performance goodies as well. I had to give my agent a list of mods with pics and pricing.

 

[BoldAdventure]

Make sure you get written agreed upon value, not cash value in your policy. Agreed value, means they will pay a fixed amount, period. Actual cash value means they'll determine the market price at the time of loss.

Bought rims and tires last year? Paid 2000 and had them stolen a year later, then the insurance company goes"Oh, well depreciation, yada yada heres $600.00 actual cash value if you had sold them today"

 

[Eddie30]

Like he said, very good advice

 

[Lawhand]

best thing to do is just expect mods to not be covered and then be happy if they cover any of them.

that or invest in a CUR dog to protect and chase away any would be theives