Decatting vs insurance

[XMAX]

I was reading through my insurance portfolio for my 325i and came accross a section where I was asked if the car has been modified to improve performance, to which I had said no.

This, along with the decatting thread got me to ask the question of whether decatting would fall into this category of ' perfornance upgrade' and how it would affect the insurance.

 

[andrewbuch]

well your exhaust was broken, so you replaced it with a different brand

its like if you replace brake disks & pads with better ones that perform better..

 

[Truvalu]

I was reading through my insurance portfolio for my 325i and came accross a section where I was asked if the car has been modified to improve performance, to which I had said no.

This, along with the decatting thread got me to ask the question of whether decatting would fall into this category of ' perfornance upgrade' and how it would affect the insurance.

Not part of performance upgrade... in the sense they look at it.

 

[P1000]

I was reading through my insurance portfolio for my 325i and came accross a section where I was asked if the car has been modified to improve performance, to which I had said no.

This, along with the decatting thread got me to ask the question of whether decatting would fall into this category of ' perfornance upgrade' and how it would affect the insurance.

Not part of performance upgrade... in the sense they look at it.

That's good news. Can you please elaborate on what would qualify as a performance upgrade and how much it could affect your premiums? (seeing as you are in the insurance industry)

 

[XMAX]

Thanks for the feedback.

I currently have an aftermarket warranty. Would anyone know if decatting would negatively affect this.

 

[rick540]

Cats cause fires they get so hot, I think it's good for insurance to have them removed.

There are hundreds of stories about burned out cars after some innocent dude pulled off the highway to take a leak or something and the cat has set leaves/grass on fire under the car.

Same goes for an accident then the exhaust bends and cat touches something and sets car alight.

Stupid things no matter how you look at it IMHO, they should leave cats off cars and go after coal fired power stations instead (the real evil) if they want to clean the environment up.

 

[Sankekur]

Cats cause fires they get so hot, I think it's good for insurance to have them removed.

There are hundreds of stories about burned out cars after some innocent dude pulled off the highway to take a leak or something and the cat has set leaves/grass on fire under the car.

Same goes for an accident then the exhaust bends and cat touches something and sets car alight.

Stupid things no matter how you look at it IMHO, they should leave cats off cars and go after coal fired power stations instead (the real evil) if they want to clean the environment up.

+1000

 

[Truvalu]

Cats cause fires they get so hot, I think it's good for insurance to have them removed.

There are hundreds of stories about burned out cars after some innocent dude pulled off the highway to take a leak or something and the cat has set leaves/grass on fire under the car.

Same goes for an accident then the exhaust bends and cat touches something and sets car alight.

Stupid things no matter how you look at it IMHO, they should leave cats off cars and go after coal fired power stations instead (the real evil) if they want to clean the environment up.

I very, very nearly removed the cats off my car yesterday, but I got in underneath the car on the lift and the owner of the fitment centre looked at it as well and said "these things still look brand new, it would be a waste to remove them" nothing loose, no rattles etc.

I still want to though....

 

[andrewbuch]

Cats cause fires they get so hot, I think it's good for insurance to have them removed.

There are hundreds of stories about burned out cars after some innocent dude pulled off the highway to take a leak or something and the cat has set leaves/grass on fire under the car.

Same goes for an accident then the exhaust bends and cat touches something and sets car alight.

Stupid things no matter how you look at it IMHO, they should leave cats off cars and go after coal fired power stations instead (the real evil) if they want to clean the environment up.

I very, very nearly removed the cats off my car yesterday, but I got in underneath the car on the lift and the owner of the fitment centre looked at it as well and said "these things still look brand new, it would be a waste to remove them" nothing loose, no rattles etc.

I still want to though....

The thing with cats is they still look new but are blocked inside

Get rid of it

 

[Truvalu]

A modified car is one that had changes made to it that differs from the specifications (on record with insurance companies) of the original manufacturer. Modifications can include extra parts or replacement of the original parts. Cars are usually modified to increase the speed of the car such as replacing the original engine or tuning the engine and even replacing the wheels.

When you modify your car it is seen by car insurance companies as a non-standard car and you will no longer qualify for “normal” car insurance. Some car insurance companies will not even take on the risk of insuring a modified car. There are insurance companies that do insure modified cars but be prepared to pay more for your monthly car insurance than what you would pay for a non-modified car.

The main reason for the difference in the insurance price is that the assumption is made that cars are modified to increase their speed. Speed equals higher risk – more accidents and more serious accidents – increasing the amount that will be paid out on one specific claim. It is also a fact that, in case of an accident or other insurable risk, the cost to fix the modified vehicle is higher. Do not take the chance to try and insure your car without declaring the modifications you have made; you could be found out sooner or later. An assessor will investigate the damage after an accident or other claim and will discover the modifications. This could render your insurance null and void.

It is therefore better to make sure that you have record of your effort to inform your insurance company/broker of any modifications on your vehicle.

The insurance company could in some circumstances increase your premium, add an extra excess to your contract, exclude certain insurable risks or just accept it as noted.

Most insurance companies have a standard exclusion on taking part in organised racing/track days etc.

Better be Sure than Sorry!!

PS.: This will differ from company to company.

Hope this helps....

There is so much more info I could share, if you guys need.

 

[moranor@axis]

i think you should start a thread about this...