Quote:
Originally Posted by Mr_ET
I just never told my insurance company and never got into an accident. Your points are all valid but that is the price you pay for wanting to make your car different.
My old civic will only have liability coverage and my guess is if I told allstate I'm going to road race and auto x it they would refuse coverage.
The reality is that unless you're giving an insurance company money to provide you nothing in return it's not worth it on their end and they will do everything they can to rape you in case of an accident.
|
Using this logic, you might as well just not buy insurance at all. Besides, you have voided your policy by not disclosing a material fact to the insurer. This is what the legal industry calls "nondisclosure".
If something you do to your car increases the risk of loss, the insurer has a right to charge more.
I think the original poster's real problem is that he doesn't want the stigma of dealing with a secondary insurance market. $1,650 doesn't seem to be an atrocious premium (depending on the coverage he is receiving). Even here in Saskatchewan, where we have government automobile insurance, it's costing us about $1,200 a year to insure our '09 Fit with stock engine.