Best Insurance for Modified Cars
Generally, standard auto insurance doesn’t cover modified cars. Custom parts coverage is necessary to protect your modifications. With this, the cost to repair or replace your customizations is covered. Suppose an owner of a modified car doesn’t have this coverage. In that case, they’ll only receive the actual cash value of their vehicle minus the modification cost in the event of an accident.
Updated: March 4, 2023
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About Mark Fitzpatrick
Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.