Insurance Rates and Risks Go Up When Drivers "Car Tune"
USA- Drivers who engage in car tuning, modifying a vehicle, can suffer a number of repercussions. One likely result is an increase in that person's insurance rates. On average, the insurance rates for these drivers will increase by about five percent.
The higher prices could be a combination of a greater risk of crashes as well as the appeal of these modified vehicles to car thieves. In many cases, drivers who modify their cars do not inform their insurers. While this will prevent the higher insurance rates, it can lead to serious problems if that driver becomes involved in a collision. It is possible that the insurance company will refuse coverage or paying on a claim if it learns that the car underwent modifications which the owner failed to report.
One study also found that drivers who modify their cars are about 27 percent more at risk of being involved in a collision. Some car modifications violate laws, such as is the case with tinted windows of a certain calibre or modification of brake lights. Either of these features can lead to higher risks and lower visibility. It is also possible the police will issue citations because these cars are in violation of regulations. For drivers who insist on car tuning, it is important to understand that modifying your vehicle can reduce its resale value. If you do modify your vehicle, make sure to get the work done at a reputable garage that does not impact the safety and handling of your vehicle. Inform your insurer of any modifications to avoid violating your insurance policy in the event you are involved in a wreck in the future.
Put Our Law Firm's Legal Experience To Work For You! We Know What It Takes To Win!™
While we hope you are safe and never need our services, we are here to help you if you are involved in any type of accident or just have a question. Call Montlick & Associates, Injury Attorneys, for your free consultation today. Our law firm has been representing those who suffer serious injuries for over 37 years and our attorneys have recovered billions of dollars for our clients. We Know What It Takes To Win!™ Please visit our read Montlick and Associates reviews to see what our clients have to say about our commitment to exceptional service.
No matter where you are located our attorneys are just a phone call away, and we will even come to you. Call us nationwide 24 hours day/7 days a week for your Free Consultation at 1-800-LAW-NEED (1-800-529-6333), or simply dial #WIN (#946) from your mobile phone. You can also visit us online at Montlick.com and use our Free Case Evaluation Form or Free 24-hour live chat.