Do car insurance companies cover performance parts in an accident?

I made some modifications to my car's engine that significantly increased its value. Can I insure my car based on its value with modifications?

Answer
“Standard auto insurance will generally not account for the cost of aftermarket modifications such as a more powerful engine. That said, you can get coverage!
Some companies offer aftermarket part coverage under comprehensive coverage. You may also be able to purchase custom parts and equipment coverage. Custom parts coverage typically will cover up to $5,000 worth of modifications.
In the event of an accident where your vehicle is totaled, insurers usually pay out claims based on the actual cash value (ACV) of your car. If someone else is responsible for damaging your car, you may need to prove that the engine increased its value. Keeping track of your modifications and their cost will help prove this.
If your current insurance company doesn’t offer the coverage you need, or if you’d like to shop around, you can use the Jerry app. Jerry gathers quotes from up to 50 top insurance providers and delivers the best deals to your phone in minutes for free.”
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Sophie Newman
Answered on Sep 16, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.
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