SVT4MT
Well-known member
Similar experience here with my '06 GT back in the day.
I called my insurance company to ask about mods before I installed them ( kind of ) , and the insurance company essentially told me if I supercharged the car or did any sort of mods, the only conclusion was that I intended to illegally street race the car and kill dozens of innocent bystanders. They even asked me why I wanted to make the car faster, if I wasn't going to race it ???
Oddly enough, if I had been able to buy a factory supercharged '06 GT500 at the time , that would have been perfectly fine with my insurance company, because thats how it rolled off the line.
The insurance policy is based on a known quantity, and a factory produced car , whether it's a GT500 or GT 'vert or a base EB Mustang , is a known quantity. Start throwing on mods, it's no longer a known quantity, and that would be fraud, which would result in a denial of coverage if an accident were to occur and the car was modded. ( Not my words, but you get the idea they were doing their best to discourage me from doing anything to the car, over the top language included )
Unless you're with a company that is willing to take the time and effort to factor in the mods you make, like Hagerty. Most insurance companies can't be bothered to make any extra effort, other than billing you for your policy and processing your payment.
I called my insurance company to ask about mods before I installed them ( kind of ) , and the insurance company essentially told me if I supercharged the car or did any sort of mods, the only conclusion was that I intended to illegally street race the car and kill dozens of innocent bystanders. They even asked me why I wanted to make the car faster, if I wasn't going to race it ???
Oddly enough, if I had been able to buy a factory supercharged '06 GT500 at the time , that would have been perfectly fine with my insurance company, because thats how it rolled off the line.
The insurance policy is based on a known quantity, and a factory produced car , whether it's a GT500 or GT 'vert or a base EB Mustang , is a known quantity. Start throwing on mods, it's no longer a known quantity, and that would be fraud, which would result in a denial of coverage if an accident were to occur and the car was modded. ( Not my words, but you get the idea they were doing their best to discourage me from doing anything to the car, over the top language included )
Unless you're with a company that is willing to take the time and effort to factor in the mods you make, like Hagerty. Most insurance companies can't be bothered to make any extra effort, other than billing you for your policy and processing your payment.
they will cancel the insurance of your car right away.
