Is my whole vehicle insured?

If you have taken out a motor policy, you need to be aware if the policy covers any accessories or modifications automatically or they need to be specifically listed on the policy. Most policies require all non-standard accessories, attachments and modifications to be listed individually with the replacement cost for each on the policy.

The potential ramification of not having accessories and modifications covered is that the insurer will either replace your vehicle or cash settle on the current market value without factoring in the additions you have added if there was a total loss, leaving you out of pocket. Or a worse scenario would be that the insurer denies a claim due to non-disclosure regarding accessories or modifications.

What are vehicle accessories?

Motor vehicle accessory means an additional part or fitting intended to be attached to or carried by a motor vehicle for the purpose of enhancing its comfort, appearance or performance, other than a part or fitting prescribed as not being a motor vehicle accessory.

Some examples of accessories are bull bars, window tinting, tow bar.

What are vehicle modifications?

In general, any vehicle enhancement not made at the factory is considered a modification.

Some examples of modifications are vehicles suspension being upgraded, steel tray added, LPG conversion.

Be careful of non-standard accessories or modifications that have been added by a previous owner of your vehicle, even though you have purchased the vehicle with these included they will still need to listed separately.

If you need any assistance or advice around motor vehicle insurance, contact our team at Provide Insurance.