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Question about proper coverage from icbc Hey guys I was wondering if anyone knows the correct approach to take in insuring a car say with modifications in terms of being protected in the event of collision/writeoff etc... Basically a vehicle with a new engine and other transplanted parts from a newer vehicle won't get into detals about it... autoplan guy wasn't very helpful as he didn't know which steps to take.. Do I just get it appraised? Anyone have any experience with this situation good or bad? Thanks |
This was mentioned in the R34 stolen thread. I forget what it was called but there is a special plan |
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Anyway, took me about 30 seconds to find this on ICBC's website: http://icbc.com/autoplan/optional/ve...cial-equipment |
Try going to another autoplan.... or call ICBC... They would have the most accurate information to help you out. |
Thanks guys although the icbc link doesn't help though......basically if anyone with an eg has done a k20 conversion what options have you taken? Aside from receipts, what else is sufficient? I guess I will have to phone icbc directly. |
Appraisal. And arguing when your car gets written off. That being said, your car will be covered for my 1/6 of what it's worth. Try going private. Or, accept that you have a modified car and anytime you crash a modified car you're fucked. Hopelessly fucked. |
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It depends on the age / model of the car. Basically you won't get full amount back if you modify your daily driver (according to ICBC's definition of your daily driver.) I have made a post about it here. |
Keep your receipts and have an appraisals done on the vehicle. Your in a way covered up to the first $5,000 in attached modifications (ie: paint jobs, wheels, etc.) in the regular coverage. ICBC also sells an excess special coverage coverage on top of the $5,000; they use like an special ratio for this coverage (ie: every $100 worth of mods could be xx dollars). |
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