04-06-2004, 08:39 AM
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Senior Club Cobra Member
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Join Date: Oct 1999
Location: Menomonie, Wisconsin,
Posts: 3,505
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Not Ranked
Insurance & Tuners: Beware of the Trend
AutoWeek had an interesting piece on insurance companies and tuners that might be of interest to some of you. Loosely defined, the tuners are those Fast & Furious types (Acuras, Hondas "Subis", EVOs, etc) who elect to modify their cars through motor and suspension tuning.
In Canada, State Farm is dropping coverage on those people who make these modifications, especially the lowering of the car, without contacting the company before receiving permission from their agent. They go on to say that they will not cover a person, even though insured, if an accident occurs and the company finds that modficiations were made without notification. The next step is if it will carry south to the States.
The article said that this is somewhat equivalent to what we saw in the late 60s with the muscle car era. The insurance industry must be seeing an increase in claims with this group and is taking some pretty bold and decisive action.
Does this mean that my Neon ACR is in trouble?
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