Originally Posted by
tulowd
While some of your above points are valid, the wording of the policy specifically is what will be the contention for any settlement or subsequent civil court case, which it almost never comes to, certainly while talking about only the loss of the car itself. Probably different story if the mods contributed to the crash - cambered, air ride bag failure, 24" rim failing, etc.
When my highly modded SVO clone was written off, there was not one word mentioned of the mods for a way out of them paying. They simply insisted the car of that age in good shape was worth X. I sent them mod invoices for X x 4 and ended up getting Xx2 payout plus the car, which still didn't make me whole, but was way better than offers #1, 2 and 3. Note: I did have collision coverage, even though it was deemed the other driver's fault 100%.
This would have been the perfect situation for them NOT to cover me due to mods. Big wheels, motor, roll bar, lowered, etc etc etc. It was INTACT insurance, which is notorious for lowballing payouts and looking for claim denial sources, in part because they are usually the least expensive insurer.
The entire context of Mr. Harbingers thread was about his car, which is NOT modded, and even still at stock ride height. Most of the Mustangs on here likely fall into the stock category as far as insurance companies are concerned.
Anyone else have a claim on their Mustang in recent years ? Inquiring minds wanna know.