When you have "full-coverage" auto insurance, it is easy to assume that everything on your vehicle is covered. However, that may not be case if you upgrade your vehicle or carry around expensive personal belongings in your vehicle.
If you enjoy customizing your vehicle, you need to call up your insurance agent today and find out if all of your customizations would actually be covered if you were to get into an accident. Most insurance companies have a cap on the value of custom parts that they would replace should your car be in an accident or stolen.
Customization doesn't have to mean that you put an entire new engine under the hood of your vehicle. Adding really nice rims to your vehicle is a customization. Other customizations include adding a spoiler to your vehicle, custom light arrays, running boards and even custom paint jobs. It could also include smaller things like custom floor mats and seat covers.
Add up the value of all the aesthetic customizations on your vehicle and see if they exceed the limit of coverage that your auto company provides for customizations. If the value exceeds your coverage, you'll want to add additional coverage to your insurance policy to protect your investment.
#2 Personal Items
Second, if you carry a lot of personal items in your vehicle, you are going to want to make sure that they are covered. Personal items are anything in your vehicle that is not part of the car. For example, your laptop, tablet, cell phone and anything else that you bring in and out of your vehicle on a regular basis.
Some insurance companies will cover a small amount of personal belongings should they be stolen out of your vehicle. Other companies will not really cover anything for you and require your personal belongings to be covered under your home owner's insurance or renter's insurance. Even then, personal items that are away from the premise of your home generally have a coverage limit as well.
Add up the value of replacing everything that you normal transport in your vehicle, and make sure that your auto insurance or homeowners/renters insurance would cover the value of those items. If you carry more personal belongings than either insurance covers, you may want to add a little extra coverage to your insurance.
Call your agent at a place like Kuresman Insurance and make sure all the extras you put in and on your vehicle are actually covered.