AntD Posted November 12, 2005 Share Posted November 12, 2005 Hiya peeps I've just ordered a Greddy titanium exhaust from Envy.Does this influence the insurance by much ,if any? Quote Link to comment Share on other sites More sharing options...
Scoboblio Posted November 12, 2005 Share Posted November 12, 2005 It depends completely on the insurance company mate, you'll have to ring them to find out... mine was put up by about £20 a year which is a bargain if you ask me. Quote Link to comment Share on other sites More sharing options...
Sharpie Posted November 12, 2005 Share Posted November 12, 2005 They will ask "Does it increase the power of your car" I think I said "Less than 10% increase" as they will ask you by how much which,they were happy with and charged me £X for the rest of that year. Quote Link to comment Share on other sites More sharing options...
Terminator Posted November 12, 2005 Share Posted November 12, 2005 I was really lucky a full stainless exhaust was no extra:clap: Quote Link to comment Share on other sites More sharing options...
Scoboblio Posted November 12, 2005 Share Posted November 12, 2005 Yeah, I find the best phrase is "it's more efficient" rather than "it's huuuuge, increases power and sounds like a jet taking off" Quote Link to comment Share on other sites More sharing options...
AntD Posted November 12, 2005 Author Share Posted November 12, 2005 Thanx for the advise.Now just the long wait before it gets delivered:ecstatic: Quote Link to comment Share on other sites More sharing options...
Pig Posted November 12, 2005 Share Posted November 12, 2005 Cost me about an extra £150 with elephant. Not really mod specialists so they are scared of everything like that Quote Link to comment Share on other sites More sharing options...
DShox Posted November 12, 2005 Share Posted November 12, 2005 easy - dont tell em! Would you tell em if you fitted internal neons or put side skirts on your car? Point I'm making (being an professional Insurance Broker) is that I do not see a different exhaust as a 'material fact'. I believe that it does not materially increase the risk to the insurance company - they would find it very hard to avoid a claim on the basis of an exhaust. It's an excuse for cash because the chap answering the phone has no underwriting authority and simply ticks a box on screen to add some premium. Quote Link to comment Share on other sites More sharing options...
Suprasteve Posted November 12, 2005 Share Posted November 12, 2005 easy - dont tell em! Would you tell em if you fitted internal neons or put side skirts on your car? Point I'm making (being an professional Insurance Broker) is that I do not see a different exhaust as a 'material fact'. I believe that it does not materially increase the risk to the insurance company - they would find it very hard to avoid a claim on the basis of an exhaust. It's an excuse for cash because the chap answering the phone has no underwriting authority and simply ticks a box on screen to add some premium. i'm not disagreeing with you, just saying what a close friend, who also deals with insurance, said to me - the insurance company could choose not pay out in the event of a claim if all mods were not disclosed and his company have been known to not pay out cos of undisclosed exhaust mods. Even things that you thought would help you take car of the car like a boost gauge etc.. Lets face it most insurance companies will do their best not to pay out and use anything as an excuse. Quote Link to comment Share on other sites More sharing options...
DShox Posted November 12, 2005 Share Posted November 12, 2005 sure. thats well harsh if that happens - I'd defo take em to arbitration for that. if you're completely new to all this import business (and you could always claim you were), you could say that you thought you were driving a standard car (clearly you cant do this if its got a big single on or sommit) - "you must declare all material facts to the best of your knowledge or belief". Quote Link to comment Share on other sites More sharing options...
Sharpie Posted November 12, 2005 Share Posted November 12, 2005 =DShox]easy - dont tell em! Would you tell em if you fitted internal neons or put side skirts on your car? Point I'm making (being an professional Insurance Broker) is that I do not see a different exhaust as a 'material fact'. I believe that it does not materially increase the risk to the insurance company 1st the exhaust, now side skirts - where does it end ? Example: If you put a body kit on the car, does it not make it: A: Stand out from the norm B: Make it more expensive to replace (In their eyes) C: Make it more interesting to the theif due to A above = a higher risk assesment to the insurance company - When the owner is making a claim down the line ? In my eyes, if you have just stacked your car - do you really want to give the insurance company ANYTHING to get out of paying out ? For the sake of a few bob extra for the exhaust ? A few bob v Repair/Replace car ££££'s - a no brainer in my book. (I'm not saying I agree with the way the industry is run or how punters are fleeced at every point but, give them an inch and who looses ?) Quote Link to comment Share on other sites More sharing options...
DamanC Posted November 12, 2005 Share Posted November 12, 2005 Phone them up, ask them how much, if you wanna pay the extra, do it and put it on. If its an unreasonable price then leave it off Quote Link to comment Share on other sites More sharing options...
DShox Posted November 12, 2005 Share Posted November 12, 2005 i agree with the increased theft risk. not declaring is a risk in itself - but insurance contracts are applied under the principle of 'reasonableness' due to their special nature of being contracts of 'good faith'. the ABI will see to this - if u feel badly treated by an insurer give em a call. alls I'm saying is if I had a new exhaust - I wouldn't say it materially increases the power or theft risk of my car...ok if I start adding more and more small additions then I'd be interested in safely protecting my investment and so its a different ball game. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.