While changing your car wheels to alloy ones or installing a new built-in car phone, the car insurance supermarket customers might see hike in your insurance premium.

According to a survey even small car modification might lead to rise in insurance premium like installation of in-car entertainment and navigation system. The modifications might seem stylish and attractive but you might have to shell out extra money not only for installation but also for insurance of modified car.

The installation of built-in car phone might lead to rise in premium of about 44%.The addition of alloy wheels might cost heavily to your insurance premium with a hike of 62%.Further the fitting of body kit will largely influence the premium and you might have to bear over 100% hike in insurance quotes.

The drivers need to be aware that any kind of modification in their car can lead to rise in their insurance premium. With rise in insurance premium up to 100% the motorists need to consider whether the modification is worthwhile extra insurance expense or not.

Some of the drivers do not declare any modification to their insurer to prevent any hike in their insurance premium but you might be risking your policy. The car owner might face rejection of claim in future even if you do not declare minor alterations like fitting of aftermarket CD player. The insurance companies can reject your insurance claim if the driver does not inform about upgradation in the internal entertainment as well as navigation systems.

The car owners need to check the terms and conditions of their insurance policy before any modification as some of the insurers count minor upgrading in car as modifications while others do not. It is wise to check the variation in your insurance cover cost after upgradation and shop around at car insurance supermarket to get the best deal for modified cars.

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