Car Customization and Car Insurance
A client’s son called me a few weeks ago. He’d was buying and wanted to discuss what the car insurance would cost for it. The car is an early 2000 Subaru WRX that had been nicely customized with a new suspension system, engine modifications, and wheels. The car insurance issue this raised was how to address the value of a car that’s 10 to 15 years old and had $15,000 worth of customization done in the last couple of years.
