Oakvillebhoy

I'm close to 40, clean driving record, professional job, long no claims history valid in Canada, couple of cars, low milage use, willing to bring cars/house insurance over - That's all Im about to disclose on a public forum

Autonut

Got that the first time around.

Oakvillebhoy

Think you are missing the point everyone will insure me until I mention mods...

Autonut

Maybe I am, Why not call them improvements for better mileage and safety.
I didn't have a problem with my insurance, they know that I upgraded the car. They know the car was a base model when I bought it and they know that I added after market parts. They also know that I valued the car for more then I paid for it. They were just fine with that. Mind you I insure the 3 vehicles I own and my house with them. But who know when it's time to file a claim, will they pay up? I'm hoping so. I don't understand why they are giving such a hard time over something that will help you improve your gas mileage. Again, Just saying.

I understand now "Moved over from Scotland 3 years ago" This could be the reason. Only been driving in Canada for three years?

Ray Spencer

I like your view. But on the safe side I might check the regs in B.C. for my '05 4.0L. Don't have to worry about the GT.

Oakvillebhoy

You got me thinking autonut that there's maybe something in my profile so I got a couple of quotes for a laugh earlier, one for a 2010 stock Shelby and the other for 110k Porsche 911 Carrera. Both approved no issue which kinda p1sses me off even more won't give an extra 30bhp but I can insure for stock 200 more bhp.

Phone up and say you want to mod a 1.2ltr fiesta and you will be declined

Ruled out uk being issue majority of companies recognise my no claims and give me 3stars plus

Ray Spencer

In British Columbia you can have a vehicle modified providing that you can produce the receipts for the parts you installed and also have the vehicle inspected by a garaged deemed a licensed inspection station in the province. Once this is done then you can apply to the Insurance Corporation of B.C. to have the vehicle registered as a modified vehicle. Maybe you should check with the Ontario Department that regulates vehicles to see if they have the same policy, this might satisfy the insurance companies.

The following is cut from the ICBC (Government Insurance) Website.

Modified vehicles
Do you own a passenger or commercial vehicle that's been modified? If it qualifies, it can be registered as a modified vehicle. Then you can get plates and insurance for it and put it on the road.
What's a modified vehicle?
For registration purposes, a modified vehicle means a motor vehicle of a manufacturer's make
whose body, chassis, power train or steering and braking components have been altered by somebody so that the vehicle resembles, but is no longer identical to, the original vehicle, and
whose gross vehicle weight is 5,000 kilograms or less.
How do I apply to have my vehicle registered as modified?
Gather together and photocopy your receipts, bills of sale or invoices for the major components of the vehicle.
Obtain a "passed" vehicle inspection report from a designated inspection facility. To find one near you, see the list of inspection facilities posted on the B.C. government's Commercial Vehicle Safety and Enforcement website.
Find out the market value of your motor vehicle.
Locate an original manufacturer's Vehicle Identification Number (VIN) on the vehicle. The VIN must be clearly visible for sighting by an enforcement officer at the roadside. (A VIN that can only be seen by, for example, crawling under the vehicle to inspect a frame rail is not an acceptable "public" VIN.) If you can't find an original manufacturers' VIN, please fill out an Application for a B.C. Assigned VIN. The fee to apply for a B.C. Assigned VIN is $25, payable by cheque or money order to ICBC.
Fill out an Application to Register a Modified Vehicle.
Take the completed application(s) and related documents to an Autoplan broker, or mail them to:
ICBC Vehicle Registration Support
235 - 151 W. Esplanade
North Vancouver, B.C. V7M 3H9
More information

Apocalypse Pony

I'm completely guessing here, so bear with me and take it with a grain of salt. You can insure a stock 650hp GT500 because they're built that way from the manufacturer, and there's a known standard that the car is built to that the insurance company can write a policy against. They know its supercharged, but they also can assume how it was built, and what parts are on it, everything is engineered to work together in peace and harmony, much like the members on this site. You start throwing in bastard parts from different manufacturers, installed by sometimes questionable mechanics, and you now have an UN-known quantity, and the vehicle may be more dangerous than when it was stock.

Insurance companies are not about helping people, or giving you coverage, they could care less about their customers. They're all about PROFIT and minimizing how much of that profit they pay out in claims, and doing the least amount of work to keep that profit. They do that by minimizing risk, and part of that is the blanket assumption that you're going to race the car and crash into a short bus full of handicapped kids in a school zone, while you were drinking to forget that the wife left and took the kids, after she shot your dog.

I'm not saying they'r right, or that its fair, but I can see the point that if they write a policy for a stock Mustang, and its not, they have the right to deny the claim. The fact that they're too lazy to figure out a policy for a modded Mustang is another story for another day, refer back to PROFIT. Incidentally, if you're looking to trade in your modded Mustang somewhere down the road, some dealers will shy away from modded Mustangs, because not everyone wants to buy that unknown quantity. Plus, selling privately you'll lose your shirt for every dollar you've got into it.

Have nice day comrade, start saving those nickels for a GT500.

def67

I have not looked into it but when I first insured the mustang I was told any power mods and I wouldn't be covered. I specifically asked about a supercharger.

Autonut

I actually looked at my policy last night. There was nothing in it that said I couldn't have any changes to my vehicle, it said I must declare any changes to my vehicle. To which I have done so. Their only concern was did I change out the engine. My answer was no I have not, it is still the original one.