Thinking of adding global positioning system (GPS) to your car? What about an anti-theft system? Adding features to your car may affect your Athens, Ga. auto insurance rates. Find out whether you can expect to pay more, or whether you may save a few dollars by upgrading your car.
Call Pachuta Insurance today @ 706-769-2262 for auto insurance in Athens.
1. GPS Units
Installing a GPS unit may help lower your auto insurance premiums because it will make the vehicle easier to find in the event of a theft. It can also provide data about where you’re driving and how much you’re driving, which may better personalize your rate. You may be required to provide proof of receipt and installation to qualify for a discounted rate.
2. Anti-Theft Devices
Your car is a serious investment. You use it every day to get to and from work or school, and to have a social life with your friends and family. Protecting that investment with one or more anti-theft devices, such as tracking devices, audible alarms, and kill switches, will help recover your vehicle in the event of theft.
As such, your Athens auto insurance company is less likely to have to pay your claim in the event of theft, and they will likely lower your premium for reducing their risk. Be prepared to provide a receipt and proof of installation in order to receive your discounted rate.
3. Entertainment Systems
Let’s face it. Most stock entertainment systems in cars are not actually very entertaining. It’s common to upgrade the stereo and speakers, and in some cases add television and DVD. It is easy to spend several thousand dollars in aftermarket upgrades, but your Athens auto insurance may not cover those upgrades in the event of a loss.
Generally, if it is permanently installed in the vehicle, powered by the vehicle’s electrical system, your auto insurance will cover the loss. However, the coverage isn’t necessarily automatic. It is critical you notify your Athens auto insurance company of the upgrades, because you may be subject to a premium increase to cover certain items.
4. Engine & Performance Modifications
If you modify the cosmetics of a vehicle, you could easily spend thousands of dollars upgrading the rims, tires, etc. With comprehensive and collision Athens auto insurance coverage, physical damage sustained to the vehicle is covered; yet, it is typically only covered at the stock value of the car. For instance, if you purchase a car that’s worth $20,000, then put $10,000 in upgrades and wreck it…as far as the auto insurance company is concerned, the car is still only worth $20,000.
If you plan on making modifications to your vehicle, speak to your Athens auto insurance carrier to find out whether or not your modification would be covered under your current policy, and whether or not you are eligible to pay an additional premium to cover the modification in the event of a loss.
5. Custom Paint Job
This is yet another popular modification among many drivers. Your vehicle’s paint job is also covered under your coverage, but once again, only the stock version. With standard coverage, you would be able to get the original paint job restored, but not your custom one. It is possible that you may be able to come out of pocket to cover the difference, or pay a higher premium to cover the custom paint job as well.
Talk to your Athens auto insurance provider to find out how your car’s customizations will affect your rates. Not all modifications mean a higher premium!
Call Pachuta Insurance today @ 706-769-2262 for cheap car insurance in Athens.
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