stolen cars and insurance

[COSpeed3]

Anyone on here work for Progressive or other insurance co?
or
a Lawyer that deals with stolen cars and insurance co.?

One of the first questions i was ask was there any aftermarket parts on the car and send them all records of any work. i found records for 95% of the parts and work. but something she said made it sound like they werent going to cover the parts. why would i need to give this info if they're that going to cover the parts? also i got some paperwork from them today. one of the things was a POWER OF ATTORNEY for the car. i dont want to sign this until i know whats going. i'm 12k+ into this car with parts and labor and i feel if i sign this i'm going to be out that. i dont know what to do...

[chickenwafer]

I have Progressive and I was told with full coverage insurance you automatically get $1000 in custom parts coverage, and can add up to another $9,000 (for a total of $10,000) in custom parts coverage, but this is something you need to physically do within the policy. You can insure it for more but after that you must insure the car for a "as stated value" so you essentially enter a number the car is worth (car + parts, not retail value). I was also told you MUST have receipts for the parts (I don't think labor is included). Ever since I heard this information I have kept a receipt for every car part I've purchased as a e-receipt (since most of my purchases are from online vendors) on my computer, and backed up to a hard drive.

That's all the info I have, I would try to contact a lawyer or a council group to help you.

[Justin]

Most insurance companies won't cover aftermarket parts without an additional rider. Talk to a lawyer, but you're probably at least partly out of luck. You can try to make an argument about your car being in really nice shape as a result of you TLC to get a little more.

[erod550]

Yea chances are you are not going to get compensated for your aftermarket parts unless you had added an extra amount specifically for that onto your policy.

I would be more worried about them not covering the car at all since you left it running with the keys in it than about a few extra aftermarket parts.