Reader’s Question:
My Chevy is now running faster and better with its new engine. I spent a fortune on this upgrade, should I worry about my auto insurance in Northwest Clackamas, Oregon?
Anne
Northwest Clackamas, Oregon
The rule of thumb for auto insurance policy owners: whenever in doubt, read your policy. As most insurance companies are infamous for their tricky wording, exclusions, and conditions, so it will be your responsibility to read your policy carefully.
You also need to find out immediately if they’re covered by viewing your insurance policy in Northwest Clackamas, Oregon.
An important point to remember is that even a new paint job can affect your insurance policy. You will have trouble getting reimbursed for aesthetic changes unless it is clearly in your policy.
So what if you have any trouble understanding your own insurance policy? You can quickly phone in your questions to your auto insurance agent and get the official word. If it’s regarding a major part of your insurance plan, get it in writing too so that everything is helped by a good documentation.
In most states, including Oregon OR, there are three basic types of car insurance available for you. Actual value insures the vehicle for its value at the time of the claim, agreed value lets the driver insure the car for more than its value, and stated value, which also lets the driver insure the car for than its value, less depreciation, which makes your modification reports essential.