- Joined
- Aug 28, 2019
- Messages
- 566
- Reaction score
- 382
- Points
- 63
- Location
- Central Colorado
- Vehicle Year
- 2019, '31, '27
- Make / Model
- Ranger, A & T
- Engine Type
- V8
- Engine Size
- 2.3 Turbo, 350, 5.0 HO
- Transmission
- Automatic
- Total Drop
- Stock, about a foot, about a foot
- Tire Size
- LT 265/65 R17, P285/70R15 & P195/65R15, 820-15 & 500-15
My Hot Rods are insured through Hagerty... But my 2019 is through State Farm.
We got rear ended and are awaiting a new hitch and rear bumper cover. So I've been dealing with insurance folks for the past 2 months.
I see folks doing extensive modifications to their brand new trucks. Front and Rear Bumpers, lift kits, different tire and wheels, you know... lots of expensive add on's.
So when you buy a $35,000 truck, and buy $15,000 worth of aftermarket parts...... if it get's wrecked, lets say totalled, are you going to get blue book value + $15,000 to replace the goodies?
Hagerty wanted photo's and data on our Hot Rod's before they insured them. Makes perfect sense. State Farm just wants the VIN... and assume the 2019 Ranger is always going to be stock?
I asked my State Farm Agent and he gave me the following:
So that sounds like "We'll let you know once the accident happens".
This isn't a big deal for my 2019 Ranger, I only have about $1,200 of aftermarket goodies, (Shrockworks Rock Sliders & Weathertech floor liners and mudflaps).
But if I had $5 grand in aftermarket parts... I'd be wanting a better answer from my agent.
What say ye TRS folks. Are you covered?
We got rear ended and are awaiting a new hitch and rear bumper cover. So I've been dealing with insurance folks for the past 2 months.
I see folks doing extensive modifications to their brand new trucks. Front and Rear Bumpers, lift kits, different tire and wheels, you know... lots of expensive add on's.
So when you buy a $35,000 truck, and buy $15,000 worth of aftermarket parts...... if it get's wrecked, lets say totalled, are you going to get blue book value + $15,000 to replace the goodies?
Hagerty wanted photo's and data on our Hot Rod's before they insured them. Makes perfect sense. State Farm just wants the VIN... and assume the 2019 Ranger is always going to be stock?
I asked my State Farm Agent and he gave me the following:
We are not able to add specific insurance for specific parts that may have been added/altered etc on vehicles. Any damage to any such parts would be considered by claims at the time of any such damage or loss if damaged or destroyed. So as mentioned keeping documentation of any such changes is always helpful in the event such determination needs to be made. Some parts are added or altered for style or convenience but may not increase a vehicles overall value. So while parts if damaged may be considered by claims following a loss…in the event of a total loss it is the vehicles overall value that is taken into consideration and they may be able account for some but it is possible not all modifications if they don’t contribute to the vehicles overall market value.
So that sounds like "We'll let you know once the accident happens".
This isn't a big deal for my 2019 Ranger, I only have about $1,200 of aftermarket goodies, (Shrockworks Rock Sliders & Weathertech floor liners and mudflaps).
But if I had $5 grand in aftermarket parts... I'd be wanting a better answer from my agent.
What say ye TRS folks. Are you covered?