| Prior to modifying a street car the owner is | | | | this skyrockets the cost of the premium further |
| usually thinking about the journey they are about | | | | perpetrating the myth that modified car insurance |
| to embark on and the glory that they will feel | | | | is expensive for everyone. The reality is that car |
| when they come out the other side, however | | | | insurance on a modified car will not cost a great |
| there is one other important thing you must take | | | | deal more than that of a normal car for a sixty |
| into account. Something people often fail to | | | | year old female because the combined risk is still |
| consider is that heavily modifying their vehicle will | | | | low. Insurance companies know that a modified |
| make it harder for them to find modified car | | | | car in the hands of a teenage driver is a huge risk |
| insurance. Although there is a movement towards | | | | and with it comes huge premiums. |
| accepting cover on modified vehicles this doesn't | | | | Another factor which determines the high cost of |
| mean that insurance companies are getting any | | | | modified car insurance is the increased likelihood of |
| more lenient on the premiums that they are | | | | the cars being stolen. Given that their street value |
| charging. | | | | is high a modified vehicle is a much more likely |
| Like any other car insurance cover, modified car | | | | target for a thief than a standard car and this is |
| insurance premiums are calculated based on the | | | | yet another determinant of high premiums. If you |
| perceived risk of the vehicle and the driver. When | | | | tell insurance companies that you are going to be |
| determining the risk posed by the driver factors | | | | parking your car in a locked garage this car often |
| taken into consideration are age, gender, address | | | | lead to a significant discount so this is definitely |
| and so on. Unluckily for those trying to insure | | | | worth while mentioning when you are receiving a |
| modified cars the factor of age is usually against | | | | quote. |
| them and given that their gender is usually male | | | | |