For many Canadians, vehicles are more than transportation—they’re a canvas for personalization. From upgraded rims and sound systems 🎵 to lift kits and performance tuning ⚡, aftermarket modifications make your ride truly one-of-a-kind. But here’s the catch: if you don’t declare those modifications to your insurer, you may not be fully covered.

⚡ Why Declared Value Matters

Standard auto insurance policies are typically based on a vehicle’s factory value. That means customizations—no matter how costly—may not be recognized in a claim. Declaring modifications and setting a Declared Value ensures that:

• Your upgrades are accurately reflected in the insured value. 💰
• You won’t be out-of-pocket for custom parts or labour. 🛡️
• Claims settlements reflect your vehicle’s true worth, not just its standard book value.

📌 Common Aftermarket Modifications

• Custom paint jobs or wraps. 🎨
• Upgraded wheels and tires. 🛞
• Performance parts such as exhausts, suspensions, or turbos.
• Audio and technology upgrades. 🔊

❌ Risks of Not Declaring

Failing to disclose modifications can result in reduced payouts—or even denied claims—since the insurer may be unaware of the increased value or risk.

✅ The Takeaway

If you’ve invested in aftermarket upgrades, don’t leave them uninsured. Declaring modifications and setting a proper Declared Value protects both your passion and your investment.

👉 Have you reviewed whether your customizations are covered? It could make all the difference in the event of a claim.

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