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Car Parts and Auto Insurance - How Custom Car Parts Can Affect the Cost of Your Auto Insurance

If you choose to drive a car that requires custom car parts to repair, be prepared to pay more for your auto insurance premiums. An insurance company considers a number of factors when determining an applicant's level of risk, including price and cost to repair.

An expensive car will be more expensive to replace if a total loss occurs, and insurance companies are sensitive to this fact. A big price tag on the dealer's lot may lead to a different kind of sticker shock when you contact your insurance company to arrange for coverage. A way to avoid it (or at least be aware of what you are getting yourself into) is to contact your insurance company to get an idea of the cost to insure the vehicle before you buy it.

The same thing applies to a vehicle that needs custom auto parts. Anything that adds to repair costs has the potential to add up to higher premiums for car insurance coverage.

If this doesn't make sense to you yet, look at the idea from the insurance company's point of view: Anything that means the insurer will have to shell out more money in claims increases that driver's level of risk as far as the insurance company is concerned. If you want to keep your insurance costs down, choosing a vehicle that is more expensive than average to get back on the road after an accident won't do it.

Instead, you will want to find a vehicle that can be prepared with standard auto parts. It will be less expensive to run, whether you are making a claim against your insurance policy or not.

Whether you have a car with expensive or custom parts or not - it always makes sense to shop around and compare car insurance rates. Rates can vary dramatically from one company to the next so be sure and compare quotes from at least 5 different companies.

Get started comparing car insurance quotes today!

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