How much does it cost to insure a kit car?

According to, average premiums for kit car insurance are $118 per month. Because kit vehicles are highly customized with specialty parts, they face higher rates of theft, vandalism, and expensive replacement costs.

Is it expensive to insure a kit car?

Insurance for kit cars is often more expensive, especially if you’ve modified the vehicle – but given the time and money it takes to build a car from scratch, it’s invariably worth the extra expense to insure your kit car.

How do I insure a heavily modified car?

You’ll absolutely need to declare your modifications to your car insurer, whether or not you risk paying a higher premium. That’s because if someone files a claim against you, your car insurance company may deny their claim if they find that the car was modified without their knowledge.

How much does a body kit add to insurance?

Though it might boost value or performance, the fact that your car turns a lot of heads might not be worth the increase in insurance premiums. On average, having a complete body kit modification on your car will increase your premiums by 5%.

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How much is a kit car worth?

Kit cars have an average cost of about $12,000. However, some manufacturing companies produce and price their kit cars between $6,000 and $50,000. Depending on the features you want, you can even spend about $125,000, all the way up to $1,595,000.

Is it hard to insure a kit car?

You’ll have to insure your kit car a little differently than normal vehicles because, instead of going on the value according to Kelley Blue Book, you’re going to settle on an agreed-upon value with your insurer.

Can you insure a kit car?

Kit Car Coverage

Most kit cars will be insured under agreed value. Agreed value means that you and your insurance provider will agree on the value of your vehicle. You will be paid this amount if your kit car is ever totaled in a traffic accident.

What happens if I don’t tell my insurance about modifications?

If you don’t declare the modifications – regardless of whether the omission was intentional – your claim may be refused and your insurance will be void. … You may also find that a modified insurance policy will save you money – so it’s worth getting quotes, even if your current provider will cover you.

What insurance do I need for a modified car?

Agreed-value policies

An agreed value policy recognises the time and money spent on a modified vehicle. You set the value of your car with the insurer and they’ll pay out that amount if your car’s a total loss, regardless of its market value. These tend to be more expensive than standard car insurance policies.

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What modifications do I need to tell insurance?

What Modifications Do I Need To Declare?

  • Engine & Mechanics. Modifications to the engine or vehicle mechanics – such as the exhaust system, transmission, or air filter – must definitely be declared to your insurance provider. …
  • Wheel Modifications. …
  • Bodywork. …
  • Brakes and Suspension. …
  • Car Interior. …
  • Car Stickers.

Can Insurance tell if car remapped?

Do I need to tell my insurance provider if my car engine is remapped? Yes, you do need to tell your insurance provider if your car has been remapped. In car insurance terms, remapping or chipping is considered a car modification, even if you can’t actually see it.

Does wrapping your car affect insurance?

Some insurance companies can also refuse to continue your policy as soon as you let them know it’s been wrapped. Again, they’ll usually view car wrapping as a cosmetic change or ‘modification’ to the vehicle and some (albeit rarely) will say that they won’t continue to cover the car, so your policy is now void.

Do I have to tell my insurance about modifications?


You must declare any moderations to your insurance company, whether they were made by you or already present when you bought the car. Sometimes modifications don’t affect the price but need to be detailed on your policy regardless.

Is a kit car worth it?

If you spent a lot of money buying components for a kit car that you one day plan on selling, you should be ready for a loss when you eventually sell it. Since kit cars are not cars that are bought and built for sale and profit, but for personal usage, that shouldn’t be a problem. It’s just so you keep it in mind.

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Are replica cars illegal?

Replica fans rejoice! After five years of red tape, a new rule handed down from the U.S. Department of Transportation will make it legal to sell turn-key replica cars in the United States. The final rule was signed by National Highway Traffic Safety Administration (NHTSA) Deputy Administrator James Owens last week.

Whatever your reasons for building a car from a kit, there is one difficulty you will encounter once it is complete: a car built from a kit is not registered for the road. The DVLA will not register a car that isn’t insured, but insurance companies won’t insure a car that is not registered with the DVLA.

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