BIBA, in conjunction with Ageas launched new guidance on modified vehicles to help customers and brokers better understand this grey area. Insurers may want to know about an optional-extra from new, an after-market accessory or a major performance modification and the guide seeks to clarify this.
CALL FOR ACTION
To promote awareness about the importance of disclosure in this grey area and the availability of specialist insurance brokers to help access cover for modified vehicles.
“Ageas are pleased to be working with BIBA to improve the understanding around disclosing vehicle modifications to the insurance provider. This is important in order to ensure there is full policy cover.”
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