Join Date: Jun 2003
Location: Central Coast, NSW
Just need your thoughts on this scenario.
A person has purchased car from a dealer with some known existing mods (Wheels, Spoiler and exhaust mods)
The person advises his/her insurance company of the new vehicle and the existing mods and takes out a comprehensive policy.
Down the track a claim is to be made, and the insurance company advise that in fact the suspension had been lowered from standard ride height, yet this was not advised when insurance policy taken out.
The person who bought the vehicle was not aware of this, as no documentation provided by dealer at time of sale listed any mods on the vehicle, hence did not know or advise the insurance company.
In this scenario, what would the insurance company do? Would they reject or reduce the claim on the basis that the person who owns the vehicle did not advise them of this particular mod? Or would they make an exception?
1998 AU Ford Falcon Forte (Galaxy Blue, Sedan, 4.0L, 6cyl, Auto, 17" ROH Wheels, Sports exhaust) -- 2006-Present
1993 Toyota Camry Executive (Blue, Sedan, 2.2L, 4cyl, Manual, 95fwkw) -- 2005-Present
1996 EL Ford Falcon GLi (Hot Chilli Red, Sedan, 4.0L, 6cyl, Auto, 157fwkw) -- 2002-05 R.I.P
1987 LC Holden Astra SLX -- 2003-06
1984 LB Holden Astra SLX -- 2001-02