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Summary: Some car insurance companies cover accessories such as rims and stereos, some do not. The best way to determine coverage is to call an agent and discuss coverage with them. Learn how to determine the coverage limits of a car insurance policy in this free video on financial planning from a licensed insurance agent.
James Burrows owns the full-service insurance agency The Resurgence Group, which specializes in health insurance, property and casualty, annuities, life insurance and auto insurance....read more
"You've got a car and you're starting to accessorize it, and you're wonderin' if that's covered under your current car insurance policy. My name is James, with The Resurgence Group. We're a full service insurance agency, and we specialize in car insurance. Well, the first thing I'm going to suggest is to sit down with your agent and look at specific policy limits, and sometimes you have car insurance that covers accessories, sometimes you don't. So, you want to make sure that if you just went out and you spent a few thousand dollars on some rims, or you got a new stereo system that it's covered, because in the event that it's stolen you just want to make sure that you've got money to get reimbursed as far as that car insurance goes. So, just simply sit down with your agent and discuss it with them, and if you don't have the right insurance you could always add it on as a rider. My name is James, with The Resurgence Group. We do this every day. We speak to clients, and sometimes they come in and tell us different stories about what they have or they're thinkin' about putting on their vehicle or in their vehicle, and we just want to make sure that in the event of a loss they've got the proper insurance so that the carrier can give em' that check when they need it."
eHow Article: Does Car Insurance Cover Car Accessories?