As your formerly young and innocent children grow, eventually they're old enough to drive. If you live in California, this becomes a "right of passage" for teenagers. While, at first, they borrow their parents' vehicles to become mobile.
However, at some point, they want their own rides. In California, some celebrities and young people define their rides as pimped out cars. This brings auto insurance to center stage.
The issue of tricked out autos is particularly important for parents who fund their driving age children's insurance, even after their offspring get their own auto and insurance. Since pimped out cars can be incredibly expensive, with custom features not found on otherwise identical vehicles, basic collision and comprehensive insurance can be woefully inadequate.
This customization, regardless of its extent, is expensive. Covering tricked out vehicles with standard auto insurance can be a very expensive mistake. For example, if the auto's wheels cost $2,000 each, standard coverage will only pay for stock wheels if they are stolen or destroyed. This could be much less that that which you or young driver spent to buy and install them.
If it's time to talk to your young driver, contact us at
Cook, Disharoon & Greathouse, to get all the information you (or your child) needs to cover a pimped out vehicle properly. In the event of an accident or theft, you'll not be happy with an insurance reimbursement of $100 for a $2,000 custom wheel. Avoid this issue by getting valuable advice from Cook, Disharoon & Greathouse.
