How Does a Car Wrap Impact Your Insurance Coverage?

Whether for business branding, personal modification, or even for protecting the vehicle's original paint, car wraps have increased in popularity. But there's one important thing to consider before you go ahead and get that sleek matte black or eye-catching advertising wrap: how will it affect your insurance coverage?

When wrapping a car, most owners don't consider the insurance consequences, but it's an essential factor that could prevent future policy problems or unexpected fees.

1. Always inform your insurer

Avoiding your insurance company after wrapping up your car is one of the worst mistakes people make. Since a car wrap is seen as a modification, your insurer must be informed of any changes you make to your car.

Why is it important? Some companies may not charge extra for a wrap, but others might consider it an extra risk, especially with costly or eye-catching designs. If your insurance company is not aware of the wrap and you file a claim, they might deny coverage or even cancel your policy to avoid disclosure.

2. Does a Wrap Increase Your Premium?

You may not see any change in your premium if the wrap is only attractive and has no impact on the vehicle's performance.

You might require a business auto policy instead of a personal one if you're wrapping your vehicle for business.

Certain insurance providers could slightly increase the cost if they think a colorful wrap makes your vehicle appealing to criminals or increases the chance of harm.

Transparency has become essential in this case. Your insurer may suggest you make any required changes to the policy if they have been aware of the wrap from the beginning.

3. What Happens in Case of an Accident?

The repair of the wrap may be paid by your insurance if the policy allows for changes.If not, you may have to pay for a new wrap out of pocket.

This is worth looking into the additional add-ons that some insurance companies provide to cover different safeguards.

4. Does a Wrap Make You a Target for Theft and Criminal Activity?

It may surprise you to learn that certain wraps can lower the likelihood of theft! Your automobile will stand out if it has a distinctive wrap, which makes it more difficult for thieves to conceal or resell.

However, your insurance may view it as a higher-risk alteration if you choose a high-end luxury wrap (such as a chrome gold finish). Once more, being open and honest with your insurance is essential.

Does Removing the Wrap Affect Insurance?

Consider taking off the wrap in the future? Keep in mind that

Notify your insurer as soon as the wrap is taken off if you properly declared it.

The insurance company may not be paying for repainting if the wrap created damage to your paint function.

Conclusion

Your car can look great with a car wrap, but it's essential to find out how it will affect your insurance. You can enjoy your wrap with safety if you inform your provider and make sure you have enough protection.

If you've been considering getting a high-quality car wrap, iCatch Graphics LLC specializes in skilled, durable vehicle branding.