Kanetix Forum

Hi my name is david and i was wondering how much on a the cost on insurance on average if i where to pull the engine out of a volvo and drop a ford mustang v8 engine in to it. please get back to me whenever is convenient for you. hope to hear from you soon.

Whenever you enhance or modify your vehicle in some way, it must be reported to your insurer. If you are trying to research whether making these changes is worth it, I suspect you¿ll find that how much your premium changes, if it does at all, will vary considerably between insurer.

Insurance rates are based on factory stock vehicles. Anytime modifications are made your insurer must know about them and generally will charge additional premium for any modifications over $1500.

Many insurance companies have rules stating they will not insure vehicles which have been modified from stock in order to enhance performance. Modifying vehicle performance, such as what you are inquiring about, could even put you into a high risk category making it difficult to obtain affordable insurance.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.