TORONTO, November 09, 2010 - An article by Kanetix® (www.kanetix.ca), titled "Mind the (car) modifications" explains how various types of car modifications and customizations may impact your car insurance rate, if at all.
Drivers interested in customizing or modifying their vehicle are cautioned that some changes could result in potentially higher auto insurance rates. Fortunately, not all customizations result in increased car insurance premiums. The Kanetix article goes on to list a few common car modification scenarios and explains the typical impact, if any, on a driver's insurance rate. Drivers are also urged to remember that every insurance company has different limits and considerations regarding how they handle vehicle customizations and modifications, so the insurance rate for a customized vehicle may vary between companies.
Many drivers consider customizing their car to reflect their personality, and the Kanetix article, "Mind the (car) modifications", helps drivers better understand the potential impact.
Launched in October 1999, Kanetix is Canada's leading national, online insurance, mortgage and credit card marketplace. The Kanetix comparison shopping service brings together insurance, mortgage and credit card providers in a one-stop shopping environment for consumers looking to save money. Each day, thousands of consumers visit the Kanetix website at www.kanetix.ca to compare not only insurance and mortgage quotes but also credit cards from a variety of Canadian financial product suppliers. Users select the product of their choice, obtain a quotation and complete an online application or, with the help of Kanetix, connect with the provider to purchase or apply for the product over the phone.
For more information, visit www.kanetix.ca, or contact: