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Old 01-12-2014, 11:06 PM   #26
Lomac
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Quote:
Originally Posted by underscore View Post
And how do you guys deal with modified cars? Will ICBC add value for mods or no? What's the beat way to prove the real value of the car to them?
Typically a car isn't worth more to ICBC if it's been modified. The only way they'll consider a higher price is if it's been previously appraised and you've got the documentation to prove it. Installing Works rims, a turbo or even doing custom bodywork doesn't change the value in ICBC's eyes.

The best way to get the maximum value for your car is to keep full documentation of all repairs completed on your vehicle. I've had ICBC pay me the full cost of certain types of repairs on my car after it was totalled. Sure, a couple were pro-rated, but in their eyes it increased the value of the car, so they were willing to part with the extra cash as part of my settlement.
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