Q: I installed a new music system in my car. Is it automatically covered by my insurance policy?
A: Not necessarily. Accessories, which were not fitted by the original manufacturer, are not automatically covered. It is therefore your responsibility to declare add-on accessories to your insurer – which generally will not cost you additional premium.
Q: Can I reinstate a lapsed policy?
A: Absolutely! However, this will largely depend on the reasons that cause your policy to lapse and whether or not you had an accident during the period that you were uninsured. Generally, you will need to sign a ‘No Loss Declaration’ which protects insurers from any liability during the lapse period and bring your premiums up to date. After that, you should be good to go.
Shannon Samuda
Communications Officer
Marathon Insurance Brokers
smsamuda@mibja.com
