This insurance is for the extra things you have added to your vehicle. It insures permanently attached non-manufacturer's equipment worth more than $5,000, or permanently attached sound and communication equipment worth more than $1,000 for most passenger and light commercial vehicles.
We will pay for your insured equipment if your vehicle is a write-off or if your vehicle or equipment is stolen provided you have the appropriate own-damage coverage. The coverage pays for the actual cash value of your vehicle with the equipment attached if the vehicle is a write-off or is stolen. The coverage will also pay for the Actual Cash Value (ACV) of the equipment if just the equipment is stolen form the vehicle. Make sure you declare its true value when you purchase your insurance coverage to get your Actual Cash Value (ACV) in a claim.
Remember to keep the receipts for all the equipment you buy to prove its value. Photos will help your claim; take some pictures after you have installed everything.
Talk to your Autoplan broker to buy your Excess Special Equipment Endorsement coverage.