Re: [DML] Rob Grady's Personal Lower Suspension

["K.L. (KAYO) Ong" <klo@xxxxxxxxx>]

Mike:

Thank you for your reply.  I had expected an answer of such.

It is great for everyone to talk about the enhanced performance and  
the achievements to produce the components, but no one is addressing  
the liability area when the modified component fails.... Especially  
the front end components of this subject.

When one thinks about modifying their cars and they should check with  
their insurance provider to see if they will cover the  
modifications.  Without informing the insurance company to the  
installed modifications, most likely the insurance companies will  
quickly look at it as a loophole and to avoid offering any legal  
support and payment when the disaster occurs.  Although to get  
coverage is not impossible, I was told that some insurance companies  
would cover ANYTHING if the "premiums" were in THEIR favor, so one  
will pay a pricey premium for the coverage.

The differences with components from established companies and home  
brew parts are the companies who are advertising and selling their  
modify components should have some type of insurance?  For if they  
are operating as a company, they should have product liability  
insurance as to cover their products?   So, the purchaser who have  
these components correctly installed can hold the company responsible  
for law suit resulting from failures that can incur?

The independent person as a "back yard mechanic" or "shade tree  
mechanic" operating on their own with their "home brewed parts,"  
usually has no product liability or a business insurance coverage and  
that can be a legal liability problem for the owner of the vehicle  
involved.

Modifications can be a great thing for the car owner with the  
installed mod components and it can become costly and life changing  
when they fail without the insurance coverage.... And the way people  
are instigated to sue heavily by their lawyer -- They will be suing  
for everything (for they get at least one third of the awardment).   
In today's climate with lawsuits, a basic coverage is not enough...  
If the insurance company don't cover the suit completely, then one  
can be held responsible for the balance and be in bankruptcy?  Not a  
good thing....

Kayo Ong
#5508
Lic 9D NY



On Nov 8, 2011, at 4:19 PM, Michael Griese wrote:

> Nobody here can answer that question accurately. You would need to  
> take it up
> with your insurance company in your state. As an example, whatever  
> State Farm
> covers in New York may not be the same as what State Farm covers in  
> Minnesota or
> what Geico would cover in New York.
>
> --
> Mike
>
> ________________________________
> From: K.L. (KAYO) Ong <klo@xxxxxxxxx>
> To: dmcnews@xxxxxxxxxxxxxxx
> Sent: Tue, November 8, 2011 2:56:29 PM
> Subject: Re: [DML] Rob Grady's Personal Lower Suspension
>
> I had posted a question a while back on this subject and it was left
> unanswered. These modifications by everyone are a major structural
> change for the front end. I believed all these modifications are not
> the original DMC engineering from decades ago that are on filed as
> DMC-12. Although the modifications ARE improvements. The
> questions are: What happens and if there is a failure and and there
> are "property" and or "bodily harm" caused by failure? Will the
> insurance company STILL cover the mishap? Or will they wash their
> hands of the matter? I am curious and not cleared in this area. Law
> suits can be a financial disaster, if not life changing if there is
> no coverage for the modifications.
>
> Kayo Ong
> #5508
> Lic 9D NY
>
>
> 



[Non-text portions of this message have been removed]



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