I'm with Brentacre - mods cost no extra to insure unless you are increasing the power, in which case the prices seem very reasonable.
I'd second brentacre, they did mine for a really good price and the power mods are reasonable! Stage one was an extra £80
SKY Insurance http://www.skyinsurance.co.uk/ offer a discount for forum members. Have insured with them but not had to file a claim so no experience there but they are very helpful on the phone when updating or changing the cover with no dramas. Hope this helps. Cheers