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Can modifying my car impact on my insurance premiums?

Can modifying my car impact on my insurance premiums?

Healthy Driving  |  By

So maybe you can’t afford a new car, but you’re tempted with improving yours. Maybe with some new alloys, a spoiler, or even adding a Bluetooth stereo or tuning the engine. Even some subtle modifications can be a great way to personalise your car or improve how it runs, but do you always need to tell your insurer?

Read on for some guidelines from Vavista…..

Did you know…

Any change to a vehicle from the manufacturers original specification is deemed a modification: it could be something as simple as putting a ‘go faster stripe’ down the side. Some modifications will affect your premium and some won’t, but you should always inform your insurer, as it may not always be premium related and could in fact invalidate your policy.

How can modifications affect my premium?

Your premium is based on risk, and insurers will look at various factors when calculating your premium. Modifying your car can give an indication to your insurer as to the type of driver you are, which can sometimes increase your risk. All insurers rate differently but two ways in which modifications can alter this risk are;

  • Risk of accident – this could be engine changes, spoilers, or body kits, etc.
  • Risk of theft – a new stereo, phone kit, or even alloy wheels, etc.

What are the most popular car modifications?

A price comparison website analysed several million vehicles with modifications and came up with a list of  most common car modifications in the UK.  They include:

  • Sat Nav System
  • Tinted Windows
  • Air Filter
  • Alloy Wheels
  • Suspension Changes
  • Tow Bar
  • Exhaust Changes
  • Parking Sensors

Car modifications, big or small could have a positive or negative impact on your premium. The bottom line is always notify your insurer of any changes you may or have made to your car.


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