Your car, your baby… Some love to keep it classic, while others enjoy a little sprucing up! Whatever your taste, have you ever thought that a simple new set of alloy wheels could affect your car insurance?
Wondering why? As a modified car, it has been altered from the manufacturer’s specifications, which in turn could affect your car’s performance, appearance and functionality. With enhanced parts, this in turn makes your car more of a risk when on the roads.
Why modifying your car affects your car insurance:
Car accidents: If you had to alter your car’s performance, you would be placing your car at a much higher risk of being in a car accident, as you would be inclined to speed at a number the car wasn’t originally designed to reach.
Theft: By sprucing your car up with wheels, or even sound, your car is at a higher risk of theft or being broken into.
So what should you do if you want to modify your car to how you want it to look?
- Tell your insurance company about the modifications made.
- Each insurer has its own terms and conditions and their own view on what is modifying your vehicle, make sure to let them know, and find out if your policy will be impacted.
- When renewing your insurance for a modified car, always be honest and compare to get the greatest deal for your car’s specific needs.