Car modifications can impact insurance premiums

Car insurance premiums could be impacted if people choose to modify their vehicle.

This is according to new research from MoneySupermarket.com, which found tinkering with a motor – such as fitting alloy wheels – can lead to cover costs rocketing.

It was shown that premiums would rise by 30 per cent if a 30-year-old male added these accessories to his tyres, while the introduction of a car phone would lead to a 50 per cent increase.

Moreover, men who decide to ‘pimp up’ their car with a complete body kit can expect to shell out an additional 66 per cent on their insurance premium as a consequence.

Pete Harrison, car insurance expert at the price comparison website, noted vehicle modifications are often seen as a way for people to express themselves, adding drivers can make their motors more personalised by giving it a makeover.

However, Mr Harrison warned even small updates can affect insurance premiums, stating: “It pays to contact your insurer before you go ahead and make any modifications, as you will need to decide whether the extra cost to cover the changes is worth paying.”

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