‘They could cancel your policy’, warns car expert over mods like alloy wheels & body kits – it could cost you £100s
A CAR expert has warned drivers over modifications like alloy wheels and body kits that could cost you hundreds of pounds.
Peter Waddell, CEO of leading automotive company BigWantsYourCar.com, dished out the helpful tips to motorists.
He told drivers that while modifications look cool, some lesser-known changes could see your car insurance rocket.
No matter how minor the modification may be, it is essential that motorists inform their insurer if they don’t wish to invalidate their car insurance.
Peter says that even basic changes like alloy wheels could see your insurance premiums rise.
The motors expert says this can happen if the new wheels “significantly raise the vehicle’s value” or if there’s a “high theft rate” for such items in your area.
Peter also warned how exhaust modifications can lead to higher insurance costs and even legal issues.
He said: “Making your car’s exhaust louder can lead to higher insurance costs and legal issues with noise pollution.
“Many such modifications are illegal, especially if they involve removing silencers, which can lead to fines and make your vehicle non-compliant with road laws.”
It goes without saying that high-performance engine mods such as cold air intakes or engine remaps will seriously boost your car’s power.
But this in turn will lead to higher insurance premiums and a higher chance of claims, making insurers cautious.
Peter said: “In most cases (70-80 per cent), making your engine bigger or more powerful will make your insurance go up.
“This happens because faster cars with more power are seen as riskier.”
Meanwhile, bodywork and cosmetic changes do make your motor stand out.
But they can come at a cost, with a 10-15 per cent rise in insurance premiums, according to Peter.
He added: “Even simple changes like custom paint jobs or decals require disclosure to your insurer.
“These cosmetic mods can affect your car’s identification and perceived value, potentially impacting insurance costs.
“It’s a misconception that only performance mods affect premiums.”
Although it may look good, personalising your car with lighting mods can also be tricky.
You need to make sure any lighting mods comply with safety standards as this can affect insurance.
Peter added: “Modifications that increase risks or distract drivers can impact your insurance coverage and legality on the road.”
Likewise, interior upgrades such as custom seating or premium sound systems enhance the driving experience and car’s value – potentially raising insurance premium.
Last but not least, Peter warned drivers to always inform your insurance company of any changes.
Not doing so could see you landed in hot water with a range of consequences.
The motors expert said: “If you don’t share these changes, your insurer might not cover you in a claim, meaning you could be left to handle costs on your own.
“If they find out about undeclared mods, they could cancel your policy, making it as if you never had insurance.
“This can get you in trouble, especially if you’re in an accident. Plus, getting insurance later could become harder and more expensive.
“Always be upfront about any changes to your car to stay protected and avoid these issues.”
