Modifications that can increase your premiums

There are some modifications that can help decrease your premiums, such as parking sensors and tow bars, but many mods can more than double your insurance costs.

If you decide to ‘pimp’ your ride, the extra insurance could more than double your premiums, according to research done by MoneySuperMarket.

For example, fitting a more powerful engine, i.e. with an added turbocharger, can increase your insurance premiums on average by 132 per cent, an astronomical rise.

Other changes such as new bodywork and complete body kits can raise the costs by 66 per cent and 57 per cent respectively.

Even changes to the body’s colour and the addition of racing stripes and decals can add money to your insurance charges, up to 36 per cent.

Other performance enhancing changes such as transmission or gearing changes, roll bars and cages, upgrading the brakes and fitting new suspension can increase premiums by up to 63 per cent.

New additions such as satellite navigation and in-car phones can also push your costs up as it increases the likelihood of the equipment or car being stolen.

Additions that can decrease average insurance prices include fitting telemetry to your car to show how safe a driver you are and also adding a tow bar, as most drivers that have one installed on their vehicle tend to drive much slower.

The research also showed that women are more likely to have parking sensor and other safety features added, whilst men will add more bodywork modifications and enhanced performance pieces.

Here’s the full top 10 list:
1. Fitting a turbo engine: 132% increase
2. Change to car bodywork: 66% increase
3. Transmission or gearing changes: 63% increase
4. A complete body kit and panel: 57% increase
5. Roll bars, roll cages and the removal of seats: 41% increase
6. Changes to the paintwork: 36% increase
7. Uprated brakes: 36% increase
8. Changes to the exhaust system: 26% increase
9. Upgrading the suspension: 25% increase
10. Adding stripes, decals or badges: 22% increase

Author: Jack Healy

Jack Evans


After completing his university studies in English and Creative Writing in Cardiff, Jack is now a full time motoring writer at Blackball Media. His love of cars stems from his childhood years when he began to live and breathe all-things automotive.

March 9, 2016

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