Will every modification alter my insurance?
Some modifications may increase your premium, some might have no effect, and others could make it cheaper. This will depend on whether the modifications increase or decrease the risk of you having an accident, affect the value of your van or make it vulnerable to theft.
If you’ve only lightly modified your van, such as changing the colour, wheels or sound system, it’s less likely to have an impact on the cost of your policy.
If you change the performance of your van, such as altering the engine output or suspension, it’s likely to increase your premium. Cosmetic changes, such as fitting spoilers or extra lights, could also make your insurance more expensive.
If you’ve made changes that improve your van’s security, such as fitting internal racking or heavy-duty locks, an alarm or immobiliser, you might find that your insurance provider reduces your premium. Parking sensors may also reduce your premium, as they decrease the chances of you bumping the back of your van, reducing the likelihood of you making a claim.
Dan Hutson, our motor insurance expert, says: ‘Modifications are always of interest to your insurance provider. While many small modifications are unlikely to affect your premium too heavily, it’s always a good idea to make sure you’re covered in the event of an accident.’