The Association of British Insurers (ABI) has announced that the use of winter tyres on commercial vehicles will not invalidate the vehicle’s road risks insurance .
The situation has been clarified by the ABI following a radio interview last week when an AA spokesman indicated that there was concern surrounding the fitting of winter tyres with a speed rating lower than the standard specification which might invalidate any van insurance policy in place.
An ABI spokesman said: “Fitting snow tyres wouldn’t be considered a material modification that would impact on the premium, so insurers would not expect to be notified that they had been fitted. What is important is having these tyres fitted by a reputable garage or dealer.”
However, reports from some quarters suggest that some insurance companies are charging additional premiums for drivers fitting winter tyres. Although the ABI statement should dispel the fallacy that fitting winter tyres is a vehicle “modification”, there is still speculation as to why insurers feel the need to apply increased premiums in these circumstances.
The situation has been clarified by the ABI following a radio interview last week when an AA spokesman indicated that there was concern surrounding the fitting of winter tyres with a speed rating lower than the standard specification which might invalidate any van insurance policy in place.
An ABI spokesman said: “Fitting snow tyres wouldn’t be considered a material modification that would impact on the premium, so insurers would not expect to be notified that they had been fitted. What is important is having these tyres fitted by a reputable garage or dealer.”
However, reports from some quarters suggest that some insurance companies are charging additional premiums for drivers fitting winter tyres. Although the ABI statement should dispel the fallacy that fitting winter tyres is a vehicle “modification”, there is still speculation as to why insurers feel the need to apply increased premiums in these circumstances.
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