Yes! Many car insurance companies offer discounts for having winter tires.
Winter tires are very heavy duty tires which are used to grip the road better. During winter, these tires can reduce your chances of slipping. They reduce the risk of a car accident which is why insurance companies offer discounts for having winter tires.
It’s a well known fact that winter tires let you stop your car sooner than all season tires. They help improve your vehicle’s handling in winter weather. Some states, like Northern states, require use of winter tires during certain times of the years. Other states require you to carry chains during the winter months. Some states, don’t require them at all. Alaska for example is one state that has no requirement. You can use your summer tires all year round. In some states, you can save 5-10% by having winter tires.
Drivers in Texas, for example, are not likely to get a discount for having winter tires. Discounts will vary between different insurance companies. Some companies offer huge discounts. You definitely want to shop around, and should consider working with an insurance broker to find the best policy. If you live in a wintry state, you could find an insurance company willing to offer a small discount if you use winter tires.
Winter tires can potentially save you thousands of dollars
Winter tires may not lead directly to insurance discounts. But they can save you thousands on car insurance. If winter tires help you avoid even one accident, they can save you thousands. At-fault accidents can cause your car insurance rate to go up by 30-40%. Some car insurance companies will nearly double your rate.