To help reduce claims overall and keep Manitobans as safe as possible, MPI is continuing its Winter Tire Program for an eighth consecutive year. The program offers low-interest financing at prime plus two per cent on up to $2,000 per vehicle to eligible individuals to purchase winter tires as well as associated products and services. Since its launch in 2014, the program has provided over 195,000 loans to customers throughout Manitoba.
“Research has shown that using winter tires increases traction, making it easier to get out of the snow and can cut stopping distance by 25 per cent or more, which is why MPI’s Winter Tire Program is an important tool in helping to prevent as many collisions as possible.” said Kacher.
Winter tires have a cold weather rubber compound and tread patterns designed to perform on wet, snow covered and icy surfaces. They are equipped with a special single-directional tread pattern that actually pushes away snow and ice. These specialized tires also have a deeper tread depth than their all-season counterparts, for better performance in snowy and icy road conditions.
MPI’s financing program provides loans of up to 48 months and participation is as easy as going to any participating winter tire retailer throughout the province to confirm eligibility and have the loan authorization processed. Full details of the program can be found at mpi.mb.ca.
