Tyre Insurance.

[rash_decision]

Does anyone have tyre insurance? I've been looking into it and it seems too good to be true! I'd pay £234 for a 3 year policy and in that period I can claim for 5 new tyres, which for my car are £250 each!

Has anyone claimed on such a policy, and if so, where's the catch!!??

[Dracoro]

Does there have to be fault, puncture or blowout? I would be surprised if it was for replacing worn tyres.

If it is the case that it's only for faulty tyres then it's rather expensive.

And what are the exclusions? Do they replace like for like or cheapo's that are of the same size etc.

[rash_decision]

They don't replace worn tyres, only damaged. The policies out there all have the same terms an conditions, they even cover BMW Runflats which are expensive! No excess and covers malicious damage. One tyre, and I would be up, 5 and I can't see how they make their money! Effectively you could drive over a couple of broken bottles on a Saturday night, cut 2, 3, or maybe even 4 tyres in such a way that they are irreparable, and they would replace them!!! Does sound too good to be true to me! there would be folk out there waiting until their tyres are close to illegal and slashing them for a claim!!

[DrTre]

Never having had to replace a tyre through anything other than wear in 20 years, seems a little pointless to me (notwithstanding my tyres aren't that expensive in the first place)

[Munter]

DrTre said:

Never having had to replace a tyre through anything other than wear in 20 years, seems a little pointless to me (notwithstanding my tyres aren't that expensive in the first place)

1 tyre in 10 years for me. I've had a few punctures. But only 1 resulted in a new tyre.

I understand from my US colleagues that tyres over there can have a mileage guarantee on them!

[rash_decision]

DrTre said:

Never having had to replace a tyre through anything other than wear in 20 years, seems a little pointless to me (notwithstanding my tyres aren't that expensive in the first place)

Yes, I understand, but how many folk will be deliberately damaging tyres when they get to the wear indicator then claiming they ran over something, or hit a large pothole?

[Mr Whippy]

What about the issue of symmetry?

2/3rds worn, replace one with a puncture, but are you then going to replace the opposing one?

Still cheaper having them replace one tyre, but not by much.

And how often is a tyre totally destroyed? I've had punctures and just repaired them, but never (touch wood) one that was unrepairable...

Hmmm

Dave

[rash_decision]

Mr Whippy said:

What about the issue of symmetry?

2/3rds worn, replace one with a puncture, but are you then going to replace the opposing one?

Still cheaper having them replace one tyre, but not by much.

And how often is a tyre totally destroyed? I've had punctures and just repaired them, but never (touch wood) one that was unrepairable...

Hmmm

Dave

Yes but read my previous post! There WILL be folk who coincidentaly have 2 punctures at the same time, coincidentaly just as their tyres are nearing 1.6mm tread depth!

[rehab71]

I use to sell it at a dealership I worked at in the past and it's not worth a wk! To prove anything is extremely hard. If you do buy it look at the T+C's very closely.

[Mr Whippy]

Try claim, then you will find out I guess.

Is there a big fat excess, a rising excess with claim amount, a new customer no claims discount?


If not, it sounds like that offer/business won't last for long

Dave

Edited by Mr Whippy on Friday 9th July 17:09

[eldar]

Ideal for me. The only time I've ever destroyed a tyre was within 2 days of replacing it. Balding tyres seem indestructible

It it sounds too good to be true, it probably is...

[TooLateForAName]

Is there a betterment clause?

[rash_decision]

Have a look on Google at some of the Tyre Insurance policies out there. The terms and conditions seem too good to be true! And in this day and age they usually are! No excess, no reduction in pay out for worn tyres, they can't be making money, surely!?

[jon-]

I'm with you on this one, I've yet to work out how they police people who live in "high puncture" areas.

If it sounds too good to be true, it probably is.

I'll ask around a bit more.

[ben10]

I have the tyre insurance and have claimed on it twice in the first year so it has paid for itself already!

My tyres are £130-ish each

The rule about wear is that it must have a minimum tread depth of 3mm I think for you to be able to claim a new tyre

And YES they are like for like replacements

The catch is that you have to use "KWIK-FIT" - So far I haven't had any problems though

[Dracoro]

So you got your money back this year. What about last year, what about next year? It will cost you more in the long run.

In 20 years of driving, I've never had a puncture or blowout.

Most tyres I've had are around £80 each (about the same as this policy per year) so I would have to have a LEAST 2 blowout/puncture/slash per year for it to make any sense at all.

You can be unlucky every now and again, but not twice a year every year, and that's how many claims you would need to make EVERY year for it to be worth your while.

Edited by Dracoro on Friday 9th July 17:58

[Jimbeaux]

Munter said:

DrTre said:

Never having had to replace a tyre through anything other than wear in 20 years, seems a little pointless to me (notwithstanding my tyres aren't that expensive in the first place)

1 tyre in 10 years for me. I've had a few punctures. But only 1 resulted in a new tyre.

I understand from my US colleagues that tyres over there can have a mileage guarantee on them!

Most all tyres here have a mileage guarantee, or pro-rated at the least. The same as car batteries. This is not practised in the U.K.?

[Munter]

Jimbeaux said:

Munter said:

DrTre said:

Never having had to replace a tyre through anything other than wear in 20 years, seems a little pointless to me (notwithstanding my tyres aren't that expensive in the first place)

1 tyre in 10 years for me. I've had a few punctures. But only 1 resulted in a new tyre.

I understand from my US colleagues that tyres over there can have a mileage guarantee on them!

Most all tyres here have a mileage guarantee, or pro-rated at the least. The same as car batteries. This is not practised in the U.K.?

Nope. You wear them out. That's your problem over here.

[KB_S1]

Dracoro said:

So you got your money back this year. What about last year, what about next year? It will cost you more in the long run.

In 20 years of driving, I've never had a puncture or blowout.

Most tyres I've had are around £80 each (about the same as this policy per year) so I would have to have a LEAST 2 blowout/puncture/slash per year for it to make any sense at all.

You can be unlucky every now and again, but not twice a year every year, and that's how many claims you would need to make EVERY year for it to be worth your while.

Edited by Dracoro on Friday 9th July 17:58

I had two tyres destroyed over 5 years by pot holes.
Problem was I had to replace a pair each time.
I think on both occasions I was at around 60% tread depth left.

[mkopc167]

Tyre insurance will only pay a percentage of the replacement cost once you get down to 5mm IIRC, the percentage then obviously decreases the less life you have left in the tyre. One provider was offering a 35% contribution once you are down to 2mm.