Insurance–it’s everywhere. One can insure just about anything. Are tires an investment one needs to insure? Tire insurance, also called a road hazard policy, road hazard warranty, or tire reimbursement plan, is a rapidly growing industry in the automotive world.
Tire warranty plans pay in full or in part for the replacement or repair of damaged tires and/or rims from “road hazards.” Road hazards are defined as pot holes, debris, nails, wood, and other hazards found in the road. Curbs, sidewalks, and stone walls are not road hazards. This is an important distinction to consider when deciding if tire insurance is right for you (discussed further ahead).
Tire plans last for a specific period of time and tire wear tread-depth. Some plans last 2-3 years. Others can last 5 years or 60,000 miles. Several plans come with fixed amounts of coverage: $500 per year up to 4 years. Many contracts require three years of law school to comprehend. In terms of tread depth, a tire is usually considered worn out (and thus the plan null and void) at 2/32 to 3/32 of an inch.
Another important distinction is in the type of plan.
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Tire reimbursement plans are just what they say. You, the plan holder, will be reimbursed after the claims process is finalized–usually 2-8 weeks. There is an out-of-pocket expense. These plans are often sold by new car dealerships. The prices can range from $300 to $600 dollars.
Road hazard policies operate similarly to reimbursement plans. However, some tire insurance providers, in partnership with the repair facility, may have a direct-pay relationship. Thus, there would be no out-of-pocket expense, except for applicable deductibles, and items not covered in part or in full. These plans are primarily sold by tire dealers and repair shops. The prices range from $10 to $30 per tire. They also can be based on a percentage of the cost of the tire: usually 12% to 15%.
Both types of plans have a number of variables, requiring a magnifying glass to read the fine print. Also, many are pro-rated warranties, covering only a percentage of the cost of the tire based on its wear.
Claims and Coverage
Depending on the plan, claims are initiated by the repair shop. The process is fairly smooth, although there can be a significant delay from the provider for authorization. This delay may be an hour or an entire weekend. This means that you’ll have to “ok” the tire replacement, and then hope it’s authorized for the full amount, or drive on your spare.
Another interesting note is that a lot of tire damage is caused by curbs. Curb damage is not covered under most road hazard policies. High granite curbs with sharp edges slice through tens of thousands of tires per year.
You Won’t Notice
Many people don’t even notice tire damage. Other than to see if the tires are holding air, who “really” looks at tires? Tires are subject to a whole host of external influences which cause bubbles, slices and gouges. Despite the potential dangers of damaged tires, the damage very often does not translate into any noticeable drivability issue. The point is that if you don’t notice any tire damage you can’t benefit from the coverage.
Those raving about the benefits of a road hazard policy are the actual folks in the industry who stand to benefit from the sale. They’ll argue that it’s so cheap–only $10 to $20 per tire. Even so, for four tires, that’s $80 based on the “possibility,” the “chance,” of damaging a tire that meets the repair/replacement requirement protocols.
If a rim and tire has incurred significant damage, it’s quite likely that other problems have resulted as well. The first is that the vehicle may have been jarred out of alignment. Secondly, hub bearings, front end components: tie rods, spindles, ball joints, and a variety of other components may have sustained damage. In this case, auto insurance, which you are already paying for, will pay for everything–brand new.
Free Road Hazard Warranties
Many tires come with road hazard warranties FREE. In other words, in an effort to secure retailers, many tire distributors provide service centers FREE road hazard insurance. Some shops pass this on to their tire customers, others sell them. Ask if the tire “comes” with a road hazard protection policy. If not, request that one be provided at no additional charge. It’s worth a shot.
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Also, some car manufacturers provide road hazard warranties FREE of charge for 12 months or 12,000 miles. If you’re buying a new car or even used, ask that the dealer provide a complimentary road hazard policy (after all the wheeling and dealing is done, of course), and just before you commit.
What’s the best road hazard policy?
Money in your bank account.
Buy Tyres Fitted in Rosebank ?
It is very often that car owners or truck owners looking to replace the tires do not exactly know what to look for. Thus they would end up in buying low quality tires in the process causing much on money. However, you can make a wise choice if you keep in mind certain points before closing in on one deal.
The most important aspect that you have to take account while shopping for tires is to see whether the dealer is a trusted one. You will have to look into aspects such as the authenticity and reputation of the sellers. They must be one doing solid business without cheating the customers by selling substandard products. In the end the customer should not be scammed but satisfied.
It is relatively easy o check on the authenticity of the dealer. There are many consultancy services in the internet that can give you the related information. There are other simpler means of verifying the dealers. This is through finding out from your friends, neighbors or contacts that are well aware of the topics related to auto parts. You can find out from the experienced about the performance of tires, especially in the case of mud tires.
When you do the internet search for tires of cheap brands, you should trust only the authentic websites. Online searching will not let you have a closer examination of the tires that you consider. The tires you choose for your vehicles should be able to withstand the weather conditions of the region. Sometimes you might want a set of tires that will be suited for all kinds of weather so that you will not need to get the tire changed according to seasonal variation
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Check car tyres regularly for any signs of wear. This is important as they are the only point of contact between a car and the road. Any deterioration of the tread or damage to the sidewalls may be risking an accident.
The basic legal requirements for car tyres are:
a) Tread Depth must be a minimum of 1.6mm. This applies to the entire circumference of the tyre. A bald patch on a tyre, where the tread depth is below the minimum requirement, is against the law. Check a tyre after a skid or emergency braking as this is when bald patches can occur.
b) Tyres must be inflated to the correct pressure. Consult the vehicle manufacturer's handbook to find the recommended pressure. Not only is this a legal requirement, it improves the vehicle's handling and reduces fuel consumption.
Driving at high speeds increases the car tyre temperature and accelerates the wear.
6. Car Tyre Alignment
Incorrect alignment of car tyres causes uneven and increased wear.
7. Driving Style
Aggressive cornering, accelerating and braking excessively are all causes of car tyre wear.
One factor that is unavoidable is time. Tyres deteriorate naturally over time due to the effects of the weather. Vehicles kept outside will degrade faster than those kept in a garage. Cracking due to sunlight exposure usually becomes evident on car tyres that are five years or older. When this happens, as with any signs of wear, replace the car tyre immediately.