View Poll Results: Do you purchase tire road hazard insurance?
yes
36
36.36%
no
63
63.64%
Voters: 99. You may not vote on this poll
Tire Road Hazard Insurance ?
05-15-2010, 12:00 AM
#21
Burning Brakes
05-15-2010, 12:51 AM
#22
Drifting
Member Since: Feb 2010
Location: Bonsall CA
Posts: 1,266
Likes: 0
Received 0 Likes
on
0 Posts
The last tire and wheel policy I bought from a dealer covered the wheel only if it would no longer hold air. Cosmetic damage doesn't matter. You could beat it, warp it, scratch it, bend it, whatever - no coverage if it holds air. As soon as I found this out I cancelled the policy and got a refund.
Like buying damage insurance AND loss insurance on a cell phone. Why do you need damage insurance???
bosco 08: "No. Your betting you need it, their betting you don't."
Ah, yes, but they have the law of large numbers on their side, and obviously it pays to bet that you don't, otherwise they'd be out of business. You're funding their buildings, their offices, their salaries, and their advertising.
thirtythird: "The problem for me is that it was advertised one way (or I was led to believe) but in practice it was a lot more restrictive than I thought."
And, they also have the small print on their side as thirtythird so adroitly points out.
Is having tire insurance any different than having $100 tp $250 deductible for collision, instead of $1000 or $2000 deductible?
It is a lot cheaper over the long run having higher deductibles, and if you can afford a C6 in the first place, shouldn't you be self-insured?
Last edited by chgoblue; 05-15-2010 at 12:56 AM.
05-15-2010, 01:19 AM
#23
Melting Slicks
I didn't used to get the road hazard until I hit a pot hole and ruined a Michelin PS2. It was just old enough that I didn't feel I could only replace one of the front tires. Two new Michelin PS2s convinced me to spend a little extra for the road hazard. 
05-15-2010, 02:46 AM
#24
Drifting
Member Since: Feb 2010
Location: Bonsall CA
Posts: 1,266
Likes: 0
Received 0 Likes
on
0 Posts
1) How much is road hazard insurance?
2) Does it pay for towing?
3) Does it pay for 2 tires if only one blows out as you suggest?
Thanks,
Charles
PS I know I'm potentially backpeddling here.
05-15-2010, 07:05 AM
#25
Le Mans Master
They don't sell insurance with the intention of losing money. They sell insurance so that, in the long run, they get to put your money in their pocket and keep most of it. For every person who collects more than the policy costs there are dozens if not hundreds who collected nothing for their "investment". If you can't afford a new tire in the rare instance that you damage one, then you can't afford a Corvette.
05-15-2010, 11:06 AM
#26
Le Mans Master
I got the dealership tire insurance...
But I would not purchase it again. I hit a bad pothole that bent the left front rim and caused a bulge in the tire.
When I got the insurance, the finance dude said anything happens bring it in and they will be replaced.
Well, when something did happen, they said the rim would be repaired, and if not, replaced with non-factory rim of the same type, and the tire, since it held air, would not be replaced.
What a joke. The problem for me is that it was advertised one way (or I was led to believe) but in practice it was a lot more restrictive than I thought.
I ended up getting the rim fixed (along with 2 others on my other car) for 100 bucks and then replaced the front tire at my own expense.
To me, the tire warranty was not worth the paper it was printed on. YMMV.
As far as the one from tire shops, I have used it in the past to my benefit but lately I don't get that anymore. It costs enough just to get a set of tires these days, even for a Focus.
But I would not purchase it again. I hit a bad pothole that bent the left front rim and caused a bulge in the tire.
When I got the insurance, the finance dude said anything happens bring it in and they will be replaced.
Well, when something did happen, they said the rim would be repaired, and if not, replaced with non-factory rim of the same type, and the tire, since it held air, would not be replaced.
What a joke. The problem for me is that it was advertised one way (or I was led to believe) but in practice it was a lot more restrictive than I thought.
I ended up getting the rim fixed (along with 2 others on my other car) for 100 bucks and then replaced the front tire at my own expense.
To me, the tire warranty was not worth the paper it was printed on. YMMV.
As far as the one from tire shops, I have used it in the past to my benefit but lately I don't get that anymore. It costs enough just to get a set of tires these days, even for a Focus.
05-18-2010, 11:28 PM
#27
Melting Slicks
Thread Starter
It's not a question of affording a new tire.
All insurance companies are in business, but does that mean that you don't buy health insurance??
Don't be an azzhat.
Sometimes insurance = peace of mind and it's hard to put a dollar sign on that.
All insurance companies are in business, but does that mean that you don't buy health insurance??
Don't be an azzhat.
Sometimes insurance = peace of mind and it's hard to put a dollar sign on that.
05-18-2010, 11:48 PM
#28
Burning Brakes
with vette-oholic. Though this is a vette forum, the Tire Road Hazard poll reads as a general question. And of all the insurance policies one has {outside of health ins} I think that a road hazard is the one most often collected on.
In 30yrs and 100K's of miles of driving, I've had my share of punctures.
Damn glad to have road hazard, and will buy it every time.
05-19-2010, 07:03 AM
#29
Insurance is generally for bad outcomes you can't reasonably afford to pay for. Worst case with a tire is far different from worst case with your health, dontcha think?
