Hi All
Can we get a thread going on tire & rim insurances? Also if anyone on this forum knows a dealer that sells CNA Tire & Rim insurance, or works at/with a dealership that does, please PM me.
Include:
Company Name:
Price Paid:
Coverage Type:
Bonus:
Any experiences with the claims process? Some polices are notoriously bad.
Company Name: Volvo (administered by Fidelity)
Price Paid: $698
Coverage Type: “Premium plan”
DELUXE COVERAGE:
Even the most cautious drivers encounter a flat tire or damaged
wheel along the way. Help safeguard your tires with the Deluxe
Coverage Plan. The Deluxe Coverage Plan repairs or replaces
tires damaged by road hazards; road surface conditions such
as potholes, cracks, breaks and debris on the road surface.
The Plan provides for the replacement of wheels when or if
the wheel cannot be balanced, will not hold air, or the damage
has affected the structural integrity of the wheel.
Deluxe Coverage does not cover cosmetic damage to tires
and wheels.
PREMIUM COVERAGE:
Includes Deluxe Coverage plus cosmetic damage coverage
to an alloy or steel factory wheel.
This paid for itself when I cracked a wheel on a pothole in February, and the wheel alone was $700 + tax.
I would recommend including what type of car since different models within the same brand will have different costs.
Both of these are at employee pricing, so keep that in mind.
Company Name: CNA (18’ Audi S5)
Price Paid: $700
Coverage Type: $50 deductible, no cosmetic coverage, $6000 limit.
Went through about 6 tires and a rim in Chicago. Only real issue was they wouldn’t cover one time where a chunk of tire was taken off by a pothole and the tire was not leaking.
Company Name: Allstate (20’ BMW M4)
Price Paid: $950
Coverage Type: no deductible, no limit, includes wheel and tire and cosmetic plus it was only $100 more to add dent/ding, windshield cracks, and lost key.
I have only owned the M4 for a month, so no issues so far. But we sell Allstate over BMW’s insurance since the coverage is better and it cost half as much.