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What Is Tire And Wheel Coverage

GENERAL AUTO FINANCE EDUCATION

January 7, 2020

By: Jimmy Lipham

Learn About The Benefits Of Tire And Wheel Protection

Tire and Wheel Protection Plans supplement your insurance coverage, protecting you from paying for damage to your car’s tires and wheels when your insurance may not.

Without Tire and Wheel Protection Plans, many car buyers have to pay for repairs to their vehicles’ tires and wheels out-of-pocket. Typically, auto insurance plans do not cover tire and wheel damage, and when they do their deductibles are usually higher than the cost of the repairs.

Tire and Wheel Protection Plans often feature the following:

  • no deductible
  • no limit on the number of claims you can make
  • available for vehicles with higher mileages

These characteristics make them attractive purchases for car buyers.

In general, tire and wheel protection plans cover you from damage from road debris, potholes, blowouts, and manufacturer defects. However, some providers go further to provide full Road Hazard Protection, which protects your vehicle from almost any hazard you may encounter on the road. If you are considering Tire & Wheel Coverage, be sure to ask about full Road Hazard Protection.

Jimmy Lipham

Jimmy Lipham

Senior Auto Finance Specialist

Jimmy is a seasoned auto finance specialist with over a decade of experience helping people navigate car loans, refinancing, and lease buyouts. He breaks down complex financial topics into clear, actionable advice.

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