Tyre insurance has become common now. Car dealerships usually push for tyre insurance paired with other policies like dent and scratch protection, and key insurance, GAP insurance, etc. Tyre insurance is to relieve you of the financial burden that may occur if one or more of your tyres suffer from accidental (blowout) or malicious (slashing) damage in some way. Tyre insurance does not generally offer coverage for basic wear and tear as tyres wear out over time and need to be replaced.

Your tyre insurance shall pay for the replacement tyres instead of repairing your damaged tyres. You can get Hankook Tyres in Dubai if you want to replace your existing tyres.

Tyre Insurance 

Tyre insurance is usually associated with high-end and costlier vehicles that come with large alloy wheels or big off-road tyres. These tyres are rather expensive to replace. With time, a large number of cars, including Minis and BMWs, are equipped with run-flat tyres. These cannot be repaired like normal car tyres. They are replaced for even minor damage.

The tyre insurance premiums are calculated according to car type, the tyre size, and performance. And the amount of tyre insurance depends on the type of vehicle you own and the car tyres. 

Tyre Insurance – Is it Necessary?

As mentioned above, whether tyre insurance is worth it or not is based on a myriad of factors, such as your own, your existing car tyres, how much you drive per week, and the road conditions you drive daily. To see if tyre insurance is really worth it, you need to bear a few things in mind:

• Insurance cost
• Value of the product you want to get insured
• Likelihood of you claiming the policy

Similar to the majority of the insurance policies, tyre insurance is also going to cost you the premium upfront cost and an excess, if you make a claim. Moreover, most tyre policies designate several replacement tyres and allow you to claim for that only during the tenure of the policy. The premium usually amounts to the cost of a new tyre. In case you make a claim, you will have to pay an excess.

If your car has run-flat tyres of those big SUV ones, they come quite expensive. With the help of a tyre insurance policy, you might be at an advantage since the cost of replacing a damaged tyre is higher and/or the probability that you will suffer from a damaged tyre.

To sum up, it usually works out for the better if you claim for more than one year throughout the life of your policy. This way, you will save more money, than buying brand-new tyres.

Final Thoughts

Tyres are the most important component of your car. Apart from ensuring that you get your car tyres insured. See that you invest time and follow a proper car tyre maintenance regime. If looking for branded quality tyres in UAE, you can check out Dubai Tyres Shop and get your hands on authentic tyres for your car for ultimate performance and comfort.