Tire Insurance Rip off?

Damage Inc · 06-01-2015, 03:52 PM

So my M3 has tire insurance, this is the 2nd time I've been declined a claim and had to pay for the tire out of pocket. The SA told me the tire needs to be 3/32 or greater tread to be covered. This is through safeguard, bought through the dealer.

Is this "normal"? Is there a way around this? My SA is a "by the book" kind of guy, he's not going to make any exceptions.

Sucks to have tire insurance, then be out $1100 in tires. What's the point?

burtonsbs5114 · 06-01-2015, 04:50 PM

What happened to the tire?

BrewRifle · 06-01-2015, 04:51 PM

There is a minimum that the tire has to be in order to file a claim. I used to get nails in my tires just before hitting those limits when I had a tire warranty in order to break even

.

obe100 · 06-01-2015, 06:42 PM

yep....very normal. it's 3rd party insurance...with limitations AND the exact reason I passed

Flying Ace · 06-01-2015, 08:18 PM

yes, normal policy. btw it's cheaper to buy tire insurance from tirerack and other tire sellers.

roastbeef · 06-01-2015, 08:35 PM

Is it not reasonable that they won't replace almost bald tires when you run over a nail?

Flying Ace · 06-01-2015, 08:37 PM

Quote:

Originally Posted by roastbeef

Is it not reasonable that they won't replace almost bald tires when you run over a nail?

I don't think it's not not unreasonable. So fairly reasonable.

06-01-2015, 03:52 PM	#1
Damage Inc Lieutenant Colonel 790 Rep 1,925 Posts Drives: 2017 M2 Join Date: Apr 2005 Location: Nashville iTrader: (1)	Tire Insurance Rip off? So my M3 has tire insurance, this is the 2nd time I've been declined a claim and had to pay for the tire out of pocket. The SA told me the tire needs to be 3/32 or greater tread to be covered. This is through safeguard, bought through the dealer. Is this "normal"? Is there a way around this? My SA is a "by the book" kind of guy, he's not going to make any exceptions. Sucks to have tire insurance, then be out $1100 in tires. What's the point? __________________ Current: 17 OG M2 / R8 Performance Past Performance Cars: 01 M3, 05 M3, 06 M5, 08 M6, 08 M3, 11 M3, 13 M3, 15 M3, 911 C4S, 911 GTS, 17 M2,R8 V8, R8 RWS
	Appreciate 0 Tweet Quote

06-01-2015, 04:50 PM	#2
burtonsbs5114 Major 368 Rep 1,198 Posts Drives: 2021 F87 M2c. LBB, 6mt Join Date: Nov 2014 Location: Fort Lauderdale, FL iTrader: (0) Garage List 2006 MV Agusta Burt ... [0.00] 2012 Trek Madone 6. ... [0.00] 2008 BMW e93 M3 [0.00]	What happened to the tire? __________________ 2021 F87 M2c. Long Beach Blue over black with blue stitching. 6mt, executive package, slick top.
	Appreciate 0 Quote

06-01-2015, 04:51 PM	#3
BrewRifle Lieutenant Colonel 420 Rep 1,678 Posts Drives: 2011 MCB E92 M3 Join Date: Jun 2013 Location: Austin, Texas iTrader: (4) Garage List 2011 BMW M3 [7.56] 2013 BMW X3 35i [0.00] 2009 BMW 135i [8.00]	There is a minimum that the tire has to be in order to file a claim. I used to get nails in my tires just before hitting those limits when I had a tire warranty in order to break even. __________________ 2011 Monte Carlo Blue E92 ///M3 - ESS VT2-625
	Appreciate 0 Quote

06-01-2015, 06:42 PM	#4
obe100 Lieutenant 232 Rep 496 Posts Drives: on the weekends… Join Date: Sep 2011 Location: Planet Earth iTrader: (1)	yep....very normal. it's 3rd party insurance...with limitations AND the exact reason I passed
	Appreciate 0 Quote

06-01-2015, 08:18 PM	#5
Flying Ace Lieutenant General 4985 Rep 11,891 Posts Drives: G05 45e, 997.1 & 991.1 GT3s Join Date: Jul 2014 Location: SF, CA iTrader: (5)	yes, normal policy. btw it's cheaper to buy tire insurance from tirerack and other tire sellers. __________________ 22 Phytonic/Coffee X5 45e (CoVID-free) 08 Speed Yellow 911 GT3 Sharkwerks 12 AW/Cinnamon X5d Sports Pkg (retired) 14 AW/Beige M6GC ZCP, MPE, V2 steering wheel, vorsteiner (retired) 08 SSII/Black E90 M3 (retired)
	Appreciate 0 Quote

06-01-2015, 08:35 PM	#6
roastbeef Lieutenant General 11586 Rep 12,728 Posts Drives: E92 M3 Join Date: Nov 2010 Location: Orange County, CA iTrader: (4)	Is it not reasonable that they won't replace almost bald tires when you run over a nail? __________________ Instagram; @roastbeefmike
	Appreciate 0 Quote