What is Tire and Wheel Protection?
Tire & Wheel Protection covers the cost of repairing or replacing tires and wheels damaged by road hazards like potholes, nails, and debris. It provides financial relief for customers while boosting F&I revenue for dealerships.
Coverage includes:
- Flat Tire Repair & Replacement: Covers damage from road debris and potholes.
- Wheel Repair & Replacement: Covers bends, cracks, or structural damage.
- Mounting, Balancing & Taxes: Ensures no hidden costs for customers.
- No Deductible or Out-of-Pocket Costs: Fully covered repairs within policy limits.
Key Benefits for Dealers & Customers:
Tire and Wheel Protection has a number of benefits, including:
- Boosts F&I Profits: High-margin, easy-to-sell add-on.
- Enhances Customer Satisfaction: Provides peace of mind for drivers.
- Eliminates Surprise Repair Bills: Covers common road hazards.
- Available on New & Used Vehicles: Increases vehicle protection appeal.
Frequently Asked Questions
Q: Are there limits on the number of claims?
A: Most plans allow unlimited claims within the policy term.
Q: Does this cover cosmetic wheel damage?
A: Some plans include cosmetic repair, but coverage varies.
