People throughout Albany, NY, used to say that you should only slit three tires to ensure auto insurance won’t cover the damages. However, this is another common myth. There are several factors that determine whether insurance will provide coverage, and the number of damaged tires is not one of them. 

Insurance Type

The type of policy you have plays a crucial role in whether tire damage is covered. Liability insurance covers the other person’s property damage and bodily injuries if you’re at fault for the accident. It won’t cover damage to your tires. 

Collision coverage will help if an accident occurs. Some of these policies will cover you if you’re in an accident involving an object or animal. It’s important to speak with an agent at NY Twin Bridges Insurance Agency to learn more about your coverage. 

Comprehensive coverage typically pays for damage from things like vandalism. However, there are other things to consider when it comes to whether your policy will pay for new tires. 

Covered Perils and Exclusions

Every policy has a list of covered perils. Vandalism is typically a covered peril under a comprehensive policy. Some policies specifically exclude vandalism if you live in a high-crime area. It’s always a good idea to verify which events are covered when you obtain a policy. 

Policies May Cover Factory Tires

Most policies will cover the cost of new tires, but this may only apply to the cost of standard tires. If you have snow tires or customized wheels, you may have to pay out of pocket for part of the damage. 

There are several factors that determine how much your auto insurance can help you. That’s why it’s crucial to speak with an agent at NY Twin Bridges Insurance Agency to learn more about your policy coverage. We’re currently serving the Albany, NY, area.