Its a made up "fact"
Comprehensive insurance (covers everything that's not an actual collision) would pay for any amount of tires slashed. Even just 1.
However, it all depends on your deductible, you would still end up paying that first, no matter how many tires were slashed.
Say your tires are $100 a piece and you have a $200 deductible, if 2 tires got slashed, you'd have to pay all $200. If 4 got slashed, you'd still meet your deductible of 200 first, then insurance would pay the rest. Now say your deductible was $500 instead, you'd still have to pay for all 4 tires to be replaced.
Or say your tires are closer to $300 a piece and your deductible is only 100. You'd meet your deductible on the first tire and insurance would cover the other 200 of the first tire plus all of any other slashed tires.
The only way this fact kinda works is if your deductible matches how much 3 tires cost, but even then you still gotta meet your deductible first so you'd be paying for 3 tires, the insurance would get the 4th. Insurance wouldn't just pay for all 4 (unless you have a $0 deductible that is, but then they'd also be paying for all 3 or 2 or even 1)
.
The insurance company would depreciate the tires first too though. If you've had em for years and driven 50k on them already, they won't pay as much as if you got them brand new a week earlier.
"montypythonandtheholyblog"
Some people are so good at usernames, while I am suddenly drained of any creativity I might have possessed when it comes to the create username part.
Comprehensive insurance (covers everything that's not an actual collision) would pay for any amount of tires slashed. Even just 1.
However, it all depends on your deductible, you would still end up paying that first, no matter how many tires were slashed.
Say your tires are $100 a piece and you have a $200 deductible, if 2 tires got slashed, you'd have to pay all $200. If 4 got slashed, you'd still meet your deductible of 200 first, then insurance would pay the rest. Now say your deductible was $500 instead, you'd still have to pay for all 4 tires to be replaced.
Or say your tires are closer to $300 a piece and your deductible is only 100. You'd meet your deductible on the first tire and insurance would cover the other 200 of the first tire plus all of any other slashed tires.
.
The insurance company would depreciate the tires first too though. If you've had em for years and driven 50k on them already, they won't pay as much as if you got them brand new a week earlier.
Loop hole #2 :p
Some people are so good at usernames, while I am suddenly drained of any creativity I might have possessed when it comes to the create username part.