Why's that? They're selling the insurance plan for a profit, after all. The expected return, from the buyer's point of view, is negative.

If your financial situation is such that you'd be in trouble if you had to replace a tire, then sure, but tires aren't that expensive.

I expect this is true depending on where you are, and the quality of roads you drive on.

I've been driving for 36 years now and have never had a tired damaged more than the very occasional puncture.

I could go out tomorrow and damage one, but by this point I can consider myself "self insured".

> I've been driving for 36 years now and have never had a tired damaged more than the very occasional puncture.

I typically go through a tire a year. The city I live in (Seattle) will pay to replace the tire if the loss was due to a pot hole, but you have to take a picture of the pot hole, which can be a bit hard to do in many circumstances.

There have been years where I've paid more for tires than for gas. :/

That's crazy. I've lived in Seаttle for 7 years and only had to get a tire puncture sealed at Le Schwab, never had to replace one.