Tire & Rim Protection

Everyday driving conditions cause costly repairs.

Potholes and road debris can quickly leave you with damaged tires or bent rims — an inconvenience that turns into a costly out-of-pocket repair. Optiom Tire + Rim Protection helps safeguard your vehicle from these everyday hazards so you can drive with confidence.

Ask for Optiom Tire + Rim Protection when you buy or lease your next vehicle.

Close-up of vehicle tire and alloy rim on Canadian road
Canada's Largest
Specialty vehicle insurance provider
600,000+ Policies
Sold across Canada since 2008
New & Pre-Owned
Coverage available on both
Dealer-Exclusive
Only sold at dealerships

WHY IT MATTERS

Road Damage Happens When You Least Expect It.

Potholes, curbs, and road debris are everyday realities on Canadian roads. A single hit can leave you with a shredded tire, a bent rim, or a lost key fob — and most standard auto policies don’t cover any of it.

Optiom Tire + Rim Protection is built for these moments. Instead of paying out-of-pocket, you drive away covered — with towing, key fob replacement, and full repair or replacement handled for you.

 

An Interesting But Alarming Statistic
Pothole damage costs Canadian drivers over $1 billion every year — and the average pothole-related repair runs $500 to $1,000 out-of-pocket.
Source: Canadian Automobile Association (CAA)

Your Next Move

Ask for Optiom Tire & Rim Protection when you buy or lease.

Tire & Rim Protection is sold exclusively through participating dealerships. When you're at the F&I desk finalizing your next vehicle, ask for it by name — coverage starts the day you drive off the lot.

Call 1-844-427-7587
Trusted Protection Solutions

Canada’s Largest Provider of Specialty Vehicle Insurance.

Originating in British Columbia since 2008 and now headquartered in Calgary, Alberta, Optiom has grown to deliver dependable protection through an extensive national network of dealerships, with well over 600,000 policies sold to date.

Optiom provides Canadians with specialized insurance solutions built on a system of stability, expertise, and a proven commitment to customer support.

600K+
Policies Sold
100+
Employees
2008
Founded in BC

Coverage Details

How Tire & Rim Protection Pays Out for You.

When road damage happens, Optiom handles the repair or replacement — from tires and rims to key fobs and towing. Here’s exactly what’s covered and how much you’re protected for.

Tire Coverage

Tire Repair & Replacement

If a tire can’t be repaired to Transport Canada safety standards, the damaged tire is replaced with new, like kind and quality. Flat tire repairs are also covered. Up to $600 per tire, $80 per repair — including taxes.

Rim Coverage

Rim Repair & Replacement

If a covered rim is damaged by a road hazard and results in air loss or fails to function as intended, it’s repaired — or replaced with a reconditioned, used, or new rim of like kind and quality. Up to $1,500 per rim, including taxes.

Key Fob / Remote

Lost or Damaged Key Fobs

If you received two original key fobs at policy inception and one is lost, stolen, or damaged beyond repair, Optiom repairs or replaces it — up to two times per policy. Up to $500 per claim, including taxes.

Towing Reimbursement

Towing & Travel Costs

If a road-hazard flat tire happens more than 200 km from home, Optiom covers emergency towing to the repair facility of your choice, plus hotel and meals. Up to $200 per claim, max 3 claims per policy.

Winter Tire / Rim

Winter Tires & Rims Included

Coverage extends to your winter tires and rims — provided they’re no more than 5 years old at effective date, have usable tread, meet manufacturer fitment specs, and are listed on your policy declaration. No extra cost.

Transferability

New Tires? Keep Your Coverage

Buy a new set of tires or rims to replace your originals and remaining benefits transfer to the new set. Just retain your sales receipt and submit the invoice to Optiom within 30 days of the transfer.

Choose Your Term

Three Terms. Same Great Coverage.

Pick the coverage term that fits how long you plan to keep your vehicle. All three include the same benefits above — the maximum policy limit is what scales.

Coverage Term

3 Year

Max Limit Per Policy: $5,000

$600 per tire · $1,500 per rim · $80 flat repair · all limits include taxes

Top Seller

4 Year

Max Limit Per Policy: $6,000

$600 per tire · $1,500 per rim · $80 flat repair · all limits include taxes

Coverage Term

5 Year

Max Limit Per Policy: $7,000

$600 per tire · $1,500 per rim · $80 flat repair · all limits include taxes

Per-claim benefit limits apply within each plan’s total maximum. All plans include Tire & Rim Coverage, Flat Tire Repair, Key Fob/Remote Coverage, Towing Reimbursement, Winter Tire/Rim Coverage, and Policy Transferability. Coverage is available exclusively through participating dealerships.

Bamboo Premium Financing

Flexible Payment Options

Pay monthly with Bamboo Premium Financing

Don’t want to pay your Optiom policy up front? You don’t have to. Through our partnership with Bamboo Premium Financing, you can spread the cost of your coverage into affordable monthly payments — with fast approvals, fair rates, and a friendly Canadian team behind every application.

  • Simple monthly payment plan
  • Fast approval, minimal paperwork
  • Available on all Optiom policies

Financing subject to Bamboo Premium Financing approval and terms.

Program Eligibility

Is Your Vehicle Eligible?

To qualify for Optiom Tire & Rim Protection, your vehicle needs to meet a few straightforward conditions at policy issuance and throughout the coverage term.

Vehicle & Purchase Requirements

  • 1
    You must obtain and maintain a Standard Automobile Policy on your vehicle throughout the Policy Term.
  • 2

    Your vehicle’s tires must be 5 years of age or newer at time of policy issuance.

  • 3
    At time of claim: tires must be 10 years of age or newer per D.O.T. Code, with a minimum tread depth of 4/32 of an inch and tread wear indicators not flush with the tread surface.

Use Conditions

  • 1
    Your vehicle must be a private passenger, sport, luxury car, mini-van, SUV, or pick-up truck.
  • 2
    Your vehicle’s purchase price does not exceed $300,000 excluding taxes.
  • 3
    You use your vehicle for personal or business purposes.
PDF
Take It With You
Download the Tire & Rim Protection brochure
Everything you need at the dealership - coverage details, claim examples, and eligibility rules - in a printable PDF.

Common Questions

Straight Answers.

What is Tire & Rim Protection?

A dealer-offered protection product covering repair or replacement of tires and rims damaged by road hazards, plus key fob/remote replacement, towing reimbursement, winter tire/rim coverage, and policy transferability. Available in 3, 4, and 5-year terms.

Optiom Tire & Rim Protection covers repair or replacement of tires and rims damaged by road hazards like potholes, curbs, glass, nails, and debris. It also includes flat tire repair, key fob/remote replacement (up to 2 times per policy), emergency towing when you’re 200+ km from home, and coverage that extends to your winter tires and rims. Available in 3-, 4-, and 5-year terms.

Call Optiom at 1-844-427-7587 or visit the Report A Claim page on our website. Our team will walk you through what’s needed, coordinate with your repair facility, and handle the payout directly. You don’t have to negotiate with anyone or front the cost.

Most standard auto policies don’t cover pothole or curb damage to tires and rims — and even when they do, filing a claim usually means paying your deductible and risking a premium increase. Tire & Rim Protection is designed to fill that gap: no deductible, no impact on your standard auto policy, and no out-of-pocket cost for covered repairs.

Yes — coverage extends to your winter tires and rims at no extra cost, provided they’re no more than 5 years old at your policy’s effective date, have usable tread at the time of a claim, meet manufacturer fitment specifications, and are listed on your Policy Application/Declaration.

Private passenger vehicles, sport, luxury cars, mini-vans, SUVs, and pick-up trucks used for personal or business purposes, with a purchase price up to $300,000 excluding taxes. Your vehicle’s tires must be 5 years old or newer at policy issuance. Full eligibility rules are listed in the section above.

Tire & Rim Protection is available exclusively through participating dealerships and must be added at the time you buy or lease your vehicle. Ask for Optiom Tire & Rim Protection by name at the F&I desk before you finalize your paperwork.

Your remaining benefits transfer to the new set. Keep your sales receipt as proof of purchase and submit a copy of the invoice to Optiom within 30 days of the transfer, and your protection continues seamlessly.

Also from Optiom

More Ways to Protect Your Vehicle

Vehicle Replacement Insurance

Bridges the gap between the market value after a total loss and the actual cost to replace your vehicle.

Mechanical Breakdown Protection

Covers the cost of repairing failed mechanical components after your manufacturer’s warranty expires.

Guaranteed Asset Protection

Covers the shortfall between your primary auto insurer’s payout and what you still owe on your loan or lease after a total loss.

Appearance Protection

Protects your vehicle’s interior and exterior finish from everyday wear — stains, scuffs, minor dents, and paint damage.

For Dealer Partners

Are you a dealership? Become an Optiom partner and offer Tire & Rim Protection at point of sale. Here’s what you get:

Dedicated Dealer Rep

Every partner dealership is paired with a dedicated Optiom representative for training, product questions, and day-to-day support.

F&I Training & Materials

Your team receives full product training, presentation frameworks, and customer-facing collateral to integrate T&R into every delivery.

Claims Handled by Us

When a customer files, Optiom’s in-house claims team manages the process end-to-end and coordinates with everyone involved — the customer, their lender, and your dealership when applicable.