Press release

May 24, 2010

Tire insurance is easy on the wallet

Few drivers take advantage of the offers

According to the Würzburg-based trade magazine "kfz-betrieb", around 90 percent of specialist tire stores as well as many car dealerships and independent garages have tire insurance in their portfolio. However, consumers often do not take advantage of this offer, even though it protects them from financial burdens in the event of a flat tire.

Standard tire insurance policies cover damage caused by objects driving into the tire, by hitting the tire, e.g. on the kerb, and by vandalism or theft. According to "kfz-betrieb", the costs for this insurance cover are low. They amount to ten to 30 euros for an insurance term of two years.

Taking out tire insurance can therefore be well worthwhile, as punctures are not as rare as consumers generally believe: tire damage has been in second place in the ADAC breakdown statistics since 2006, reports "kfz-betrieb". However, there are differences in compensation: most tire insurance companies work with discounts that depend on the remaining tire tread. Only the insurance group "The Warranty Group" currently waives discounts.

"kfz-betrieb" is the most widely read trade magazine in the automotive industry and has been informing the automotive trade and service sector for 98 years. "kfz-betrieb" is the official organ of the German automotive trade (ZDK), the professional lobby for around 39,000 car dealerships and workshops. Daily news from the entire automotive industry is available at www.kfz-betrieb.de and in the daily newsletter. The parent company Vogel Business Media is one of the leading German providers of specialist information with around 100 trade journals and 60 websites as well as numerous international activities. Its headquarters are in Würzburg.

Your contact person

Gunther Schunk

Corporate Communications
Vogel Communications Group GmbH & Co. KG

 

Phone: 0931 418-2245
E-mail: info@vogel.de

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WIADOK GmbH & Co. KG
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Vogel Corporate Solutions GmbH
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Jakobstrasse 1a
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Phone: +49 931 4170-01
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www.datam-services.de
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Vogel Communications Group AG
Seestr. 95
8800 Thalwil
Switzerland
Phone: +41 44 722 77-00
www.vogel-communications.ch
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Beijing Jigong Vogel Media Advertising Co. Ltd.
Zone A of floor 3, Building two, No. 22 of Baiwanzhuang, Xicheng District
100037 Beijing, PR China
www.vogel.com.cn
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WIN-Verlag GmbH & Co. KG
Chiemgaustraße 148
81549 Munich
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Vogel IT-Medien GmbH
Max-Josef-Metzger-Str. 21
86157 Augsburg
Phone: +49 821 2177-0
Fax: +49 821 2177-150
www.vogel.de
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Vogel Communications Group GmbH & Co. KG
Max-Planck-Str. 7/9
97082 Würzburg
Phone: +49 931 418-0
Fax: +49 931 418-2100

Vogel Communications Group (VCG) is a leading provider of specialist communications and information with 790 employees and a turnover of around 100 million euros. The Group is represented in the represented at 9 locations in German-speaking countries, as well as internationally with a focus on China. VCG offers a group-owned agency network of 8 communication agencies and service companies. and service companies. It is represented by around 100 specialist media in the 5 economic sectors automotive, industry, information technology, law/economics/taxes and B2B communication/marketing. anchored. VCG offers 250+ services for professional and successful corporate communications services, 100+ digital platforms and communities as well as 300+ business events per year.
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