When purchasing a new or used vehicle. Is it worth purchasing a small policy offered by the dealership to cover the wheels and tires in case of hazard or damage?

Yes it is worth purchasing this coverage.

It normally runs about $399.00 range. With the condition of the roads and any other mishap that can occur it pays for itself if you only use it one time. The most important thing to be aware of is bring overcharged for the coverage.