It is easy for the tyre manufacturers to say junk tyres after 4 years. Now for a light user, the tyres don't get used much. Also typically light users are careful about the car's upkeep, so park them indoors, or in basements/stilts, where exposure to UV light is minimal. This should mean much lower degradation of the tyre compound than estimated for the 'base case' on which the expiry date is postulated. Therefore, the practical approach Pankaj posted above works.
I don't know how insurance plays into this. Could they deny a claim because tyres were > 4 years old? Or over/under inflated?
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