I HAVE long been an advocate of Tyron Bands, which should prevent a deflated tyre from coming off the rim, keeping a driver in control of car and caravan until they can safely stop. But they give no warning of any imminent deflation.
The advantage of a Tyre Pressure Monitoring System (TPMS) is that it should give you a warning of deflation, and because most punctures tend to be of the slow variety (unless you strike a kerb or something that tears the tyre sidewall), that warning will sound well before there's likely to be any loss of control.
Pressure monitors
From a personal point of view, I know I am a bit late to the party in fitting a TPMS to our own van, but I have