Best Extended Car Warranty Companies Reviewed: Who Pays for Repairs, auto extended warranty.#Auto #extended #warranty


Extended Auto Warranty Companies Reviewed

Auto extended warranty

  • 24/7 roadside assistance
  • 30-day money back guarantee
  • Different levels of coverage
  • Rental car benefits
  • Transferrable Warranty
  • 350,000 certified mechanics in US and Canada
  • Consistently #1 in customer satisfaction

Auto extended warranty

  • Transferrable Warranty
  • 24/7 roadside assistance
  • 30-day money back guarantee
  • Rental car benefits
  • Choose your repair facility
  • Deductible

Auto extended warranty

  • Transferrable Warranty
  • Rental car benefits
  • Waiting period
  • Choose your repair facility
  • Deductible
  • Coverage available for new/used cars
  • Multiple coverage plans
  • 30-day/1,000-mile waiting period
  • Online claim forms and submissions
  • Plans have no deductible option
  • Warranties are transferable
  • Car Care Service plans available
  • Coverage for cars up to 120,000-miles
  • Different plan options
  • Limited online functionality for customers
  • Coverage for cars up to 150,000-miles
  • Various plan options
  • Car Care Service plans available
  • 24/7 Roadside Assistance

Auto extended warranty

  • 24/7 roadside assistance
  • 30-day money back guarantee
  • Rental car benefits
  • Different levels of coverage
  • Transferrable Warranty
  • Consistently #1 in customer satisfaction
  • 350,000 certified mechanics in US and Canada

Auto extended warranty

  • Transferrable Warranty
  • 24/7 roadside assistance
  • 30-day money back guarantee
  • Rental car benefits
  • Choose your repair facility
  • Deductible

Auto extended warranty

  • Transferrable Warranty
  • Rental car benefits
  • Waiting period
  • Choose your repair facility
  • Deductible

Coverage

  • Length of Extended Auto Warranty:

When it comes to protecting your vehicle, the longer that coverage lasts, the better. This is why you want to have options when it comes to choosing the length of your vehicle. In most cases, the majority of contracts last three to five years. However, it is not uncommon to find plan lengths ranging from 12-months to 7-years.

Just like having the ability to choose the length of your agreement, choosing what is covered is another important factor when deciding between auto warranty companies. There are three basic types of coverage. While each different company may give them a different name, they are broken down in the following ways:

Widely considered the “basic” plan, but a very important one as well. Power train coverage refers to the main components of your vehicle such as the engine, transmission, drive axle, and transfer case. Typically, these are the most expensive repairs, which is why they so greatly need to be covered.

These plans are called stated components because they state each part and accessory that is listed for coverage. Common parts can include everything that was listed in the previous level of protection, as well as any heating or cooling units, fuel system steering, brakes, electrical components, etc.

This type of extended auto warranty protection is the opposite of stated component. Instead of listing what is listed for coverage, it states what isn’t. These are called exclusions, where the plan gets its name. The reason the policy is written in this manner, is because so many items are listed for coverage, that it is a shorter to list what isn’t covered rather than what is.

  • Number of States Available in:

Before purchasing a protection plan for your automobile you wouldn’t think that it would be necessary to check if it is available in your state, but it is probably a good idea. Some companies are only allowed, by law, to sell extended auto warranties in certain states. Double check to see if the company you’re researching is legally admitted to back contracts in the state you reside.

When you are paying for your own auto repairs, you have the freedom to choose your own mechanic. However, with some auto warranty plans, you have a limited number of repair facilities to choose from. We believe that you should have the independence to pick a service location that fits your needs and is convenient to access.

One of the biggest issues that most drivers have with car warranty companies is how claims are handled. We think it is one of the most important factors to consider before purchasing a service plan. Generally, companies will either pay claims directly to the service facility or they establish a reimbursement program. These type of programs involve the driver having to pay for all repairs up front and then wait until the claim has gone through all necessary channels, and will eventually result in a reimbursement of payments to the policy holder. We think it is pretty clear which type of program you should choose: direct payments.

Sometimes a driver who has bought an extended auto warranty will need to transfer it for a number of reasons. Common reasons of doing so include: selling the original vehicle, giving the vehicle to a child, replacing the vehicle, etc. What you want to make sure is that your policy will in fact transfer to a new vehicle or owner in the even any of these possible situations may arise. A plan that isn’t transferable is not worth the paper it is printed on.

Some extended warranty companies do not allow vehicles past a certain mileage. These cars are viewed as too big of a risk financially for the company. Some will have a cut-off at 100,000-miles but others have been known to go up to 150,000-miles and even 200,000 on rare occasions. Make sure that your mileage is at a decent number so you can actually qualify and use your extended auto warranty.


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