An extended auto warranty agrees to pay claims for mechanical failures and breakdowns after the manufacturer’s warranty expires. Also known as a Vehicle Service Agreement, Mechanical Breakdown Agreement, or extended Warranty, this type of policy is planned to defend a consumer from paying for unforeseen vehicle repair problems.
Sometimes called an “extended warranty,” a service contract is not a warranty as defined by federal law. A service contract may be set at any time and always costs extra; a warranty comes with a new car and is incorporated in the original price. The separate and additional cost distinguishes a service contract from a warranty.
If you are shopping for a new or used car, you may be encouraged to purchase an auto service contract. Before signing on the dotted line, understand both the terms of the contract and who is liable for providing the coverage.
Here we explain the basics of auto warranty, things to remember when picking through auto warranty companies and how to get the best price on an extended car warranty.
- What is Auto Warranty and How does it work?
- How to choose Best Auto Extended Warranty?
- How to get Best Auto Warranty Quote?
- What affects the Price of an Auto Warranty?
We have consumer reviews and ratings on all key Auto Warranty Companies. To start with, find out whether you need to buy auto warranty for your vehicle. If you decide to buy the policy, visit compare auto warranty section to research auto warranty companies and their offers.
There are thousands of automobile warranty providers—both through stand alone companies and dealerships—that will sell you a policy at a price right for you. But be cautious that many of these firms can give low prices as they make a habit of denying claims or because they exclude important kinds of coverage. Automotive extended warranties are usually sold in packages that cover your vehicle up to a definite mileage. New car dealers always offer warranties, but if you intend on evaluating auto warranty companies to those of dealership, do it before you go in to purchase your car.
Look for an automobile warranty that suits your needs with the following resources and auto warranty basics:
- Auto warranty quote sites
- Highly-rated warranty providers
- Discount extended car warranty packages
Ask the following questions before buying an auto services contract.
- Who backs the service contract?
- What’s the cost of the auto service contract?
- What is covered and not covered?
- How are claims handled?
- What are your responsibilities?
- What is the length of the service contract?
Auto Warranty Company Ratings and Companies
It’s hard to know who to trust or what to believe these days, especially when shopping for big ticket items online. When shopping for a company to do business with, it’s significant that you do your own due diligence and comparisons.
There are many different ways car warranty company can go about covering your vehicle. Reading about fine print in the contract and knowing what’s covered along with the exclusions can help you notably when making comparisons among companies.
When searching for car warranty companies, one of the most vital things to do before buying coverage is to explore customer reviews and consumer rating. You will want to procure a warranty that not only meets your needs, but is provided at a competitive price.
We suggest you do your own research, and this comparison checklist must help you get started. Whether you buy service contract from any company, your ultimate goal must be finding a group you can count and trust.