Car repairs are expensive, and a good extended warranty can help to keep the cost down. Unlike factory warranties, which are standard offerings and typically limited in coverage to only certain components, third-party providers offer a variety of plans, allowing you to pick and choose the level of protection that best fits your needs and budget. In addition, some providers offer extra benefits like roadside assistance and trip interruption coverage.
Choosing the best car extended warranty requires an understanding of your vehicle’s maintenance schedule and the types of repairs it is likely to need, as well as the specific needs of your budget. A provider’s customer service should be able to answer any questions you may have, and their claim processing should be efficient and fair. You should also consider whether a company is BBB accredited, which can be an indicator of their commitment to customer satisfaction.
A key factor to consider when shopping for a good extended warranty is how the plan compares to any remaining coverage from your vehicle’s manufacturer warranty, which may extend up to 200,000 miles. It is important to avoid buying a plan that will duplicative any coverage you already have, especially when purchasing a used vehicle or one with high mileage.
Many third-party providers are able to provide you with free quotes as part of your evaluation process. Be sure to request them from multiple companies to get a full picture of the competition. When comparing quotes, take into account the total price of the policy as well as any upfront payments or deductibles that may be involved. Additionally, be sure to check if the quote includes any additional services like rental car coverage and roadside assistance, as these can significantly reduce your overall costs.
While most providers offer comparable extended warranty plans, the prices and features can vary greatly between providers. Some of these differences can be significant, so it is important to shop around for the best pricing. Some providers also have different payment structures, allowing you to pay up front or include the plan in your auto financing.
Founded in 2005, CarShield has protected over 1 million cars and earned the top spot in our review for best extended warranty provider. Their bumper-to-bumper warranty provides comprehensive coverage, covering a broad range of parts and systems. They also offer a basic powertrain warranty for those looking to limit their expenses and a corrosion warranty for older vehicles that can be expensive to repair. In terms of customer service, CarShield is rated highly by Trustpilot and gets excellent ratings from Google reviews. best car extended warranty