Vehicle Protection & Extended Warranty 101
All new cars come with a standard factory warranty. This is a promise from the carmaker to cover repairs resulting from mechanical failure or subpar manufacturing, ensuring the product meets a set standard for a limited time.
An extended auto warranty helps protect drivers after the factory warranty expires. Also known as a vehicle service contract or vehicle protection plan, an extended car warranty covers mechanical breakdowns, non-wear and tear parts and component failures, and powertrain/engine damage. Essentially, these warranties cover any electrical or mechanical breakdowns your car may experience.Car warranties and vehicle protection plans are not insurance policies. Insurance covers car accidents, theft, and damage from vandalism or nature.
The Benefits of a Car Warranty
Car buyers crave reliability. However, for many shoppers, knowing which cars are trustworthy isn’t enough—they also want protection. Extended warranties are an excellent solution for consumers who buy used cars or want to extend the bumper-to-bumper coverage on a new car.
The primary benefit of an extended warranty is its potential to save you money on costly repairs covered under your policy. Instead of paying the entire bill out of pocket, you'd only be responsible for the deductible, with the warranty provider covering the rest as long as the issue is included in the service contract.
Additionally, having a protection plan can provide peace of mind, alleviating the worry of how to pay for unexpected repairs.
Consult with a Auto Warranty Agent
Buying an auto warranty plan can be challenging. Do you know what coverage you need? Different plans have varying deductibles, repair networks, and other details.
Let an expert help! Complete a simple request, and we'll connect you with auto warranty specialists who can help you find the right plan for your vehicles and save on auto repairs. They will provide an easy way to review multiple plans, comparing monthly fees, deductibles, and features. They can also make personalized recommendations for you.
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