Many or all of the companies featured here provide compensation to us. This is how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below. Advertiser Disclosure

Many of the companies featured on the site provide compensation to us. This may influence how & where they appear. Advertiser Disclosure

Having a comprehensive warranty enables you to protect your vehicle as cars evolve with sophisticated technology. Here’s a look at the top extended car warranty companies for 2023, their strengths, weaknesses, coverage options, and ratings. In this way, you can choose the vehicle protection company that is right for you.

Endurance Car Warranty Review

Endurance is a highly rated extended car warranty provider, earning a 4.6 out of 5.0 stars in a comprehensive review by Motor1.com. The company stands out for its six flexible coverage plans that range from basic powertrain protection to all-inclusive bumper-to-bumper coverage. These plans come with added perks such as a free year of Endurance Elite benefits, which include tire replacement and key fob replacement.

In terms of reputation, Endurance has received positive customer reviews and industry recognition, including being named one of Chicago’s 50 fastest-growing companies in 2022. The company is one of the few direct-to-customer providers, handling all claims in-house, which tends to make the claims process smoother. However, some customer reviews do point out specific issues with the claims process and coverage exclusions.

Cost-wise, an Endurance warranty typically ranges from $70 to $125 per month, with a $100 deductible. The total cost can vary, but prices are generally considered affordable, especially given the range of coverage options and extra benefits. For those interested in extended car warranties, Endurance appears to be a strong choice, backed by years of industry experience and positive customer reviews.

Best Extended Warranty for Cars in 2023 1

CarShield Car Warranty Review

CarShield is an extended car warranty service with various coverage plans, including six types of warranty service plans. One of these is specifically designed for motorcycles and ATVs. They are recognized for having the “Best Monthly Payments” in the industry and have an overall rating of 4.5 out of 5 stars. The company offers coverage for high-mileage vehicles, up to 300,000 miles, and accepts cars that are up to 20 years old. However, it should be noted that CarShield acts as a broker for vehicle service contracts, meaning the actual administration is handled by another company, such as American Auto Shield.

Customer reviews for CarShield are generally positive, with more than 65 percent of the reviews on Trustpilot rating the company 5.0 stars. However, there are negative reviews and complaints, mainly from customers who were surprised when certain repairs were not covered. This warrants a close inspection of the coverage details before signing any contract. Also, there is a standard waiting period of 20 days and 500 miles before the coverage takes effect.

Best Extended Warranty for Cars in 2023 2

CARCHEX

Unlike some warranty providers, CARCHEX doesn’t offer its own warranty plans but collaborates with multiple third-party warranty providers. These warranties primarily cover the cost of repairs stemming from mechanical failures or malfunctions in a vehicle, although they do not extend coverage to damages incurred in collisions.

CARCHEX provides a range of coverage options tailored to the specific needs of customers. These options include comprehensive bumper-to-bumper warranties, shorter-term stated-component warranties, and more affordable basic coverage plans. Each of these warranty plans can span anywhere from 5 to 10 years, allowing consumers to choose the duration that best suits their preferences and requirements.

CARCHEX stands out for its willingness to offer coverage for vehicles with up to 250,000 miles, making it appealing for high-mileage vehicle owners who often face limited warranty options. Beyond mechanical coverage, CARCHEX provides additional benefits like towing, vehicle lockout services, rental car coverage, roadside assistance, and emergency fuel delivery. Customers can also opt for coverage for items such as key fobs and luxury electronics, but it’s crucial to note that certain components like modified parts, regular maintenance items, and consumables are typically not covered by their warranties.

Best Extended Warranty for Cars in 2023 3

Olive

Olive’s coverage is available for cars registered in the United States, with options to customize plans based on individual needs. Unlike some competitors, Olive does not impose a waiting period or require vehicle inspections. The company offers a range of plans with different deductibles, allowing customers to choose what suits them best, and the chosen rate remains locked in for a three-year term.

The company’s pricing varies based on factors such as the vehicle’s year, make model, mileage, and location. On average, Olive’s plans range from $25 to $80 per month. Customers can easily obtain quotes and purchase plans online, 24/7, or through coverage advocates over the phone.

Best Extended Warranty for Cars in 2023 4

Omega Auto Care

Omega Auto Care is a company that offers extended auto warranties, providing coverage that continues after factory warranties expire. Their offerings include various coverage options with additional benefits such as roadside assistance, rental car reimbursement, road hazard coverage, and trip interruption insurance. Omega Auto Care caters to vehicles up to 15 years old with fewer than 250,000 miles, making it suitable for a wide range of cars.

The company offers five different plans, ranging from Powertrain to Exclusionary coverage, each with its own set of features and protections. However, one drawback is the absence of an online quote process; interested customers must call the company for pricing information. Omega Auto Care’s pricing is competitive, with down payments as low as $50, making it accessible to those on a budget.

Best Extended Warranty for Cars in 2023 5

Toco Warranty

Toco Warranty is a vehicle service contract provider that offers comprehensive coverage for automotive repairs. They offer one contract with four levels of coverage, determined by the mileage on your vehicle’s odometer at the time of a claim. The company allows for monthly payments instead of upfront or down payments. Toco Warranty also provides additional benefits such as roadside assistance, car rental assistance, and a full concierge service.

The four levels of coverage are named Orange, Yellow, Blue, and Green, each catering to vehicles with varying mileage. Orange offers exclusionary coverage for vehicles with less than 100,000 miles, while Yellow provides listed parts coverage for vehicles with less than 150,000 miles. Blue covers the powertrain and basic systems for cars with less than 200,000 miles, and Green is the most basic level but covers the engine, transmission, and more, up to 250,000 miles.

In addition to coverage, Toco Warranty offers benefits like 24/7 roadside assistance, trip interruption coverage, rental car benefits, and hotel/motel discounts.

Best Extended Warranty for Cars in 2023 6

Concord Auto Protect

Concord Auto Protect is a company that offers extended auto warranties, also known as vehicle service contracts. They provide three protection plans: Powertrain, Advanced, and Premium, each catering to different coverage needs. Customers have the flexibility to choose from a wide selection of dealers or mechanics for repairs. One notable feature is their money-back guarantee, which allows customers to receive a full refund if they are dissatisfied within the first 30 days of coverage.

The company’s coverage plans include 24/7 roadside assistance, towing, trip interruption insurance, locksmith service, dead battery service, and rental car reimbursement. These plans typically last for three to five years, which is a standard length for extended auto warranties. A significant advantage of Concord Auto Protect is that its plans are transferable, allowing coverage to be maintained under the new owner if the vehicle is sold. While the website does not list specific pricing, customers can request a free quote online or over the phone to get precise cost details.

Best Extended Warranty for Cars in 2023 7

American Dream Auto Protect

American Dream Auto Protect is an auto warranty company offering three levels of vehicle service contracts for both new and used vehicles, primarily those manufactured in 2000 or later. Customers have the flexibility to customize their policies to avoid paying for coverage they don’t need. The company boasts a network of over 50,000 ASE-certified mechanics and provides 24/7 customer service support.

While American Dream Auto Protect offers comprehensive coverage, it doesn’t disclose pricing on its website, necessitating customers to request a quote online. This lack of upfront pricing information may be inconvenient for those comparing warranty options.

Coverage limits vary, with the maximum payout for a single repair determined by the current trade-in value of the vehicle and the total payout for all repairs being either the purchase price or trade-in value at the time of plan acquisition, whichever is lower. Although the company allows customers to choose their own mechanic from its network, contract terms may vary, so careful review is essential.

Best Extended Warranty for Cars in 2023 8

Protect My Car

Protect My Car is a vehicle service contract provider that offers various coverage plans to cater to different needs and budgets. They aim to provide hassle-free claims processing and prioritize customer satisfaction. The company offers three main coverage plans: Supreme, Select, and Driveline, depending on the vehicle’s mileage. These plans include 24/7 roadside assistance, free oil changes, and tire rotations.

Protect My Car also provides flexible payment options and a 30-day money-back guarantee for added peace of mind. However, it’s important to note that their coverage is not available in Alaska, California, Hawaii, Missouri, Oklahoma, or Washington.

Best Extended Warranty for Cars in 2023 9

ForeverCar

ForeverCar offers four coverage options: Silver, Gold, Platinum, and Platinum Plus, which cater to various car owners’ needs. However, it may require users to provide their contact information to access detailed plan information on its website. ForeverCar’s plans are highly customizable, allowing car owners to choose deductible amounts and waiting period options.

The cost of an extended auto warranty from ForeverCar depends on factors like the make, model, year, and mileage of the vehicle. Customers can select from deductible options ranging from $0 to $500. The company offers a 30-day money-back guarantee if no claims have been made on the plan. ForeverCar also provides information about the coverage it offers, including waiting period options, repair network requirements, and additional benefits like rental reimbursement and roadside assistance.

Best Extended Warranty for Cars in 2023 10

Delta Auto Protect

Delta Auto Protect’s pricing is described as affordable, roughly averaging 2 cents per mile, but it varies depending on the vehicle’s make, model, year, and mileage. They offer price matching, where they match competitors’ lower prices. However, the quote process has a drawback as quotes can expire quickly, often within a few hours.

The company offers three levels of warranty coverage: Diamond, Diamond Plus, and Diamond Premier, with each plan offering varying degrees of coverage. Delta Auto Protect provides coverage for up to eight years and can include vehicles up to 20 years old, but it does not cover vehicles with over 140,000 miles.

Best Extended Warranty for Cars in 2023 11

AA Auto Protection

AA Auto Protection is a car warranty broker that offers a range of vehicle service contracts, including powertrain, stated component, and bumper-to-bumper coverage. They claim to work with various plan administrators to find the best coverage options for customers. The company boasts a simple quote process and a 30-day money-back guarantee. While their prices are described as average, they offer a price-match guarantee.

AA Auto Protection provides several benefits with their warranties, such as the freedom to choose any dealership or licensed mechanic for repairs, 24-hour roadside assistance, and rental car reimbursement, albeit at a somewhat limited rate. Their pricing is calculated at approximately 5 cents per mile of coverage, which is reasonable but not the most competitive in the market.

Best Extended Warranty for Cars in 2023 12

Diamond Warranty Corp

Diamond Warranty Corp collaborates with various dealerships across the United States to offer a range of warranty options. These options cater to different needs and include coverage for powertrain, enhanced, exclusionary, certified pre-owned, and more.

One notable feature of their coverage is 24/7 roadside assistance. However, it’s important to carefully review the service contract to understand what is covered, as some dealerships may misrepresent the extent of coverage.

The cost of Diamond Warranty’s coverage varies based on factors such as your vehicle’s make, age, mileage, coverage amount, and deductible choice. Dealerships often mark up Diamond Warranty’s base prices, so it’s advisable to consult your car dealer for precise pricing information.

Best Extended Warranty for Cars in 2023 13

Zurich Vehicle Service Contract

Zurich’s service contracts are available in the United States and Canada but are only offered at select dealerships. The coverage includes repairs conducted at ASE-certified facilities or the dealership where the contract was originally purchased.

After diagnosis, repair facilities can file claims with Zurich, and once authorized, Zurich pays the repair costs directly. The plans also offer additional benefits such as emergency roadside assistance, rental car reimbursement, and trip interruption coverage.

Prices for these contracts are not listed on Zurich’s website and may vary based on factors like the local dealership and vehicle details. Zurich representatives at authorized dealerships can provide accurate pricing information.

Best Extended Warranty for Cars in 2023 14

Empire Auto Protect

Empire Auto Protect provides coverage for various components, parts, and labor, including 24/7 emergency roadside assistance. One notable feature is that their plans are available for all makes and models of vehicles, regardless of age and mileage. They work with a network of repair shops and dealerships across the United States, making their services widely accessible.

To obtain a quote from Empire Auto Protect, customers can do so either online or by contacting a representative over the phone. The quote process involves providing details about the vehicle, such as its year, make, model, and mileage.

It’s important to note that there is a 30-day waiting period before coverage takes effect, during which customers can request a refund if they choose to cancel.

Best Extended Warranty for Cars in 2023 15

1800Warranty.com

1800Warranty.com is a company that offers vehicle service contracts to customers seeking coverage after their factory auto warranties expire. These contracts are offered on a month-to-month basis, allowing customers to cancel at any time without a long-term commitment. The coverage is available for cars with a model year of at least 2000 and mileage up to 200,000, and it includes benefits such as emergency roadside assistance, rental car reimbursement, and ID theft protection.

The cost of the service contract varies based on factors like the car’s make, model, year, mileage, chosen coverage level, and deductible amount. Deductible options include $0, $100, and $250, although not all options are available for all plans.

Coverage starts after a 30-day waiting period, but immediate coverage can be obtained with a vehicle inspection.

Best Extended Warranty for Cars in 2023 16

Phoenix Extended Care

Phoenix American offers three main coverage plans: Phoenix Extended Care for new and used vehicles, VALUEguard+ for high-mileage cars with three coverage level options, and VALUEcare+ designed for used vehicles with high mileage.

The company tailors plans according to the dealer’s specific needs and requirements, offering different deductible options and benefits like 24/7 roadside assistance, towing coverage, trip interruption coverage, and rental car coverage.

While specific pricing details are not disclosed on their website, Phoenix American provides various coverage packages, with deductibles ranging from $0 to $200, depending on the chosen plan and vehicle specifications.

Best Extended Warranty for Cars in 2023 17

First Extended Service Corporation

First Extended Service Corporation offers a range of auto warranty plans with varying coverage options, including basic powertrain coverage to comprehensive plans. These warranties can extend up to 12 years or 200,000 miles and are available in all 50 U.S. states and Canada.

One notable feature is that these warranties are transferable, which can be a selling point for potential buyers if you decide to sell your vehicle.

While the company’s coverage seems comprehensive, there are some caveats. To maintain coverage, routine maintenance as outlined in the contract, including tasks like oil changes, must be performed.

Best Extended Warranty for Cars in 2023 18

Premier Auto Protect

Premier Auto Protect offers four different plan levels, each of which includes a 30-day money-back guarantee and 24/7 roadside assistance. One notable feature is that customers can select any ASE-certified technician for repairs and even transfer their contract if they sell their vehicle.

Premier Auto Protect also offers rental car coverage during repairs, adding to the convenience of their service.

Premier Auto Protect is a direct provider of service contracts, meaning they both sell and administer the plans. This direct approach allows them to provide comprehensive support to their customers around the clock, throughout the year. They offer preferred pricing to members of certain organizations, such as AAA and AARP.

Best Extended Warranty for Cars in 2023 19

Preferred Warranties Inc.

Preferred Warranties Inc. specializes in selling extended auto warranties through authorized dealerships.

It also offers various warranty plans for both cars and powersport vehicles, although specific plan details and pricing are not readily available on their website.

The benefits offered by Preferred Warranties Inc. include 24/7 roadside assistance for most plans, covering services such as mechanical help, towing, and battery service. However, some plan details, including rental car reimbursement, are not disclosed on the website.

Best Extended Warranty for Cars in 2023 20

Fidelity Warranty Services

Fidelity Warranty Services is a company offering vehicle protection plans through approximately 3,800 dealerships across the United States. These plans cover a range of vehicle service contracts and additional options like tire and wheel protection plans.

One notable feature is the ability to roll the cost of a Fidelity contract into the total price of a car and pay it off monthly. Fidelity’s plans are widely accepted at over 6,000 service centers nationwide, offering coverage for costly repairs, mechanical breakdowns, maintenance, towing, roadside assistance, trip interruption, and fluid replacement.

While Fidelity offers specialized coverage options and operates in both the U.S. and Canada, it’s important to note that their services are only available at select dealerships, and certain exclusions may apply.

Best Extended Warranty for Cars in 2023 21

American Auto Shield

The company has been in operation since 2002 and specializes in providing coverage for a range of vehicles, including cars, ATVs, motorcycles, and off-road motorcycles.

They are known for offering coverage to vehicles up to 25 years old and with mileage limits of up to 250,000 miles, which is relatively generous compared to many competitors in the extended warranty industry.

They offer a wide range of plans, from comprehensive options like the Diamond plan to more moderate coverage plans such as the Bronze plan and Tech Plus plan for electronics. Additionally, the company provides mechanical breakdown insurance, which is designed to mimic the function of an extended auto warranty.

Best Extended Warranty for Cars in 2023 22

AUL Corp

AUL Corp is a company that offers vehicle service contracts designed to assist drivers with the expenses of unexpected vehicle repairs. Their service contracts become effective immediately upon purchase, and they claim to provide same-day payment for claims.

AUL Corp extends warranties for a broad range of vehicles, regardless of their year or mileage. They provide various coverage options, including plans for new and used cars, with several deductible choices.

AUL Corp also emphasizes its roadside assistance benefits, covering services like fuel delivery, lockout assistance, towing, jump-starts, and tire changes. When it comes to repairs, you typically need to take your vehicle back to the selling dealer for diagnosis and contact AUL Corp for claims.

Best Extended Warranty for Cars in 2023 23

How Do Extended Car Warranties Work?

A car warranty is a contract between you and the warranty provider — the manufacturer or a third party — that states the provider will help cover the cost of repairs following a breakdown.

  • Coverage Scope: Extended car warranties help pay for repairs or replacements for parts failure, but they do not cover damage caused by accidents or misuse. The key word is breakdown, and it’s important to distinguish between warranty coverage and other types of damage.
  • Duration and Mileage Limits: Car warranties typically have deductibles ranging from $0 to $200 and always expire after a certain time or mileage. You’ll see car warranties written out as “three years/36,000 miles,” which means it expires after three years or 36,000 miles, whichever comes first.
  • Transition to Extended Warranties: After your factory car warranty expires you can buy an extended car warranty, commonly referred to as a vehicle service contract. A typical extended warranty term is 10 years/100,000 miles, but it’s essential to understand how this extends your coverage.

What Does an Extended Car Warranty Cover?

Generally speaking, car warranties only cover manufacturer defects. In other words, they only cover parts that fail entirely on their own during normal, everyday driving. Car warranties do not cover failures due to damage, bad weather, abuse or lack of maintenance.

Examples of Coverage

  • If your car’s infotainment system stops working for no apparent reason, it’s likely covered under warranty.
  • Damage caused by personal accidents, like spilling coffee, is not covered under an extended warranty.
  • The purpose of a warranty is to protect against factory defects, not personal damage.

Variations in Coverage

In terms of which parts are covered, not all car warranties are built the same. Some cover a few dozen parts, while some cover 5,000-plus parts. It mostly depends on whether the warranty is inclusionary or exclusionary.

  • Inclusionary warranties cover only the parts listed in the warranty.
  • Exclusionary warranties cover all parts except the ones listed in the warranty.

Types of Extended Car Warranties

Depending on your car’s age and mileage, you should have a variety of extended car warranty plans to choose from. Keep in mind that the most comprehensive warranties are typically reserved for cars with less than 100,000 miles on the odometer.

Categories of Extended Warranties

  • Exclusionary warranties (Bumper-to-bumper)
  • Midtier stated-component warranties (Gold)
  • Powertrain warranties
  • Drivetrain warranties
  • Wrap warranties

Manufacturer Warranties

  • New cars come with a manufacturer or factory warranty that is backed by the car maker.
  • The minimum duration of a factory warranty is three years or 36,000 miles.
  • Factory warranties can be transferred to new owners.

Check Your Factory Warranty

Even if you purchased a used vehicle, it may still be under the factory warranty. To find out about your vehicle’s factory warranty, check out our car warranty check by VIN.

What Extended Car Warranties Won’t Cover

We’ve touched on what car warranties don’t cover, but let’s fully break that down to prevent any misunderstandings or false expectations. Car warranties — factory or extended — typically will not cover:

Exclusions and Limitations

  • Damage, negligence, or abuse
  • Preexisting conditions
  • Routine maintenance
  • Cosmetics
  • Regular wear and tear
  • Off-road or racetrack use
  • Aftermarket parts

Importance of Documentation

  • Breakdowns or part failures may not be covered if they cannot be proven to have occurred during the warranty period.
  • It is strongly recommended to get a dealer inspection report along with the warranty purchase.

Extended Car Warranty Costs

  • An extended car warranty usually costs approximately $2,500.
  • The warranty company may require a lump-sum payment or offer a financing plan.
  • A growing popular option is a month-to-month payment plan, which allows for cancellation at any time.

Factors Affecting Costs

Costs can vary based on several factors, these include:

  • Vehicle’s make and model
  • Expected reliability of the vehicle
  • Mileage of the vehicle
  • Level of coverage in the insurance policy
  • The deductible amount in the policy
  • Driving habits of the policy

Is an Extended Car Warranty Worth It?

While an extended warranty may sound like a great investment on paper, it’s important to consider whether it’s worth it for your specific situation. Here are some factors to consider:

Conditions for Consideration

  • Your vehicle’s reliability
  • Cost versus expected repair expenses
  • Peace of mind
  • Historical vehicle reliability

Unless you meet specific conditions, you may save money by paying for repairs out of pocket instead of investing in a warranty.

What Reviewers Say About Extended Car Warranties

Consumer Experiences

While many reviewers express satisfaction with their extended warranties, some have encountered issues with understanding coverage limitations or experiencing communication problems with their providers.

In short, your experience may vary, but following certain steps can help improve your satisfaction with an extended warranty purchase.

How to Find the Right Extended Car Warranty

Finding the right extended warranty takes time and research. Don’t rush into a decision; instead, follow these steps to find the best extended warranty for your car:

Steps for Selection

  • Consider the amount of coverage you need
  • Compare reviews
  • Look for perks
  • Read the fine print
  • Consider the cancellation and refund policy

Vehicle Service Contracts vs. Manufacturer Warranties vs. Car Repair Insurance

Understanding the differences between vehicle service contracts, manufacturer warranties, and car repair insurance is crucial when shopping for warranty coverage.

Types of Coverage

  • Vehicle service contracts
  • Manufacturer warranties
  • Car repair insurance (MBI)

How to Avoid Car Warranty Scams

Car warranty scams are common but avoidable. Here’s how to stay safe:

Scam Avoidance Tips

  • Never purchase from unsolicited callers
  • Buy directly from the company
  • Report scams to authorities

Best Extended Warranty for Cars FAQs

What is an extended car warranty?

An extended car warranty is a service contract that covers the costs of certain repairs and problems after the original manufacturer’s warranty expires. It is an additional coverage that can protect against expensive, unexpected repairs.

How does an extended car warranty work?

An extended car warranty kicks in after the manufacturer’s warranty ends. It covers specified mechanical breakdowns, including the cost of parts and labor. Depending on the plan, it may also cover additional services like roadside assistance.

When can I buy an extended car warranty?

Extended warranties can be purchased at any time. However, it’s generally more cost-effective to buy one right before the manufacturer’s warranty expires. Some companies may not offer extended warranties for older, high-mileage cars.

What does an extended car warranty cover?

Coverage varies greatly depending on the provider and the selected plan. Some extended warranties only cover major powertrain components like the engine and transmission, while others cover almost every aspect of the vehicle. Always read the terms and conditions carefully to understand what is covered.

How are claims handled with an extended car warranty?

When a covered issue occurs, the car owner files a claim with the warranty provider. The provider may require an inspection by a certified mechanic or dealership. If approved, the provider will cover the cost of repairs minus any applicable deductibles.

Are extended car warranties worth it?

This depends on several factors including the reliability of your vehicle, how long you plan to keep it, and your financial situation. If your car is prone to mechanical issues and you cannot afford unexpected repair costs, an extended warranty might be worth considering.

Can I transfer my extended car warranty if I sell my car?

Many extended car warranties are transferable, which can increase the resale value of the vehicle. However, transfer policies can vary by provider, so it’s important to check the specific terms and conditions.

How much does an extended car warranty cost?

The cost of an extended car warranty depends on various factors such as the make and model of the car, the coverage level, and the length of the contract. On average, they can range from $350 to $750 per year.

Can I cancel my extended car warranty?

Yes, most providers allow you to cancel your extended car warranty for a full or prorated refund within a certain period. Always check the contract’s cancellation policy.

Are there any limitations or exclusions with an extended car warranty?

Yes, every extended car warranty has limitations and exclusions. These may include specific parts not covered, maintenance requirements to keep the warranty valid, and circumstances where coverage would be voided (such as damage due to accidents or misuse of the car). These will be detailed in the contract.

Glossary

  1. Extended Car Warranty: This is a service contract that covers the costs of specific repairs and problems after the factory warranty expires.
  2. Factory Warranty: A warranty provided by the car manufacturer, covering certain repairs and issues for a specified period of time or mileage.
  3. Deductible: The amount of money that the warranty holder is required to pay out of pocket for repairs before the warranty coverage kicks in.
  4. Service Contract: A promise to perform or pay for certain repairs or services. Sometimes referred to as an extended warranty.
  5. Coverage: Refers to what parts and services are included in the warranty.
  6. Exclusions: The specific conditions or components that are not covered under the warranty.
  7. Powertrain Warranty: This type of warranty covers the vehicle’s main power-generating components such as the engine and transmission.
  8. Bumper-to-Bumper Warranty: A comprehensive warranty that covers almost all of a vehicle’s parts and systems.
  9. Wear-and-Tear Coverage: This covers the repair or replacement of parts that break down over time due to normal wear and tear.
  10. Roadside Assistance: A service included in many extended warranties that provides help in case of a breakdown or accident while on the road.
  11. Transferability: The ability to transfer the warranty to a new owner if the vehicle is sold.
  12. Administrator: The company that manages the warranty, handles claims, and pays for repairs.
  13. Claim: A request made by the warranty holder for the warranty provider to cover the cost of a repair.
  14. Pre-existing Condition: A problem or defect that existed in the vehicle before the warranty was purchased.
  15. Maintenance Requirements: The regular maintenance tasks that the warranty holder must perform to keep the warranty valid.
  16. Cancellation Policy: The terms under which a warranty contract can be cancelled, and whether a refund is available.
  17. Reimbursement: The process of receiving money back from the warranty provider for a covered repair.
  18. Underwriting: The process by which a warranty provider assesses the risk of providing a warranty to a specific vehicle.
  19. Vehicle Service Contract (VSC): Another term for an extended car warranty, a VSC covers certain repairs and maintenance for a specific period of time.
  20. Term: The length of time or mileage that the warranty or service contract covers.
  21. Rental Car Coverage: Rental car coverage refers to an insurance policy that covers costs associated with damages or theft of a rented vehicle.
  22. Mechanical breakdown insurance: Mechanical breakdown insurance is a type of insurance policy that covers the cost of certain repairs or replacements needed due to mechanical failures or malfunctions in a vehicle, beyond what is covered by the manufacturer’s warranty.
  23. Extended warranty providers: Companies or organizations that offer additional warranties or service contracts beyond the standard manufacturer’s warranty for products, covering costs of repair or replacement.
  24. Best extended car warranties: These are warranty plans or service contracts that you can purchase to cover the cost of certain repairs or services for your vehicle beyond the expiration of the original manufacturer’s warranty.
  25. Extended car warranty company: An extended car warranty company is a business that provides additional coverage for vehicle repairs and maintenance beyond the original manufacturer’s warranty.
  26. Extended car warranty providers: Companies that offer additional coverage for vehicle repairs and maintenance beyond the original manufacturer’s warranty.
Share.

Greg Boston is a writer with a passion for finance and helping people improve their financial situation. He holds a Bachelor's degree in Finance from the University of Texas and has been working in the finance industry for over a decade. During his career, Greg has gained extensive experience in debt consolidation and management, helping individuals and businesses alike to navigate their way out of debt. He has also developed a keen eye for identifying scams within the financial industry, and has made it his mission to expose them in his writing.

Leave A Reply