Which Extended Auto Warranty Is The Best - Editorial Note: This content has been researched and produced by an expert research team. Links in this article may result in us earning a commission but do not influence our advice or recommendations. Read more
Best coverage 4.6/5 Cost: Multiple discounts available Coverage: 6 plan options, from routine maintenance to full coverage.
Which Extended Auto Warranty Is The Best
Best monthly payments 4.5/5 Cost: Reasonable month-to-month contracts Coverage: 6 plan options, some lasting up to 300,000 miles Reputation: Most popular warranty provider
Extended Car Warranty: How To Cancel That Contract And Get Money Back
Best for used cars 4.4/5 Cost: No down payment required Coverage: 6 plan options, the highest is similar to the manufacturer's warranty.
Thinking of extending your warranty after your manufacturer's coverage has expired? You may want to consider investing in an extended warranty from one of the best auto warranty companies in the industry. In this guide, we provide a brief overview of auto warranty companies worth considering, focusing on industry reputation, customer service ratings, costs and coverage plans.
Why you can trust At will, we provide car owners with the well-researched and verified information they need to make sound auto warranty decisions. Our team analyzes vendor recommendations and customer insights so you feel empowered to make the best choice.
If you want aftermarket warranty coverage, shopping around for quality options and deciding on the best provider for your needs can be difficult. While reputable extended car warranty companies can provide reasonable coverage at great prices, some extended car warranties are little better than warranty scams, taking customers' money and not providing adequate service.
Should You Buy An Extended Warranty For A Car?
If you know what to look for in a service contract, you have many great options for coverage. We generally consider the following five categories when evaluating the best extended car warranty providers.
Why it matters: Industry status is a good way to check if a company is scam or legitimate. Look for extended warranty companies that have partnered with other trusted companies and regularly receive industry awards.
How to check: One place to start is the Better Business Bureau (BBB). The BBB rates a provider based on how it handles customer complaints, the transparency of its business practices, and any identified licensing or advertising issues. We also recommend researching how long a warranty provider is around and how many states it serves.
Why it's important: If you're going to spend more than $1,000 on an extended warranty, it's important that your vehicle's most important parts and components are covered.
Best Extended Car Auto Warranty For 2020 Review
How to check: All reputable extended car warranty providers will allow potential customers to review sample service contracts to verify what the warranty covers. These agreements indicate exactly what is covered by the warranty. Please read the full list of inclusions and exclusions from the extended car warranty carefully before purchasing it.
Why it's important: If you want your extended warranty to help you save on repair costs, you need to find the best coverage plan at the lowest cost.
How to check: Most extended warranty providers offer easy-to-use online billing tools. In some cases, you may need to call to request a quote. Most providers also offer payment plans, although some may require full upfront payment.
Why it matters: Any provider who tries to hide coverage details should raise eyebrows. Providers need to be upfront about contract information, and it's a bad sign when a provider tries to hide important coverage details from their customers.
Extended Auto Warranty Services
How to check: Companies with a good BBB status and a post-test contract show high transparency. This should be a red flag if you're having trouble finding contract details or even getting a quote from a supplier.
Why it matters: An extended warranty is only as good as the service it provides when it's time to claim. The worst car warranty companies have slow claims processes and routinely look for excuses to deny claims.
How to check: Look at a company's BBB page, which lists customer reviews and complaints. You can also check sites like Trustpilot to see what customers are saying. Remember that even the best extended warranty provider is bound to have its fair share of complaints. However, suppliers with particularly high complaints and few positive comments should be treated with suspicion.
Extended warranties on new and used cars can help you avoid draining your savings account or relying on credit cards to cover repairs. But without checking with the right company, you could be wasting your hard-earned money on an extended warranty that has poor coverage or customer service.
The Best Extended Warranty For Cars Over 100k Miles
With extended car warranties, you can choose a supplier that handles the process in-house so that the customer receives a higher standard of service, as the same team that handles the transaction and sales process also handles your claims. Or you can choose an extended warranty company that uses third-party administrators to handle claims and contract details.
There are a few vehicle service contract providers that directly administer policies, such as industry leaders Endurance, Protect My Car and Infinite Auto Protection.
The following sections look at the best car warranty companies, including direct warranty providers and car warranty brokers.
Each of these providers received high marks for industry status and transparency in our in-depth market research. Here's a closer look:
What Are The Best Car Extended Warranties Available?
Our team surveyed 1,000 consumers who purchased or were considering purchasing an extended warranty. Of those with extended warranties, 65 percent were satisfied with the provider whether or not they used their coverage.
But 7.3 percent were concerned that the warranty didn't cover some repairs, and 5.3 percent thought their company tried to avoid paying for covered repairs.
In the following sections, we provide an in-depth look at the best car warranty companies. In addition to providing the specific information we used to determine the scores, we provide sample examples and areas where each auto warranty company stands.
Founded in 2006 and based in Northbrook, Illinois, Endurance has become one of the largest competitors in the extended warranty market. It is a recognized direct supplier backed by an A-rated AM Best insurance company and has a position on the 2020 Inc. 5000, the most prestigious ranking of the country's fastest growing companies. The show also sponsors Jarett Andretti of Andretti Autosport.
Extended Warranty Definition: What It Is And What It Does
Overall, we rate the provider 4.6 out of 5.0 stars and identify it as having the best coverage in 2023. With extensive coverage, Endurance has affordable prices and strong customer reviews.
The extended warranty company has a 'Good' 3.9 star rating on Trustpilot based on over 6,000 Health Guarantee customer reviews. It has a 3.6-star customer rating on BBB based on over 1,800 reviews. BBB itself currently has no rating for Endurance.
Endurance is a direct manager of warranty plans, so there is no middleman when you submit a claim. You will always deal directly with Endurance, which can simplify the application process. That's one of the reasons we believe Endurance is one of the best extended car warranty companies out there.
According to the quotes we received, Endurance's plans range from $107 to $163 per month, which is in line with the industry average. What you pay depends on the type of coverage you want, your deductible and your vehicle.
Used Car Warranties: 5 Things To Know
Endurance offers several options when it comes to warranty plans, providing six levels of coverage ranging from basic power warranty coverage to factory level coverage.
However, the length of the term is not specified for each level. That said, we were able to find out that coverage is offered up to 8 years / 200,000+ miles.
With six levels of protection, you can choose the coverage that best suits your needs and budget. Let's take a look at the different levels and what each car warranty plan covers:
Endurance's most comprehensive selection of coverage, this plan covers your vehicle with bumper-to-bumper coverage. This exclusion warranty covers most mechanical and electrical car parts, in addition to a short list of exclusions.
Extended Car Warranty: Is It Worth It?
The component warranty listed here covers hundreds of specified components, including engine, transmission, steering, air conditioning and fuel system components.
This plan offers mid-level coverage in terms of driver, electrical and brake protection. It has the shortest waiting period of the group at 30 days and 1,000 miles (including the Premier Select plan below).
This is Endurance's most stripped down option, covering only the most important components of your car - the engine, drivetrain and transmission.
This plan is aimed at long-haul vehicles and covers mostly the core components of the powertrain (engine, transmission, and drive/shaft), air conditioning, and select electrical parts.
Ford Extended Warranty Review
There are three sub-levels of EnduranceAdvantage coverage to choose from, all of which cover certain mechanical breakdowns as well as routine maintenance services such as oil changes.
Endurance now offers a Highline supplement to its Supreme plan to include a variety of luxury models from BMW and Land Rover to Maserati and Porsche.
Every Endurance plan comes with trip interruption coverage, rental car return, towing and 24/7 roadside assistance ($30 per day and $150 per incident).
Resist is good for drivers who want a quick and easy claim process. Customers can claim through an online portal
Best Extended Car Warranty For May 2023
What is the best auto extended warranty company, the best extended warranty, which extended warranty to buy, the best extended auto warranty companies, the best extended auto warranty, extended auto warranty insurance, which extended car warranty is the best, best extended auto warranty, the best extended car warranty, who has the best extended auto warranty, cheap auto extended warranty, what is the best auto extended warranty