When it comes to protecting your car from expensive repairs, an extended warranty is a great choice. An extended warranty, also known as a service contract, maintenance agreement, or service agreement, is an additional warranty that is offered to car buyers in addition to the standard limited warranty. It covers mechanical breakdowns due to defects in materials or workmanship. When searching for an extended warranty, it's important to get quotes from multiple sources to find the best price.
Additionally, you should evaluate the reliability of your vehicle and your personal financial situation to determine if it's worth buying an extended warranty for your car. Furthermore, you should consider the value of an extended warranty when your vehicle manufacturer's warranty has expired or will expire soon. One of the top extended auto warranty companies is Endurance Advantage. This plan offers one year of free Endurance Elite benefits, plus regular annual maintenance, including engine diagnostic tests, tire rotations, alignment checks and up to three oil and filter changes.
Endurance contracts also include a consequential loss clause, which means that the company will only cover the components contained in the contract and not incidental or consequential damages, such as loss of time or transportation. Another great option is rental reimbursement coverage. This coverage can be obtained through an extended warranty even if you don't have it with your car insurance company. Across the industry, extended warranties for cars purchased separately from the factory warranty cannot be used until 30 days after purchase and until the vehicle has traveled 1000 miles.
When it comes time for repairs, the repair shop will perform a disassembly diagnosis and will contact the car's extended warranty company to inform you of the results. Ultimately, this is the most important factor when looking for the best extended warranty company for cars.