When it comes to protecting your car, an extended auto warranty can be a great option. But with so many companies offering different plans, it can be hard to know which one is the best for you. In this article, we'll take a look at the different types of extended warranties available, what to look for when choosing a provider, and how to get the most out of your extended warranty.
What is an Extended Auto Warranty?An extended auto warranty is a service contract that covers certain repairs and maintenance costs after the manufacturer's warranty has expired. It can help protect you from unexpected repair costs and provide peace of mind when it comes to your car's maintenance.
Depending on the provider, an extended warranty may cover parts, labor, and even consequential damages.
Types of Extended Auto WarrantiesThe two main types of extended auto warranties are Elite plans and Endurance Advantage plans. Elite plans typically don't cover vehicle maintenance costs, while Endurance Advantage plans do. 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. Endurance also offers mechanical protection policies, which are their extended warranty coverage offering.
Where to Buy an Extended Auto WarrantyYou can buy an extended warranty from your car manufacturer or from an outside company, and the price is generally the same between the two.
At WalletHub, we offer incredible extended warranty packages for cars to ensure that the maximum number of people have the opportunity to take full advantage of these services.