Endurance, ForeverCar, Olive, CarShield and CARCHEX are the top providers of extended warranties for cars. Each of these companies offer a variety of plans that provide different levels of coverage and cost. Elite plans typically do not cover vehicle maintenance costs, but Endurance Advantage plans do. This plan offers one year of free Endurance Elite benefits, plus regular annual maintenance such as engine diagnostic tests, tire rotations, alignment checks and up to three oil and filter changes.
When it comes to selecting an extended warranty for cars, it is essential to understand what is covered and what is not. Endurance contracts 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. It is also important to consider the reliability of your vehicle when deciding whether to buy an extended warranty. Endurance offers four plans designed to meet the specific needs of the driver, either to cover a vehicle with up to 150,000 miles or to find the option closest to coverage at the manufacturer level.
It may be even more worth buying an extended warranty for a used car than for a new car. You can purchase an extended warranty at the dealer you visit or from other sources. The main difference between insurance against mechanical breakdowns and an extended warranty is where you buy them. One of the advantages of extended warranties is that you can repair your car in any workshop certified by the ASE. This means that you are much closer to having your car fixed if you find yourself in the middle of nowhere with a breakdown.
If you're not sure if your vehicle has an active manufacturer's warranty or an extended warranty, you can find your vehicle's history in a Carfax report. When buying an extended warranty for cars, there are several factors to consider. Power offers diamond level protection managed by American Auto Shield based in Lakewood, Colorado. CARCHEX provides coverage for cars with up to 250,000 miles. A more comprehensive coverage plan (often called a comprehensive warranty) covers the same components as a powertrain plan, in addition to the car's electrical and cooling systems, high-tech components, the air conditioning system, and more.
An extended warranty could save you a lot of money if an important component, such as the transmission or engine, fails. It is important to do your research when selecting an extended warranty for cars. Make sure you understand what is covered and what is not covered in each plan before making a decision. Consider your vehicle's reliability and mileage when deciding whether or not to purchase an extended warranty. Compare different providers and their plans to find the best option for your needs.