Ten
Tips for Simplifying Extended Car Warranties
Buying
an extended car warranty can seem confusing
and difficult. However, with the right
information at hand, you can purchase
an extended warranty that will cover your
vehicle for all those unexpected maintenance
concerns. Here's a look at what you as
a buyer should know about extended car
warranties before signing on the dotted
line.
10.
Review the car
warranty coverage. Drivers
should go over the entire list of what
is covered within the car warranty, making
sure it matches their vehicle's needs
before making any final decision.
9.
Determine where
the warranty contract will be honored.
Most extended car warranties are accepted
by any mechanic or licensed repair facility,
which includes car dealerships. Drivers
should make sure there are plenty of repair
shops in their area that will honor the
extended car warranty.
8.
Compare prices.
When it comes to your car warranty, cheaper
doesn't always mean better. Some warranties
may be more expensive, however, a quality
car warranty that covers maintenance and
repair costs could end up paying for itself
with just one preventative car maintenance
check-up.
7.
Find out what
benefits are included. Many
warranty companies offer additional benefits
in connection with the car warranty. Some
of these benefits may include roadside
assistance, car rental discounts and trip
interruption. Often times these benefits
are included at no additional cost to
the purchaser.
6.
How is the deductible
applied? Some people want their
car warranty to handle all covered costs,
and are willing to pay the higher premium
that goes with it. However, others are
concerned with large unexpected repair
costs and don't mind a smaller deductible
instead. Drivers should carefully consider
the deductible and make sure it suits
their needs.
5.
How are claims
paid? Drivers should always
check to see just how fast, and in what
form, their car warranty provider pays
out claims.
4.
When does coverage
begin? Consumers should buy
a car warranty that begins when the manufacturer's
vehicle warranty expires, ensuring uninterrupted
coverage without additionally costs. Your
car warranty company can confirm when
the extended car warranty coverage begins.
3.
Who provides
the extended coverage? When
choosing an extended car warranty company,
consumers should always pick a company
that is backed by a reputable, A-rated
insurance company. This will guarantee
that claims will always be paid, protecting
the consumer.
2.
Does the provider
offer a review period? Consumers
should ensure that they can cancel their
car warranty within the first 30 days
of the purchase if they are not satisfied
with the plan.
1.
How will the
covered vehicle be used? When
choosing an extended car warranty, the
decision should be based on time, mileage
and the services and components covered
by the car warranty. Drivers that want
to keep their vehicles for long periods
of time despite not driving them long
distances, should choose car warranties
with lower mileage coverage over a longer
period of time. Drivers that will put
a lot of miles on their cars in a short
time period, will want a high-mileage
extended car warranty plan.
Source
— Continental
Warranty |
