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Auto Warranties Offer Protection against Life’s Road Bumps

A broken transmission makes a car inoperable and is very expensive to repair. So long as the car is under an auto warranty, the problem will be fixed for zero or minimal charge to its owner. Car manufacturers offer an array of warranties. They all cover basically the same problems, but their time and mileage coverage differs. Extended warranty coverage is available online and covers repair costs on cars whose manufacturer warranty has expired. Auto warranties are great protection policies that keep drivers from going broke every time their car breaks down.

What Is An Auto Warranty?

An auto warranty covers repair costs for equipment failure. There are many different varieties of auto insurance that cover a car for varying lengths of time or miles driven. Most new cars come with an auto warranty.

Toyota offers a limited warranty that covers all components aside from normal wear and tear for 36 months or 36,000 miles. Powertrain components like the engine, transmission, seatbelts, and airbags are covered for 60 months or 60,000 miles.

Kia’s basic auto warranty is good for 5 years or 60,000 miles and covers everything apart from wear and tear damage. Their drivetrain warranty lasts for 10 years or 100,000 miles and covers all serious electrical equipment.

Ford Motors covers basic, non wear-and-tear vehicle problems for 3 years or 36,000 miles. Their drivetrain warranty lasts for 5 years or 60,000 miles.

What Happens When a Manufacturer’s Warranty Expires?

When a manufacturer’s warranty expires, a car owner can be left accountable for expensive car repairs. They may choose to purchase extended warranty coverage, which is car repair insurance.

Extended warranties are sold online through various companies. Dependable Auto Warranty Service sells a Toyota Extended Warranty that extends the limited warranty’s protection up to 100,000 miles. Their warranties are insured and the vehicle can be brought to many licensed repair agencies, including the dealership from which it was purchased.

There are many valid auto warranty companies online, but consumers must be on the lookout for frauds. A recent auto warranty robot call scam rocked the country and was featured on CNN.

What Should Consumers Know When Buying An Auto Warranty?

Before signing a contract, a consumer must carefully read the terms and conditions. They should have thoroughly researched the company and looked into warranty extension service’s customer reviews online.

It’s important to find out where car repairs can be done through the insurance policy and how claims are submitted. Some warranty companies require car owners to pay for services and then reimburse them, while other companies pay repair shops themselves.

Some auto warranty companies make car owners pay deductibles on their repairs, so it’s important to find out how much it is and whether it’s charged per visit or per repair.

Some warranties cannot be canceled, while others allow 30-60 days of service where the car owner can get a money back refund. Also, some warranties are transferable when someone sells their car while others are not.

An auto warranty is an invaluable tool for a car owner, protecting them from huge out-of-pocket expenses should their vehicle have a problem. It is a wise investment. That said, not all extended auto warranty companies are created equal. A car owner must carefully research and compare to find the one that works best for him. No matter which company he or she chooses, they have a certified mechanic thoroughly check out their car and put into writing its condition. This protects them from a company that might refuse to pay for what they claim to be a preexisting condition.

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