While most extended warranty companies have payment terms of up to 24 or 36 months, Protect My Car gives drivers between 36 and 48 months to pay for their warranties. The company also has a relatively low number of complaints. You can find out more about the company and its offerings in our Protect My Car review. CarShield is popular with many drivers because of its low-cost plans and easy shopping experience. As our Best Value pick, CarShield is a good choice if you want to take advantage of its month-to-month contracts.
CarShield has a negative reputation with the BBB for sending aggressive marketing letters. However, it has a reliable claims service reputation, which is the most important consideration when searching for the best extended car warranty company.
CarShield extended vehicle warranty plans can cover up to , miles. This makes CarShield another smart option for drivers with older vehicles. CarShield offers six warranty plans:. CarShield specializes in affordable coverage for almost any driver and vehicle. Many drivers report finding cheaper rates with CarShield than other companies, and our research found that as well. CarShield is the most popular warranty provider on our list, with over 22, reviews on Trustpilot and an overall rating of 4.
CarShield also has a higher number of complaints with the BBB than any other provider we reviewed. You can find out more about the extended car warranty provider in our CarShield review. We recognized autopom! Based in Lake Forest, California, it can cover drivers in the Golden State through mechanical breakdown insurance MBI plans and offers extended warranties to drivers in all 50 states. However, it does require a higher down payment than many other companies.
Customers on the BBB give autopom! If you want to learn more about the company, you can read our in-depth autopom! You can also get extended warranties for new cars, certified pre-owned vehicles, and regular used vehicles. We focused on third-party companies in our review. Third-party vehicle protection plans typically provide more freedom in when you can buy the plan and which repair shops you can visit.
An extended car warranty covers mechanical breakdowns due to defects in materials or workmanship. Car insurance is designed to cover damage in those situations. Extended warranties range from covering the basics powertrain warranty like the engine, transmission, and drive axle to almost any mechanical or electrical component exclusionary warranty.
Extended car warranty plans also typically include benefits such as rental car reimbursement, towing to the nearest repair facility, and trip interruption coverage. If your budget allows you to save money and set it aside for car repairs , you might be fine without an extended warranty. However, you may want to have an extended warranty for the peace of mind it brings knowing a number of expensive repairs will be covered if the need arises.
An extended warranty could pay out significantly more for repairs than the initial cost of the warranty. It often helps drivers avoid paying high repair costs out of pocket, so an extended warranty can be worth it for many drivers.
There are many reputable extended car warranty companies , but we think Endurance has the best extended auto warranty overall. The company offers a wide range of coverage plans that last for many miles. In general, we recommend comparing prices from several extended warranty providers to find the best fit for your car and budget. Bumper-to-bumper coverage can vary by manufacturer and aftermarket warranty company, but most exclude similar items in the fine print.
Yes, you can purchase an extended warranty from third-party providers at any time. However, manufacturers will usually require you to buy an extended warranty before your factory warranty has expired. Most extended car warranty companies allow you to cancel your policy at any time. You will typically receive a prorated refund for the unused portion of your extended automotive warranty.
No, CarShield is not a ripoff or a scam. The third-party warranty provider has been in business for 16 years and is one of the most reputable extended car warranty companies in the nation. No, CarShield is one of the most affordable extended car warranty companies in the industry. The levels of coverage and payment plans you find will vary depending on your local club.
American Auto Shield is a third-party warranty provider that sells vehicle service contracts for cars, motorcycles, and ATVs. The company has negative ratings across consumer websites, including a 2. Our review process aims to deliver consistent and unbiased assessments of extended auto warranty providers.
While there are multiple qualities that make a warranty company successful, our review team focuses on those we believe are the most important for consumers:. We carefully considered the following factors to determine the best extended auto warranty providers: Reputation : Better Business Bureau BBB ratings, longevity, and industry standing Coverage : Variety of plan choices, maximum mileage covered, and perks Price : Total cost, deductible options, and payment terms Customer Experience : Customer ratings from the BBB and Trustpilot, day money-back guarantees, and customer service availability We recommend reaching out for free quotes from top providers to compare your cost and coverage options side by side.
Featured Provider. Best Maintenance Benefits. When searching for reputable extended car warranty companies, you have two options: dealers and third-party providers. Most car dealers and manufacturers offer their own extended warranty options. This comes with ups and downs. Third-party warranties are, in many ways, the reverse of dealer warranties.
For example, most manufacturer extended warranties don't have six levels of coverage like Endurance. You're more likely to find one to three levels of coverage with a dealer. Unfortunately, some providers take their business practices to new lows and are outright scams. Here are a couple of ways to avoid these companies:. The Federal Communications Commission FCC reports that there are a number of car warranty scams in which a car owner will receive a sales call that states their warranty is about to expire.
However, the caller is generally phishing for personal information, so do not provide any sensitive information. If you believe you have been contacted by one of these scammers, you can report it to the FCC. Red flags you should look out for when vetting an extended warranty company are a lack of industry endorsements, major limitations in coverage, and poor ratings on popular review sites.
However, each company offers plans that appeal to different types of vehicle owners, so the final decision comes down to your needs and preferences. We think extended car warranties are worth it for vehicle owners who prefer to have peace of mind when it comes to repair costs.
What are the top-rated extended auto warranty companies in ? Remember, AAA is made up of dozens of regional car clubs across the country. Some locations offer AAA extended warranties , while others do not. The company also offers a variety of plans for used cars. In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers.
Companies receive a score in each of the following categories, as well as an overall weighted score out of 5. Read our guides to other warranty providers:. Updated: Nov 07, at pm ET. By : motor1. Endurance Best Coverage 4. Best Claims Process 4. CarShield Best Value 4. Coverage Level Years of Coverage Who It's For Details Titanium Up to 10 Owners looking for the highest level of auto protection Exclusionary, comprehensive coverage with a short list of exclusions Platinum Up to 10 Owners who want long-term coverage of stated components Covers hundreds of specific components Gold Up to 10 Owners of vehicles over 60, miles Covers most major vehicle systems Silver Up to 7 Owners of high-mileage vehicles Provides essential coverage for many major systems Bronze Up to 6 Those looking for basic coverage Protects against the most common and expensive repairs.
Coverage Level Overview Details Exclusionary The most comprehensive coverage Covers all mechanical and electrical components, unless the component is specifically listed as an exclusion High-Level A cost-effective alternative to an exclusionary plan Includes named components within major systems Mid-Level High-mileage vehicle plan Protects everything included in the lower-tier Powertrain Plus plan, as well as named additional components that are part of the steering, suspension, fuel delivery, cooling, and braking systems Powertrain Plus Powertrain coverage with optional add-ons Covers components essential to the powertrain systems, with the option to add electrical, air conditioning, and fuel systems.
What is the average cost of an extended car warranty? What is an extended warranty on a car? Are extended car warranties worth it? Does AAA offer extended car warranties? What is the best used car warranty company to use? Complete Review: autopom! Extended Warranty Coverage. The warranty provider is rated 4. The warranty company prides itself on its consultative approach to customer service and a low-pressure quotes process, which we like. Of the companies we've reviewed, autopom!
Within just a few minutes of submitting a quote request on autopom! The quote also included the email address and direct phone number to a Coverage Consultant for questions and to complete the warranty purchase. The company also promises never to leave customers to fend for themselves through the claims process, and autopom! The company works with the claims administrator to understand why a claim was denied if you feel you were entitled to coverage.
There are four levels of autopom! Protects virtually all mechanical and electrical components unless the component is specifically listed as not covered. Protects the systems included in the lower-tier Powertrain-Plus plan, as well as named additional components within the steering, suspension, fuel delivery, cooling, and braking systems.
Protects named components for the essential powertrain systems, with the option to add electrical, air conditioning, and fuel systems. For more information on this extended vehicle warranty provider, check out our autopom! Olive warranty is a digitally focused extended warranty provider. The company was founded in , though only recently began focusing efforts on selling its warranty products online.
With Olive, you have access to three plans with varying levels of coverage, ranging from bumper-to-bumper coverage to basic powertrain protection. Covers many vehicle components, including the steering, suspension, and fuel systems, as well as high-tech components. Basic coverage for essential components like the engine, transmission, and drive axle, as well as electrical and cooling components.
With each of the plans, you can get benefits like towing and rental car reimbursement. As for pricing, Olive is cheaper than many other top providers of vehicle service contracts.
Our team reached out for quotes for different vehicles and received extended warranty rates that were consistently lower than other leading companies. Similar to manufacturers' warranties, aftermarket car warranties generally fall under three main types: powertrain, bumper to bumper, and named component.
Read the fine print of your warranty or look at a sample contract to make sure you know what type of service contract your aftermarket car warranty falls under. Some car insurance providers offer mechanical breakdown insurance MBI. This is an add-on that covers mechanical issues similar to an extended auto warranty. However, MBI often requires you to visit a small network of dealerships, and it usually doesn't last as long as plans from the best car warranty providers.
An extended warranty helps protect you by promising to pay for the cost of certain repairs should a mechanical or electrical component break down. Exactly which parts are covered depends on your contract. Typically, there are two types of coverage plan options: exclusionary coverage and named-component coverage.
Within named component coverage, you can find a variety of plan levels. Typically, companies break this section into three or four types like the following:. Extended car warranties only cover components that break down as a result of normal use. Damage that is the result of an accident, misuse, or improper maintenance will not be covered. Certain items are not covered under any circumstance. These typically include non-mechanical parts like bumpers, glass, trim, and upholstery.
Wear and tear items such as tires, brake pads, wiper blades, and shock absorbers are also typically excluded from coverage. After purchasing your contract, most providers require you to go through a waiting period until coverage can be used.
This helps protect the warranty provider from someone purchasing a car warranty right after discovering an issue with their car. Most extended warranties require you to wait 30 days and 1, miles before you can make a claim for car repairs.
Depending on your contract, you may have to use a network of dealerships, or you might be able to use your favorite repair facility. Most plans require you to pay a deductible, and the extended warranty covers the rest of the repair cost. You may never have been in an accident, but you still need car insurance. The reasoning for an extended car warranty follows the same principle. You may not need it right now, but if you ever do, you will be glad the protection was in place.
Instead, they would be required to go into debt to cover the bill. Are you in this group of people? Here are a few of the average prices for expensive car components, according to data from RepairPal. If you had to face one of these repairs today, could you handle it with ease, or would the costly repair cause a good amount of stress? With extended car warranties, you can opt for coverage that provides you with peace of mind. As cars become more complex, there is a higher chance that something could go wrong.
Extended car warranties keep your car covered in the case of a mechanical or technological failure. Based on what type of car you have and how much it costs to own over its lifetime, this could save you money.
Besides protecting your vehicle after the manufacturer's warranty expires, the best extended car warranties provide benefits such as:. We also recommend reading our article on pros and cons of extended car warranties. If something goes wrong with your car, your aftermarket car warranty should be able to get it repaired. Services like roadside assistance and towing can put your mind at ease when you're traveling.
If something goes wrong, you won't be stranded. Right after your manufacturer warranty expires, you may want a protection plan that mimics a factory warranty. As the car gets older, you can save money by switching to a lower-coverage plan.
Additionally, having a vehicle protection plan shows you took care of the car when you owned it. You know how much your warranty coverage costs each month and are prepared for any unexpected repairs. Our team of experts polled 1, consumers who have purchased or considered purchasing extended car warranties. When asked whether they thought an extended car warranty is worth it, Only If you are ready to get the best extended car warranty for your car, we recommend comparing free quotes from some of the industry's top warranty providers.
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