Extended Car Warranty
Continental Extended Car Warranty
An extended warranty for cars, also called a vehicle protection plan or vehicle service contract foots the bill for mechanical breakdowns after your factory warranty runs out. As opposed to paying a costly repair bill, you’re only responsible for a deductible and a one-time or monthly payment.
Some car manufacturers offer extended car service warranties together with the factory warranties they include with brand-new vehicles. However third-party providers have a tendency to provide more coverage options and more flexibility in where you can have your vehicle serviced.
Types Of Extended Car Warranties
While you’ll find a range of coverage choices as you shop for a service provider, there are basically three primary kinds of extended car warranties. The majority of vehicle service contracts fall under one of the following categories:
Bumper-to-bumper warranty: The most extensive option offered by auto warranty companies, bumper-to-bumper coverage is likewise called “exclusionary coverage.” This is due to the fact that these warranties come with a short list of components that they do not cover, instead of a list of what they do cover. Continental Extended Car Warranty
Stated-component warranty: Most auto warranties fall into the classification of stated-component coverage. These contracts list the components that the plan covers, while anything not stated isn’t covered.
Powertrain warranty: The most basic warranty plan most companies offer covers just your car’s most critical components.
What Are The Cost Factors?
Here are some of the variables that can impact the cost of an extended car warranty:
Vehicle condition: What condition your car is in, consisting of the mileage on the odometer and any type of existing problems it may have will certainly affect how much you pay for an extended warranty. Because higher-mileage vehicles and with existing issues are most likely to experience troubles, you’ll have to pay more for coverage.
Vehicle make and model: Some cars and trucks simply cost more to repair than others, so you can bet that those vehicles will certainly cost more to cover. Vehicles that are known to experience problems at a high rate will likewise come with a higher warranty cost.
Level of coverage: As you would certainly expect, the higher your level of protection, the more you’ll have to pay for that coverage. If you wish to find the most affordable plan, stick to powertrain coverage plans.
Deductible amount: Warranty providers often let you pick the deductible you pay at the service center. While you can get a lower rate with a higher deductible, you’ll also have to pay more out of pocket if, and when, you do need vehicle repairs.
Our Team’s Factors Considered
Our expert evaluation team takes satisfaction in giving accurate and objective information. We determined the following ranking categories based upon customer survey data and performed extensive research to develop rankings of the best extended vehicle warranty providers.
Affordability: A variety of variables influence cost, so it can be tough to compare quotes between providers. Our team performs continuous secret shopper analyses for various vehicles, mileages, warranty plans, and locations to give this rating.
Coverage: Due to the fact that each consumer has distinct needs, it’s crucial that a car warranty company provides a variety of protection options. We take into consideration the number of plans provided by each service provider, term limits, exclusions, and additional benefits.
Industry Standing: Our team takes into consideration Better Business Bureau (BBB) ratings, availability, and years in business when providing this rating.
Customer Service: Credible extended car warranty companies operate with a certain degree of care for customers. We take into consideration customer reviews, BBB complaints, and the responsiveness of the customer service team.
With all these points taken into consideration, our team has come up with a front runner, Chaiz.
Chaiz is on a mission to transform the extended car warranty industry, and has become the very first marketplace for vehicle service contracts. Chaiz enables everyone to find vehicle protection that fits their need and budget at their own pace. Chaiz stays independent and will guarantee that service providers are vetted and claim processes are dealt with professionally. They believe that their role has to be greater than simply a marketplace but to allow all parties involved to evolve into a digital-first experience from A-Z with the customer truly at the heart of the experience. Continental Extended Car Warranty
Digital first essentially means they will never call you or push you to a sale. Do your own research, find the right plan and purchase it 100% online.
Our team found that if you buy a plan through Chaiz you save on average 60%!