subject: Vehicle Warranty| Better Safe Than Sorry [print this page] A Vehicle Service Contract or an Extended Warranty is a contract between you and a warranty administrator. Many people purchase auto warranties to cover oneself from the high cost of major mechanical breakdowns and/or failure to their car. The type and scope of protection, benefits, and terms of payment are different and vary with each specific warranty. When you buy car warranty is not intended to replace the manufacturer's warranty, but its purpose is to provide the coverage when it ends. One of the main advantages of obtaining a car warranty is to bypass the high price of auto bills. Sometimes extended warranties come with a benefits package which includes road side assistance and rental car reimburse. This is an added bonus to the value that auto warranty policies offer consumers.
Picking a Warranty Policy
Car warranties usually come in 2, 3, 4 and 5 year periods. When looking to buy auto coverage, as when getting anything purchase, you will have to compare warranties to make positive your getting the best price and terms available. Vehicle Warranties are not all alike. A few car warranties, which are also referred to as vehicle service contracts, sold by automobile dealerships require that you to have your car repairs done by the dealer. What happens if this company goes out of business? Who's going to fix your car? It's your fault if you buy the wrong coverage plan. Make sure the insurance company you choose is reliable. Don't judge warranty plans on price alone. You get what you pay for. Cheap insurance plans have a reputation for rejecting warranty claims and poor service. Some even require you to pay the repair shop first before reimbursing you. It is better to have a warranty in which the company will pay the repair shop directly.
Getting Your Vehicle Inspected
When you purchase an extended auto warranty , there are some brokers who want to inspect your car first to make sure the vehicle does not have any pre-existing conditions. If your vehicle passes inspection, then it will be eligible for coverage. If your car cannot pass inspection, you can always have the vehicle fixed and have the car re-inspected.
Make sure you know the terms of your auto warranty before purchasing your car so you won't be let down when you need coverage. The same goes if you already own the vehicle and just need the Extended Warranty. Taking the time to choose the right plan can deliver peace of mind that your repair bills are covered.