4 extended vehicle warranties you should consider
When purchasing a vehicle, you are generally provided with the manufacturer’s vehicle warranty. The warranty stays valid on an average of 3 years or 36,000 miles, whichever comes first. However, after that, it is recommended to invest in an extended vehicle warranty to cover the repairs your vehicle may undergo over the coming years. While there are several extended vehicle warranties in the market, you need to choose the one that best suits your requirements. To help you narrow down your choices, here is a list of some of the most popular extended vehicle warranty services you can consider.
Endurance
Extended vehicle warranty from Endurance is accredited by the Vehicle Protection Association and Better Business Bureau (BBB) with an A+ rating.
Carchex
Carchex’s extended vehicle warranty is accredited by BBB with an A+ rating.
Autopom
Another one of the popular choices for extended vehicle warranty, Autopom maintains an A+ rating from BBB. It partners with four warranty providers— Financial Group, Enterprise Royal Administration, Mercury Insurance Group, and United Car Care. This gives you a choice of mileage caps and flexible payment terms ranging from three to eight years. Autopom also offers coverage for vehicle breakdowns. The quotes range between $1,500 and $4,000. However, you are required to pay a 10% down payment, which is higher than industry standards.
CarShield
CarShield offers more than 30 extended vehicle warranty plans, offering coverage for almost any vehicle under 300,000 miles. This wide variety of plans for new, used, and pre-owned vehicles make it easy to qualify for an extended vehicle warranty from CarShield. Most warranties are monthly and can be transferred. CarShield pays claims directly to repair facilities, offering 24/7 roadside assistance. It also offers the flexibility to get your vehicle repaired at any dealer or ASE-licensed mechanic. CarShield pricing is typically under $100 a month.