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Individuals considering auto warranties in Alaska should first research the available auto warranty companies. While many auto warranty companies are reputable, others are scams. An individual should first check with the BBB to find out if companies have any complaints against them. A buyer should not consider purchasing an auto warranty unless the company has an A- rating or better.
The buyer should ask how long the auto warranty company has been in business and look for a company that has been in business for at least 10 years. A new company may not handle claims properly, which can delay payment. In addition, if the company has only been in business for a short time and quickly goes out of business, the buyer is left with no coverage and a loss of money. Experienced providers are generally better when it comes to handling claims and fulfilling agreements.
Every auto warranty company has a slightly different policy. Some auto warranties cover engines and transmissions, while others only cover electrical systems. They all cover different parts and components, as well as having different labor provisions. A buyer needs to read the fine print and understand exactly what is covered under the warranty before signing on the dotted line.
A buyer also needs to ask where they will be required to take the vehicle when in need of repair. Quality providers allow the owner to take the vehicle to a variety of locations. If the warranty stipulates that the vehicle must be returned to the dealership from which it was purchased, this could be complicated if the dealership is in a different town or the owner moves out of state. The best providers allow the owner freedom in choosing a repair center.
Auto warranties for Alaskan drivers are somewhat like health insurance; a person may pay on them for the lifetime of the vehicle and never use them, or if something major needs fixing a person could be glad they purchased it to cover the cost of the repairs.
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