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Auto Warranty in Illinois

Before an Illinois buyer hands over the total sum required to purchase an auto warranty, they should ask how long the company providing the policy has been in business. Companies that have only been in business for a short time may not be able to handle claims easily and smoothly, or they may not have the financial resources to pay for large claims submitted. Businesses that fold soon after being established are an unsafe investment for the policyholder, as there will be no one around to pay claims except for the one who bought the policy. A reputable business will have been providing auto warranty services for at least ten years.

BBB accreditation is also an important factor when determining if the business is legitimate and going to be around to pay the claims. In order to be in good standing with the BBB, a company is required to respond quickly and in good faith to all customer claims. Auto warranty companies that have an A rating with the BBB have already demonstrated that they make good on the policy agreements they have issued. It is important to check all auto warranty companies with the BBB before purchasing a policy from any particular one.

A buyer should also ask how the claims will be paid. Businesses who cut the policyholder a check could be asking the individual to pay the repair shop first, then wait for claim processing to issue a check that will arrive through the mail. This can be a financial quandary for many people who are paying the $10,000 up front for an engine replacement. A far better policy is for the auto warranty company to pay the mechanic immediately upon notification that work has been completed. Many mechanics in Illinois prefer to receive instant payment via credit card from the company than to receive a check. It is important to understand payment terms before choosing a policy.

Auto warranties can be a safeguard against expensive repairs; a buyer just needs to do a little research first.

 

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Auto Warranty In The News

Continental reaffirms FY margin decline on weaker auto production, warranty claims

FRANKFURT -- German supplier Continental reaffirmed its outlook for a margin decline in 2018, citing warranty claims and weaker auto production in China and Europe. The margin of adjusted group ...

Published:  Thu, 08 Nov 2018 01:53:00 GMT



Should you upgrade your car to HID headlights

But I get a number of questions about whether they will void your car's warranty. To a degree, they may: The Magnuson-Moss Warranty Act of 1975 says that your car's entire warranty cannot be voided ju...

Published:  Thu, 08 Nov 2018 09:00:00 GMT



GWC Warranty Takes Home 2018 Automotive Communication Award

WILKES-BARRE, Pa., Nov. 7, 2018 /PRNewswire/ -- GWC Warranty, the best-in-class provider of used vehicle service contracts sold through automotive dealers, received a 2018 Automotive Communication Awa...

Published:  Thu, 08 Nov 2018 12:14:00 GMT



Here are some of November's best used car deals

"For consumers looking to save even more on their car purchase, certified pre-owned vehicles can be a great option," said Brian Moody, executive editor for Autotrader. "CPO vehicles undergo thorough i...

Published:  Thu, 08 Nov 2018 07:25:00 GMT



Amazon Discounts Smartphones, Car Charging Accessories, and More for Today Only

Amazon Discounts Smartphones, Car Charging Accessories, and More for Today Only. These deals are for today only, so make sure to get on these immediately. LG Electronics LGUS998U V30+ Factory Unlocked ...

Published:  Mon, 12 Nov 2018 08:03:00 GMT



Bell Auto in Toronto Offers Many Reasonably-Priced Used BMW Vehicles

However, Bell Auto, an award-winning used car... Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representati...

Published:  Tue, 13 Nov 2018 11:32:00 GMT



Hyundai Failed To Honor Sonata Warranties, Drivers Say

When they used their Hyundai dealership again, they were not told the previous work at other shops would raise warranty or maintenance issues. In March and May, both the DCT gear actuator and the tran...

Published:  Fri, 09 Nov 2018 13:32:00 GMT




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