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Did you know that Minnesota drivers spend millions of dollars each year just to keep their vehicles on the roads? Unless a car owner has an auto warranty policy, the individual is responsible to pay the repair bill if they want to keep driving.
Auto warranties operate much like health insurance; a buyer chooses a policy, pays either monthly or annually for coverage, and in the event of a repair that is covered under the policy, pays a deductible before the rest of the expense is paid by the warranty company. Many people who have an auto warranty are frustrated with the warranty business when they find out that their repair is not covered. To alleviate this, a vehicle owner should read the auto warranty in its entirety before purchasing. This will help the individual understand what is and what is not covered under the warranty.
Before purchasing an auto warranty policy, the buyer should check the business' rating with the BBB. The BBB requires all accredited businesses to abide by specific standards of conduct in business transactions. Auto warranty companies are required to be responsive, addressing marketplace disputes quickly and professionally. The business is also required to honor promises. In the case of auto warranty providers, this means abiding by all written agreements and verbal representations. Any business with a rating of less than A- should not be considered.
A potential buyer should also ask how long the company has been in business. As a general rule, experienced providers are still in business because they keep their customers happy. A new company may not be able to handle claims satisfactorily, and there is a greater risk of them closing their doors and leaving the policyholder with the repair bill. Companies should have been in business for at least ten years in order to be considered as a legitimate choice for the Minnesota resident looking for an auto warranty.
Auto warranties have provided peace of mind to many drivers when it comes to covering costly repairs.
Auto Warranty In The News
Uxin Upgrades Industry-leading Used Car Warranty Program
BEIJING, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Uxin Limited ("Uxin" or the "Company" ) (UXIN), the largest used car e-commerce platform in China, today announced that it has introduced ...
Published: Wed, 12 Sep 2018 08:31:00 GMT
CarSalesByOwner.com is designed to assist and protect the car buyer, not simply list cars for sale. Offering features traditionally reserved for dealers such as certification, warranty & assurance pro...
Published: Fri, 21 Sep 2018 05:33:00 GMT
Palmer Warranty Service Reviews
Taking up auto protection ensures that your car is adequately repaired in case of any breakdown. Even though vehicles come with factory warranties, these soon expire, leaving your vehicle unprotected.
Published: Tue, 18 Sep 2018 09:06:00 GMT
Jenroc Auto Sales closes, leaving customers without titles and warranty repairs
Torri and James Reynolds might have paid about $35 to register the 2005 Jeep Cherokee they bought in January. But when Torri went to the Ohio Bureau of Motor Vehicles office in New Philadelphia on Mar...
Published: Sun, 16 Sep 2018 02:31:00 GMT
Car dealerships among the worst taking advantage of seniors, advocates say
Belinsky said she's also discovered car salesman adding thousands of dollars in unnecessary fees to seniors' contracts without them knowing or slipping in extended warranties. Most extended warranties ...
Published: Wed, 19 Sep 2018 15:30:00 GMT
Daimler Becomes Part Owner Of Volkswagen On-line Used Car Financing and Warranty Company
Braunschweig, Berlin, Stuttgart September 14, 2018; Daimler, through its Daimler Financial Services division, is set to become a partner and investor in used-vehicle platform heycar, which was success...
Published: Thu, 13 Sep 2018 11:05:00 GMT
The 84 Month Car Loan Is Alive And Well
The answer can be unsettling. Among the problems an 84 month loans can pose is that almost no car comes with a seven-year warranty. A car with severe repair problems may be off the road weeks.
Published: Sun, 16 Sep 2018 04:49:39 GMT
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