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Auto Warranty in Minnesota

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.

 

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Auto Warranty In The News

The Amynta Group Accelerates Transformation of Its Auto Warranty Business

DALLAS, Feb. 11, 2019 /PRNewswire/ -- The Amynta Group, an industry leading group of warranty, managing general agent and specialty risk companies, today announced that Adam Pope, President of its War...

Published:  Mon, 11 Feb 2019 08:56:00 GMT



Xcelerate to sell third-party warranties for EVs including Teslas

DETROIT (Reuters) - Auto leasing and financing company Xcelerate said on Thursday it has launched the first U.S. third-party extended warranties for electric vehicles, including those of market ...

Published:  Thu, 14 Feb 2019 09:17:00 GMT



AutoPair Warranty Introduces Competitive Pricing Plans for Extended Car Warranties

AutoPair Warranty, a leading auto warranty provider in Ontario, has introduced competitive pricing plans for extended car warranties or used car warranties. This service comes as a relief to vehicle o...

Published:  Mon, 18 Feb 2019 05:02:00 GMT



7 On Your Side gets 'worthless warranty' refunds for New Jersey car buyers

After 7 On Your Side aired a story in November about a New Jersey woman who got billed for a car she didn't own, several other viewers wanted help solving their beefs with the same local car dealer.

Published:  Fri, 08 Feb 2019 13:35:00 GMT



Should I Really Avoid a Car in the First Model Year

Is the As-Is a standard practice on a used car" It is common practice for used cars to be sold "as-is" especially if they are beyond their warranty period, but that doesn't seem to be the ...

Published:  Fri, 15 Feb 2019 06:11:00 GMT



Making car manufacturers honour your warranty

Readers often write me about car problems. Since I'm not an expert, I consult with the Automobile Protection Association, a well-known consumer group founded almost 50 years ago by Phil Edmonston (lat...

Published:  Tue, 05 Feb 2019 03:54:55 GMT



Driving a Tesla Model 3 Performance in the Cold Could Void Tire Warranty

One owner told The Drive that he took delivery of his car at the Tesla Store in Salt Lake City on December 10th, 2018, which had a high of 39 degrees that day. According to the owner, his delivery adv...

Published:  Thu, 14 Feb 2019 08:14:00 GMT



These are the top car-buying mistakes to avoid, according to Edmunds

you also spare yourself a marathon day on a car lot. Many shoppers tell us about the killer deals they got on their cars, then explain how they wound up spending those savings on gap insurance, an ext...

Published:  Thu, 14 Feb 2019 02:00:00 GMT



Tools, Equipment Purchasing Driven By Warranty, Word Of Mouth, Auto Care Association Study Says

The Auto Care Association has announced the release of its latest market intelligence research publication, "Purchasing Trends Study - Tools and Equipment 2018." The report defines and explores the ke...

Published:  Mon, 11 Feb 2019 07:48:00 GMT



When Buying A New Car Is A Better Deal Than A Used One

However, when spread out over the length of a car loan, the added amount can be largely offset by getting an additional year of warranty coverage, financing at a lower interest rate, and any dealer in...

Published:  Thu, 14 Feb 2019 07:54:00 GMT




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