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Auto Warranty in New Jersey

Before purchasing an auto warranty, a driver should ask how long the company offering the warranty has been in business. A company that is relatively new may not know how to handle claims from New Jersey quickly and efficiently, whereas a company that is experienced will most likely have a track record of happy customers. Businesses that have been providing auto warranty service for at least 10 years are most likely reputable and legitimate, otherwise they would not continue to be in business.

A potential buyer should also ask how claims are paid. If the auto warranty provider requires a receipt from the repair company before sending the policyholder a check, this can become a long, drawn out process for the individual who had to pay the repair shop up-front. Top quality providers make payments quickly and directly to the mechanic. After being contacted by the repair shop and notified that the repair work is done, the company pays immediately by credit card or electronic transfer. The method a business uses to reimburse claims can be an important factor in reducing frustration on the part of the policyholder.

The rating of the auto warranty company should be checked with the BBB before making the decision to purchase a policy. A- ratings or higher with the BBB indicate that the auto warranty company strives to fulfill contracts and honor policies. High BBB ratings show that customers are satisfied with the service provided by a business.

Auto warranty policies all provide different coverage, so an individual needs to understand the provisions and read the policy through in its entirety before purchasing. While some warranties provide coverage on the engine and transmission, others cover only the electronic components. Complete awareness of what the policy provides will promote satisfaction on the part of the vehicle owner.

New Jersey drivers have a great number of options to choose from when it comes to purchasing an auto warranty.

 

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Auto Warranty In The News

What is a limited warranty on a new car

This is part of a series breaking down all the terms you need to know if you're buying a new or used car from a dealership. Check out the rest of the series at our Car Buyer's Glossary. Regardless of ...

Published:  Sat, 03 Nov 2018 06:26:16 GMT



Your Car's Warranty: 5 Tips to Avoid Issues

Cars today are more reliable than ever, and adding to that reliability are the more comprehensive warranty programs offered by manufacturers and dealers alike. As long as the warranty remains active, ...

Published:  Mon, 05 Nov 2018 01:21:00 GMT



Volvo's used cars now come with an unlimited-mileage warranty

Volvos less than five years old and with less than 80,000 miles (128,000 km) on the odometer are eligible for an eight-year warranty extension from the car's original in-service date ...

Published:  Wed, 07 Nov 2018 12:39:00 GMT



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



Volvo introduces unlimited-mileage warranty for certified used cars

High-mile drivers, take note: Volvo said last week that it now offers an unlimited-mileage warranty on its certified pre-owned vehicles ... The brand said coverage can be extended up to eight years fr...

Published:  Tue, 06 Nov 2018 03:02:00 GMT



Extended car warranties - are they worth it

Buying an extended warranty for your car can be a sensible precaution, but it's important to understand exactly what you're getting An extended car warranty is effectively an insurance policy. So, muc...

Published:  Fri, 02 Nov 2018 04:41:00 GMT



Mobile Apps Become New Battleground for Auto Lender Customer Satisfaction, J.D. Power Finds

Frankly and this Site make no warranties or representations in connection therewith ... app has become one of the most critical drivers of customer satisfaction with auto lenders. According to J.D. Po...

Published:  Mon, 12 Nov 2018 05:53:00 GMT




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