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If a vehicle is currently covered by a factory warranty or another auto warranty, an owner can later add more coverage if that seems necessary. Some warranties offer coverage upgrades; others lock the vehicle into one level of policy for the life of the warranty. If this is the case, an owner can simply purchase an additional auto warranty policy that covers the desired aspects of the vehicle. There are many different options available when it comes to auto warranties.
South Carolina drivers should review the financial stability of the company offering the warranty before purchasing. The service plan will be worthless if the company goes out of business before the policyholder is reimbursed for a claim. Companies need to have been in business for at least 10 years in order to be considered as reliable.
Also, only businesses that have an A rating with the BBB should be thought of as legitimate options when it comes to purchasing an auto warranty. Accreditation with the BBB and high ratings generally mean that the business operates with integrity and customers are pleased with the service provided. Verifying the authenticity of any auto warranty business is crucial before committing to buy a policy.
A South Carolina resident should never buy an auto warranty when under pressure. Dealers often try to sell an auto warranty by offering the convenience of rolling the coverage into a car loan, but that means the buyer will be paying interest on the policy, and may be paying for coverage that is already offered under the factory warranty. The coverage can always be increased as the vehicle ages. Taking some time to research auto warranties rather than making a snap decision in the office of the car dealer will be better for the buyer.
Auto warranties provide peace of mind to many vehicle owners when it comes to the thought of costly repair bills; purchasing one should be a deliberate, careful decision.
Auto Warranty In The News
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
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
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
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
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
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
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
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