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How Much Should You Pay for an Extended Auto Warranty

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Auto Warranty in Illinois

Illinois MapBefore 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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With our present rate of driving, we will not get to the original warranty, let alone the extended warranty. The vehicle is serviced at the recommenced ... Fourth Floor, Chicago, IL 60601 or ...

Published:  Sun, 17 Mar 2019 02:15:00 GMT

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The property features generous sized rooms, a large front deck, partially covered patio/breezeway, and 2 car garage. Has both gas and electric hookup for dryer. Gas stove and refrigerator stay. Seller ...

Published:  Mon, 18 Mar 2019 14:19:00 GMT

What are the used car lemon law Illinois

While there is no State Lemon Law in Illinois for used cars ... Used carsmay have a warranty, or may be sold on an "as-is" basis. hi, my name is latoya Stewart and i got car from salinas auto sales2 ...

Published:  Sun, 03 Mar 2019 08:08:00 GMT

Car Buyers Scammed on Warranties, Illinois Charges

If you've been considering an extended warranty for that car you're buying, you may want to proceed with caution. Illinois Attorney General Lisa Madigan is going after a Will County used car ...

Published:  Thu, 27 Jul 2017 06:59:00 GMT

Problem Solver: Car warranty reimbursement guarantee proves worthless

Syverson had to own the car for six years. During that time, he could not get any benefits from the service plan, nor could he cancel it. After the warranty expired ... Mazda Subaru Inc.'s president ...

Published:  Mon, 25 Aug 2014 19:21:00 GMT

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