Saturday, September 30th
2023 Auto Warranty Plan Reviews
CARCHEX
CARCHEX is a well-established vehicle protection broker that has been providing auto warranty coverage since it was founded in 1999. They come highly recommended by the Better Business Bureau, national media outlets, and other companies. We are impressed with the smooth processes set up by CARCHEX and positive customer feedback, making them our top auto warranty company.
Concord
Concord Auto Protect provides car warranty services to customers within three main plans. They offer free roadside assistance, a 30-day money back guarantee, and repairs at any ASE certified facility with all plans. Even though Concord is a fairly new company (founded in 2014), they have gained a loyal customer base that reports extremely positive experiences with their services.
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When you purchase a new car, an auto warranty is usually an optional purchase along with it. This is a good choice for vehicle owners who want to spend a little extra each month or in one lump sum for peace of mind about dealing with potential vehicle issues down the road (no pun intended). Generally, a warranty extends for a certain number of years or until the vehicle reaches a specific number of miles.
Heaven forbid you have an engine blowout, faulty brake system, electrical issue, or steering malfunction as you're cruising along in your car. If this were the case, a big concern for you (besides your safety) would be the thousands of dollars it could cost to get these major issues repaired. Whether your vehicle is brand new or a few years old, unfortunately things go wrong with cars that you can never predict.
Auto Warranty Plan FAQ
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Auto warranties make it so that vehicle owners pay a contracted price much lower than the total cost of a major repair to ensure that if a big issue arises, the costs for fixing the vehicle will be covered. Some major repairs that might be covered under warranty include transmission, engine, powertrain, heating/cooling, and other necessary vehicle parts.
Before choosing an auto warranty plan, we suggest you keep the following criteria in mind:
- Price. Consider the plans of a few different auto warranty plans. How do they compare cost-wise? Make sure the price of the plan will be worth it if you are paying for the warranty a few years before needing to get repairs covered.
- Coverage. Make sure you know exactly what is covered under the auto warranty. You don't want to deal with a common vehicle issue and find out it wasn't included under the warranty you've been paying for.
- Reputation. How smooth is the process for submitting a claim? When you have an auto warranty claim, will they stand behind you? Have they been in business with happy customers long enough for you to know they will still be around for a while?
To help you identify the best auto warranty plan, TopConsumerReviews.com has reviewed and ranked a variety of options. We hope this information helps you find the auto warranty plan that fits your needs!
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