Wednesday, March 22nd
2023 Auto Warranty Plan Reviews
Toco Warranty
Toco Warranty is very impressive - we finally found a company that offers vehicle repair coverage with instant quotes that are ACTUALLY instant. They have easy-to-understand coverage plans and simple processes for customers who are trying to figure out what they need. Toco offers plans for vehicles with up to 175,000 miles and as old as the 2000 model year. They have high customer satisfaction and supportive customer service. Toco Warranty ties for our highest rating among auto warranty coverage services.
CarShield
CarShield has been providing vehicle coverage warranties since 2005 to thousands of satisfied customers. There are polarizing reviews from customers who have either loved or strongly disliked the services provided by CarShield. They have received an F rating from the Better Business Bureau. We feel that if customers carefully and thoroughly choose their plans and focus on the fine print rather than customer complaints, CarShield could be a good option for extended auto warranty services, but we would advise to proceed with caution.
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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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