Olive Review

Saturday, June 25th

2022 Auto Warranty Plan Reviews

Olive

• Extended car warranties for most makes and models
• "A+" Better Business Bureau rating
• No inspections or waiting periods
• Transferable plans
• Interest-free plans available
• Cancel anytime

Olive was built to give customers peace of mind with their vehicle protection plans. Their mechanical breakdown coverage takes care of things like your engine and transmission if something goes wrong. They've created a wave of new customers within the vehicle protection market with over 59% of their customers being first-time buyers. Olive is operated by Repair Ventures, LLC, who carries an "A+" rating from the Better Business Bureau.

How it works

In the event that your car breaks down, you can head to your local service provider to get repairs taken care of. From there, you'll contact your Olive Coverage Advocate. You'll pay the deductible, plus any non-covered items, and then they'll pay the rest. Both parts and labor will be covered by your Olive plan. If you have to be towed to an auto shop, Olive will reimburse you up to $100.

Three plans to choose from

There are three plans to choose from through Olive. They include:

• Complete Care: covers all major parts of the engine, cooling and fuel, transmission, four-wheel drive, all-wheel drive, front-wheel drive, rear-wheel drive, front suspension, rear suspension, steering, braking system, anti-lock brakes, air conditioning, electrical, instrumentation, power group, luxury group, engine emissions, and safety systems.
• Powertrain Plus: covers most of what is covered by the complete care plan minus certain parts like oil filter adapter housing, fuel pressure sensors, engine oil cooler, thrust arms, and more. It's a middle-tier plan that gives you most of what you need, but isn't as extensive as the complete care plan.
• Olive Powertrain: covers a few areas of the engine, transmission, four-wheel, all wheel, front-wheel, and rear-wheel drive, and nothing else.

A clear chart is available on Olive's website to give the specifics of what is covered under each plan. We highly recommend reading through it to decide which plan is right for you. For most vehicles, the Powertrain Plus plan will likely be the most reasonable.

Skip the inspection, get covered immediately

The coverage plans through Olive cover the majority of auto brands including luxury brands like BMW and Mercedes. As long as your car is less than 10 years old and has under 140,000 miles, it will most likely qualify. However, if there are any pre-existing conditions with the car, they won't be covered. Coverage becomes active the day after you sign up. No inspection is required! If you go to sell your vehicle, you can easily transfer it to the new owner as well.

Spend little, save lots

Plans typically range from $30 - $80/month depending on the age, mileage, make, year, and model of your vehicle. You'll receive a quote in 90 seconds or less by providing your vehicle information and basic personal details on Olive's site. They remind customers that it's a good idea to have an extended coverage plan for your car, truck, or SUV since the average cost of an engine replacement is over $5,000. That's just one of the many parts of a vehicle that can break down, so you will likely save a lot of money by signing up with Olive.

Cancel anytime

If you change your mind about your Olive plan, you can cancel it at any time. Since you pay a monthly fixed price, it's not hard to end your subscription.

Highly recommend

Understanding your options with Olive is easy with their professional, transparent website. In the event you need to contact customer service, they provide a phone number and email address. Their customer satisfaction ratings are great and we are happy with their "A+" Better Business Bureau rating. They've been featured by news outlets like Fox, Google News Lab, NBC, Yahoo!, ABC, and more. This is a reputable company that provides affordable, reliable auto warranty plans and we highly recommend their services.