Importance of an Extended Car Warranty
An extended car warranty, more commonly known as a vehicle service contract, is a contract
that extends the warranty coverage that covers the cost of any car repairs or vehicle parts
replacement.
Extended car warranties give you peace of mind that whenever you’re on the road and
experience a breakdown out of nowhere, you’re sure to get some help. Best of all is that you
don’t have to pay for out-of-pocket expenses since the warranty provider will do that for you.
Choose the Best Coverage for You
1. Equip Yourself with the Right Information
The first thing that you need to do is carry out before deciding on what kind of extended
warranty coverage you’re going to purchase is to carry out some research. If you won’t do this,
you probably will end up getting the incorrect coverage.
Here is a list of things you need to keep in mind to help you with your research.
A. Find out the best warranty provider that can cater to your needs. Shop around first,
in this day and age where you can easily find information about anything, you don’t
have to make a lot of effort finding out about each warranty provider.
B. Find out about your car’s history. Use online forums to know what’s the most
common problems with your car.
C. Is the warranty transferrable? You might not think about it right now have any plans
of selling your car in the future, but it’s good to know that in case you change your
mind, you’re able to add value to your car with a transferrable warranty.
2. Don’t Just Choose the Cheapest Coverage
You might think that the best way for you to save money on your extended car warranty
purchase is to choose the cheapest coverage, but that’s the worse decision you can make. If
you want to save money, don’t hesitate to haggle with your agent to the budget that you’re
willing to work with.
Just because you want to save money, doesn’t mean you need to compromise on coverage or
you might end up regretting it in the future.
3. Always Read the Fine Print
Most people will not pay attention to what the fine print states so that you’ll be able to fully
grasp what is covered and what is not. Make it a habit to read the fine print and never hesitate
to ask a question. As a paying customer, you have the right to know what the exclusions are
too.
You can ask your agent about labor coverage and the parts replacement. Also, see to it that
they have information on the service repair shops recommend or accredited.
4. Find Out How Much the Deductible Is
A deductible is the only expense the policy owner will need to shell out for repairs or parts
replacement before the warranty provided pay out the rest of the expense. There are two
instances where you can lower your deductible.
(1) If your car is still covered under the factory warranty, this will give you a lower price for the
reason that you are at the lowest risk of any breakdowns.
(2) Another factor to look out for to lower your deductible is that if you agree to a higher
deductible, you’ll be able to pay much lesser for it. For lower deductibles, you’ll have to pay
higher.
5. Additional Coverage is Provided
The best-extended car warranty coverage is not the one that is cheapest (although for the same
coverage, then go for it), but the best one is the coverage that enables you to choose additional
protection. I’m not just talking about bumper-to-bumper or powertrain coverage but I’m talking
about the availability of Unlimited Kms, Car Rental, Wear and Tear, etc.
Key Take-Away
The best-extended car warranty is the one that tailor fits you and your vehicle’s needs. Before
doing anything, do your research first and shop around. To know more about the additional
coverage stated about, visit A-Protect Warranty. You can find out more on the website or talk
to any of the customer service representatives and get your free quote today!