What Features Do Auto Extended Warranties Cover? 

 

You have just taken the plunge and purchased an extended warranty for your automobile. Before you jump in feet first, ask yourself, "what features do auto extended warranties cover?" It is important to understand that an extended warranty will not cover mechanical breakdowns or engine malfunctions, but it will offer you a "lifetime" warranty on the parts that wear out or become defective. So, when the time comes that they are needed, you will be able to take advantage of the savings offered. But, before you purchase that warranty you need to be well informed about what features do auto extended warranties cover? 

Most companies will only cover parts that come with your extended warranty. This includes your engine, transmission and brakes. Your vehicle will also need to be repaired at the dealership or place of purchase if the warranty does not cover all of these components. Many times a good warranty will provide you with a new car as a bonus, which can save you quite a bit of money. Many times a manufacturer's extended warranty will provide you with the spare parts necessary to repair your vehicle. 

Most companies that provide extended warranties will require that you have a copy of your vehicle's service record before you are approved for an extended warranty. The reason for this is so that they can make sure that you are not trying to take advantage of the program by putting a dent in the warranty. Another reason that they request this information is to make certain that you are in compliance with their warranty terms. If you violate the terms of the warranty you will receive nothing. 

Some warranties will cover everything included in the original purchase price of the car. If there is a total loss situation, meaning the car is totaled, then the remaining balance will be paid for by the warranty provider. If you still have a car, then you may have to pay to get it reconditioned, which can also be covered by some plans. Most warranty companies only cover repairs or replacements for needed parts. They cover mechanical breakdown etc.  You have to check with each company to know what they all cover. It is highly recommended to go online and look at different sites like https://olive.com/best-extended-car-warranty-buyers-guide/ to know what each company covers. 

In addition to this coverage you typically receive an extended warranty that includes parts and labor. You must have your car inspected before the warranty company can provide you with this coverage. This inspection must be done before the warranty provider sends out the parts to you or if you are receiving new car parts, then it must be done at the dealership where the car was purchased. Be aware that if your vehicle has any major mechanical problems, then the warranty will often require that you pay to have it fixed before it is covered by the plan. 

When you take out a warranty with a specific company it is very important to make sure that you use the company that you want to work with. It would not be very wise to take out a warranty with a company that you have never heard of and have no knowledge of. In fact there have been cases when people have been locked out of their vehicles because they have chosen a wrong warranty provider. Therefore, you need to ensure that you choose a reputable warranty provider who you know is a good match for your vehicle. 

The amount of time that an extended warranty will cover varies from plan to plan. Most plans will cover the car for one year on minor repairs only and anywhere up to twelve months on major repairs. The most popular plan is usually the three, six or nine-month plan, which covers everything from engine replacement to brake pads to engine overhauling. If you need a car to

drive for business purposes, then the limited mileage warranty will be enough to cover the expense of having your car repaired if it needs repairs. 

What features do auto extended warranties cover? These are just a few of the questions that you should ask yourself when considering purchasing such plans. Be sure that you get all the facts and that you understand the terms and conditions of each plan. This is where researching online can help you. You can easily find auto extended warranty companies on the Internet and review their terms and conditions and find out if you want to pursue their warranty. If you purchase a plan that does not cover everything that you want, then you may not be saving as much money as you thought you would.

 

 

Public Last updated: 2021-12-27 10:54:54 AM