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Trying to Get the Best Vehicle Extended Warranty on Your Car

Posted by Andrew Hillin

Sep 8, 2011 9:06:00 AM

warranty familyGetting an extended vehicle warranty can provide security and peace of mind, and many policies' prices can be canceled out with just one major repair. However, not every broker sells warranties of the best quality, and some have features that other companies lack. The extensiveness of the warranty also makes a difference, with some policies covering all unforeseen repairs and others only covering major breakdowns.

When researching for the best company to buy from, it's essential to first see what kind of policy is best for the make and model of the car in question. Some cars are more likely to fail over time. Sales people from car dealerships should be avoided, since they charge twice as much as third party brokers. The best companies are the ones that are accredited or rated through the Better Business Bureau. The BBB uses 16 standards to grade vehicle warranty companies, which includes a complaint history. The company should be well-established and offer national coverage so that the driver does not have to get repairs done in specific shops or states. They should be financially secure enough to back any major repair bill, and the best ones will provide additional services such as roadside assistance, towing, claim transfers and rental cars during the duration of the vehicle's repair.

Once a company has been decided on, the next question is the amount of coverage that the driver feels is necessary. This will change from person to person, depending on what they want from a vehicle warranty. With newer or better-made cars, major break down coverage should cover the worst of potential problems. With older or used cars, however, wear and tear is much likelier to kill the vehicle than anything else. That driver would be better off going with a wear and tear coverage, which is more expensive but covers more potential problems. The best coverage is the exclusionary coverage, which covers every aspect except very specific problems, which are listed in the vehicle warranty. This is usually the most expensive policy, but it provides total coverage and the best peace of mind. Drivers can be assured that a sudden repair bill will not drain their finances.

The best extended warranty is the one that suits the vehicle owner and their car's make and model. Quotes can be found online and policies can be purchased to extend the safety and security of the original manufacturer's warranty.

Topics: vehicle warranty

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